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Everspin Technologies Inc (MRAM)
NASDAQ:MRAM
RESEARCH TOOLSreports
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MRAM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.89 - $9.43
Previous Close$6.23
Volume403.11K
Average Volume (3M)113.14K
Market Cap
$139.74M
Enterprise Value$100.15M
Total Cash (Recent Filing)$39.59M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)87.6
Beta1.07
Next Earnings
Feb 26, 2025EPS Estimate
$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.07
Shares Outstanding21,972,051
10 Day Avg. Volume312,184
30 Day Avg. Volume113,141
Standard Deviation0.21
R-Squared0.05
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)2.31
Price to Sales (P/S)2.59
Price to Cash Flow (P/CF)12.30
P/FCF Ratio12.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.86
Enterprise Value/Gross Profit2.69
Enterprise Value/Ebitda32.29
Forecast
1Y Price Target
$9.00Price Target Upside44.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Everspin Technologies News
PremiumCompany Announcements
Everspin Technologies Exceeds EPS Guidance in Q3 2024
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGAAP EPS exceeded estimates significantly, boosted by $4.4 million in other income from milestone payments related to the Department of Defense On-Shore MRAM Manufacturing award.
Product DevelopmentDesign win momentum for low-density PERSYST MRAM in industrial automation PLCs is expected to drive production and ramp-up in the coming period.
Revenue GrowthRevenue is projected to increase as customer inventory levels normalize and high-density STT MRAM ramps up at IBM for data center applications.
Bears Say
Financial Guidance3Q24 guidance came in below estimates including a weak gross margin outlook due to mix and absorption.
Manufacturing ChallengesGross margin is being brought down as underutilization in the Chandler, Arizona fab persists.
Revenue ProjectionsCY24/25 estimates come down on weaker gross margin due to absorption and lower royalty revenue.
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Ownership Overview
7.47% Insiders
7.86% Mutual Funds
12.66% Other Institutional Investors
64.28% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
MRAM FAQ
What was Everspin Technologies Inc’s price range in the past 12 months?
Everspin Technologies Inc lowest stock price was $4.89 and its highest was $9.43 in the past 12 months.
What is Everspin Technologies Inc’s market cap?
Currently, no data Available
When is Everspin Technologies Inc’s upcoming earnings report date?
Everspin Technologies Inc’s upcoming earnings report date is Feb 26, 2025 which is in 60 days.
How were Everspin Technologies Inc’s earnings last quarter?
Everspin Technologies Inc released its earnings results on Oct 30, 2024. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of -$0.06 by $0.16.
Is Everspin Technologies Inc overvalued?
According to Wall Street analysts Everspin Technologies Inc’s price is currently Undervalued.
Does Everspin Technologies Inc pay dividends?
Everspin Technologies Inc does not currently pay dividends.
What is Everspin Technologies Inc’s EPS estimate?
Everspin Technologies Inc’s EPS estimate is $0.02.
How many shares outstanding does Everspin Technologies Inc have?
Everspin Technologies Inc has 21,972,052 shares outstanding.
What happened to Everspin Technologies Inc’s price movement after its last earnings report?
Everspin Technologies Inc reported an EPS of $0.1 in its last earnings report, beating expectations of -$0.06. Following the earnings report the stock price went down -9.384%.
Which hedge fund is a major shareholder of Everspin Technologies Inc?
Among the largest hedge funds holding Everspin Technologies Inc’s share is First Eagle Investment Management LLC. It holds Everspin Technologies Inc’s shares valued at N/A.
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Everspin Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.00 (44.46% Upside)
$9.00 (44.46% Upside)
Blogger Sentiment
Bullish
MRAM Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 236.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $181.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.04%
12-Months-Change
Fundamentals
Return on Equity
2.80%
Trailing 12-Months
Asset Growth
15.25%
Trailing 12-Months
Company Description
Everspin Technologies Inc
Everspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. Its products store data as a magnetic state and is offered as either a discrete or embedded solution. Its products include Toggle MRAM, Spin-transfer Torque MRAM, nvNITRO Solutions, and Embedded MRAM. The company was founded by Saied Tehrani in June 2008 and is headquartered in Chandler, AZ.
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MRAM Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as meeting revenue expectations, securing key product wins, maintaining a strong balance sheet, and obtaining strategic contracts. However, these positives were balanced by challenges including a year-over-year revenue decline, reduced gross margins, and geographical market difficulties.Read More>---
MRAM Stock 12 Month Forecast
Average Price Target
$9.00
▲(44.46% Upside)
Technical Analysis
Best Analysts Covering MRAM
1 Year
1 Year Success Rate
10/22 ratings generated profit
1 Year Average Return
-5.34%
reiterated a buy rating 2 months ago
Copying Richard Shannon's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of -5.34% per trade.
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