MRAM - Everspin Technologies Inc Stock Price, Fair Value and News

7.47USD+0.01 (+0.13%)Delayed as of 25 Apr 2024, 01:03 pm ET

Market Summary

USD7.47+0.01

Delayedas of 25 Apr 2024, 01:03 pm

0.13%

MRAM Alerts

2 major insider sales recently.

MRAM Stock Price

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MRAM RSI Chart

MRAM Valuation

Market Cap

158.3M

Price/Earnings (Trailing)

17.49

Price/Sales (Trailing)

2.48

EV/EBITDA

11.93

Price/Free Cashflow

13.51

MRAM Price/Sales (Trailing)

MRAM Profitability

EBT Margin

13.97%

Return on Equity

16.79%

Return on Assets

13.45%

Free Cashflow Yield

7.4%

MRAM Fundamentals

MRAM Revenue

Revenue (TTM)

63.8M

Rev. Growth (Yr)

6.48%

Rev. Growth (Qtr)

1.46%

MRAM Earnings

Earnings (TTM)

9.1M

Earnings Growth (Yr)

219.48%

Earnings Growth (Qtr)

-19.28%

Breaking Down MRAM Revenue

52 Week Range

6.2110.50

(Low)(High)

Last 7 days

0.1%

Last 30 days

-7.2%

Last 90 days

-13.7%

Trailing 12 Months

19.7%

How does MRAM drawdown profile look like?

MRAM Financial Health

Current Ratio

6.59

Debt/Equity

0.02

Debt/Cashflow

13.76

MRAM Investor Care

Shares Dilution (1Y)

3.84%

Diluted EPS (TTM)

0.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	60.5M	61.5M	62.7M	63.8M
2022	59.2M	62.1M	62.5M	60.0M
2021	42.2M	42.2M	46.9M	55.1M
2020	37.6M	40.8M	41.7M	42.0M
2019	44.6M	42.5M	40.1M	37.5M
2018	42.9M	44.7M	47.3M	49.4M
2017	28.8M	31.0M	32.9M	35.9M
2016	26.4M	26.8M	26.8M	27.1M
2015	25.3M	25.7M	26.1M	26.5M
2014	0	0	0	24.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Everspin Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	aggarwal anuj	sold	-100,760	7.84	-12,852	chief financial officer
Apr 02, 2024	aggarwal sanjeev	sold	-136,824	7.84	-17,452	president and ceo
Mar 26, 2024	schrenk david	sold	-1,780	8.02	-222	vp sales & bus. development
Mar 26, 2024	aggarwal sanjeev	sold	-4,162	8.02	-519	president and ceo
Mar 20, 2024	schrenk david	sold	-12,292	7.88	-1,560	vp sales & bus. development
Mar 15, 2024	schrenk david	sold	-9,623	7.98	-1,206	vp sales & bus. development
Mar 13, 2024	mitchell douglas m	acquired	-	-	28,248	-
Mar 13, 2024	schrenk david	sold	-2,064	8.16	-253	vp sales & bus. development
Mar 13, 2024	ribar geoffrey g	sold	-66,776	8.5	-7,856	-
Mar 12, 2024	aggarwal anuj	sold	-399	8.33	-48.00	chief financial officer

Which funds bought or sold MRAM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Total Clarity Wealth Management, Inc.	new	-	614,529	614,529	0.21%
Apr 11, 2024	Silverberg Bernstein Capital Management LLC	sold off	-100	-92,768	-	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-10.14	-1,432,690	6,818,660	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	new	-	414,122	414,122	-%
Feb 20, 2024	Quarry LP	new	-	25,366	25,366	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	added	5.4	-20,000	615,000	0.05%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	1,240,760	1,240,760	-%
Feb 15, 2024	BARCLAYS PLC	added	401	357,000	456,000	-%
Feb 14, 2024	Squarepoint Ops LLC	new	-	405,842	405,842	-%
Feb 14, 2024	Man Group plc	added	91.12	559,294	1,297,550	-%

Are Funds Buying or Selling MRAM?

Are funds buying MRAM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MRAM

No. of Funds

MRAM Alerts

2 major insider sales recently.

Unveiling Everspin Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	awm investment company, inc.	9.9%	2,006,241	SC 13G/A
Aug 18, 2022	hirschman orin	4.0%	854,430	SC 13G/A
Feb 14, 2022	nv partners iv l p	6.7%	1,319,619	SC 13G/A
Feb 11, 2022	awm investment company, inc.	9.7%	1,908,735	SC 13G/A
Feb 11, 2022	hirschman orin	7.4%	1,453,976	SC 13G/A
Nov 16, 2021	hirschman orin	8.2%	1,605,026	SC 13G
Feb 12, 2021	awm investment company, inc.	9.9%	1,878,597	SC 13G/A
Feb 01, 2021	lux ventures ii, l.p.	0.0%	0	SC 13D/A
Nov 19, 2020	hirschman orin	1.9%	354,897	SC 13G/A
May 22, 2020	hirschman orin	5.1%	950,000	SC 13G

Recent SEC filings of Everspin Technologies Inc

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 04, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading

Peers (Alternatives to Everspin Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.0T	60.9B	-16.13%	203.64%	66.93	32.7	125.85%	581.31%
AMD	245.2B	22.7B	-15.05%	81.07%	287.1	10.81	-3.90%	-35.30%
AMAT	162.9B	26.5B	-5.95%	77.25%	22.76	6.15	0.88%	10.98%
INTC	145.9B	54.2B	-17.52%	19.46%	86.36	2.69	-14.00%	-78.92%
ADI	97.4B	11.6B	3.08%	8.48%	34.61	8.42	-8.03%	-17.90%
MID-CAP
AMKR	7.3B	6.5B	-6.31%	35.54%	20.41	1.13	-8.30%	-53.02%
CRUS	4.7B	1.8B	-4.42%	2.64%	26.43	2.6	-11.16%	-46.12%
DIOD	3.3B	1.7B	4.30%	-11.05%	14.34	1.96	-16.94%	-31.42%
ACLS	3.2B	1.1B	-9.92%	-17.03%	13.07	2.85	22.89%	34.51%
AMBA	1.7B	226.5M	-17.15%	-33.89%	-10.29	7.7	-32.92%	-159.10%
SMALL-CAP
ACMR	1.7B	557.7M	-6.66%	192.92%	21.9	3.04	43.44%	97.00%
AOSL	599.8M	640.0M	-1.76%	-9.32%	-34.98	0.94	-19.44%	-128.49%
AEHR	322.1M	71.9M	-2.02%	-53.83%	20.91	4.48	14.14%	8.17%
ATOM	151.7M	550.0K	-5.00%	9.20%	-7.67	275.88	43.98%	-13.47%
ASYS	69.1M	116.7M	-8.29%	-42.71%	-3.6	0.59	15.07%	-240.88%

Everspin Technologies Inc News

Latest updates

Everspin Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.5%	16,706	16,466	15,747	14,846	15,690	15,241	14,707	14,347	18,223	14,795	11,848	10,280	9,977	10,120	11,826	10,108	9,653	9,178	8,646	10,026	12,281
Gross Profit	-2.2%	9,703	9,919	9,193	8,430	8,067	8,964	8,591	8,323	11,443	8,448	7,196	5,985	5,218	2,329	5,191	5,351	5,173	4,354	4,019	4,785	5,434
Operating Expenses	2.2%	8,116	7,940	7,570	7,734	7,515	7,053	6,851	6,299	7,655	7,373	6,740	6,269	6,401	6,040	6,278	6,933	8,236	7,936	7,614	8,957	8,827
S&GA Expenses	-5.8%	1,270	1,348	1,355	1,315	1,240	1,203	1,292	1,134	1,156	1,272	1,045	987	912	912	1,056	1,103	1,270	1,491	1,239	1,364	1,806
R&D Expenses	20.7%	3,210	2,659	2,708	3,199	3,094	2,879	2,699	2,436	3,727	3,105	3,357	2,439	2,513	2,579	2,774	3,030	3,271	3,395	3,519	3,998	3,931
EBITDA Margin	-1.5%	0.16*	0.16*	0.12*	0.12*	0.12*	0.17*	0.16*	0.14*	0.12*	0.03*	-0.07*	-0.10*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	63.00	56.00	73.00	70.00	75.00	86.00	165	144	152	164	157	172	172	180	170	186	211	228
Income Taxes	-	-	-	-	-	-	-	-	-	-71.00	22.00	44.00	9.00	160	24.00	50.00	26.00	-	-	-	-	-
Earnings Before Taxes	-19.9%	1,952	2,438	3,885	-	630	1,907	1,671	1,935	3,596	902	300	-451	-1,431	-3,871	-1,244	-1,706	-	-	-	-	-
EBT Margin	-1.1%	0.14*	0.14*	0.10*	0.10*	0.10*	0.15*	0.13*	0.11*	0.08*	-0.01*	-0.13*	-0.17*	-	-	-	-	-	-	-	-	-
Net Income	-19.3%	1,968	2,438	3,885	761	616	1,907	1,671	1,935	3,667	880	256	-460	-1,591	-3,895	-1,294	-1,732	-3,080	-3,663	-3,670	-4,256	-3,479
Net Income Margin	15.7%	0.14*	0.12*	0.12*	0.08*	0.10*	0.15*	0.13*	0.11*	0.08*	-0.02*	-0.13*	-0.17*	-	-	-	-	-	-	-	-	-
Free Cashflow	-51.4%	1,718	3,538	6,275	193	3,767	584	3,347	-993	5,969	1,833	-815	1,342	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.8%	67.00	63.00	57.00	52.00	55.00	54.00	46.00	43.00	39.00	35.00	35.00	35.00	33.00	33.00	35.00	35.00	35.00	35.00	37.00	42.00	45.00
Current Assets	7.4%	58.00	54.00	48.00	42.00	45.00	44.00	40.00	37.00	37.00	32.00	31.00	31.00	28.00	28.00	29.00	29.00	29.00	29.00	31.00	35.00	41.00
Cash Equivalents	5.8%	37.00	35.00	31.00	24.00	27.00	23.00	23.00	20.00	21.00	15.00	14.00	15.00	15.00	14.00	13.00	14.00	14.00	15.00	15.00	19.00	23.00
Inventory	-2.8%	8.00	9.00	7.00	6.00	7.00	8.00	6.00	6.00	6.00	7.00	7.00	5.00	6.00	6.00	8.00	8.00	8.00	8.00	9.00	10.00	9.00
Net PPE	14.3%	4.00	3.00	4.00	4.00	4.00	3.00	3.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00
Liabilities	5.9%	13.00	13.00	11.00	12.00	17.00	17.00	13.00	13.00	12.00	14.00	15.00	17.00	15.00	15.00	15.00	15.00	17.00	17.00	19.00	21.00	20.00
Current Liabilities	13.5%	9.00	8.00	6.00	6.00	11.00	11.00	10.00	9.00	10.00	11.00	12.00	13.00	10.00	10.00	6.00	7.00	8.00	8.00	13.00	14.00	14.00
Long Term Debt	-	-	-	-	-	-	-	-	1.00	2.00	2.00	3.00	3.00	4.00	4.00	7.00	7.00	7.00	8.00	4.00	5.00	7.00
LT Debt, Current	-	-	-	-	-	3.00	3.00	4.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00	1.00	1.00	1.00	0.00	6.00	6.00	6.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	1.00	2.00	2.00	3.00	3.00	4.00	4.00	7.00	7.00	7.00	8.00	4.00	5.00	7.00
Shareholder's Equity	7.1%	54.00	50.00	46.00	41.00	39.00	37.00	33.00	30.00	27.00	21.00	19.00	18.00	17.00	18.00	20.00	20.00	18.00	18.00	19.00	21.00	25.00
Retained Earnings	1.4%	-137	-139	-142	-145	-146	-147	-149	-150	-152	-156	-157	-157	-157	-155	-151	-150	-148	-145	-141	-138	-133
Additional Paid-In Capital	0.8%	192	190	188	187	185	184	182	181	180	178	177	176	175	174	172	170	167	164	161	160	159
Shares Outstanding	0.7%	21.00	21.00	21.00	21.00	20.00	20.00	20.00	20.00	20.00	20.00	19.00	19.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	191	-	-	-	118	-	-	-	118	-	-	-	105	-	-	-	87.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-42.6%	2,042	3,555	6,327	1,204	5,235	908	4,321	-971	6,421	1,857	-570	1,651	614	663	-1,645	-2,555	-2,661	-665	-1,641	-3,149	-7,794
Share Based Compensation	2.0%	1,305	1,280	1,260	1,160	1,121	1,152	1,311	824	753	1,027	704	743	1,335	910	918	805	1,157	895	798	704	604
Cashflow From Investing	-1782.4%	-320	-17.00	-37.00	-1,011	-1,468	-324	-772	-22.00	-452	-24.00	-245	-309	-13.00	-30.00	-213	-64.00	-295	-105	-236	-225	-401
Cashflow From Financing	-48.8%	290	566	329	-2,777	-414	-193	-383	-531	882	-1,494	-451	-456	71.00	378	824	2,082	2,663	277	-1,365	-1,490	136

MRAM Income Statement

2023-12-31

Statements of Income and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Total revenue	$ 63,765	$ 59,985
Total cost of sales	26,520	26,040
Gross profit	37,245	33,945
Operating expenses:
Research and development	11,776	11,108
General and administrative	14,296	11,741
Sales and marketing	5,288	4,869
Total operating expenses	31,360	27,718
Income from operations	5,885	6,227
Interest expense	(63)	(274)
Other income, net	3,214	190
Net income before income taxes	9,036	6,143
Income tax benefit (expense)	16	(14)
Net income and comprehensive income	$ 9,052	$ 6,129
Net income per common share, Basic	$ 0.44	$ 0.30
Net income per common share, Diluted	$ 0.42	$ 0.29
Weighted average shares of common stock outstanding, basic	20,748,302	20,130,336
Weighted average shares of common stock outstanding, diluted	21,367,304	20,775,925
Product sales
Total revenue	$ 53,123	$ 55,032
Total cost of sales	24,693	25,112
Licensing, royalty, patent and other revenue
Total revenue	10,642	4,953
Total cost of sales	$ 1,827	$ 928

MRAM Balance Sheet

2023-12-31

Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 36,946	$ 26,795
Accounts receivable, net	11,554	10,665
Inventory	8,391	6,683
Prepaid expenses and other current assets	988	604
Total current assets	57,879	44,747
Property and equipment, net	3,717	3,883
Right-of-use assets	5,495	6,641
Other assets	212	62
Total assets	67,303	55,333
Current liabilities:
Accounts payable	2,916	2,778
Accrued liabilities	4,336	3,533
Deferred revenue	336	821
Current portion of long-term debt		2,594
Lease liabilities, current portion	1,190	1,122
Other liabilities		27
Total current liabilities	8,778	10,875
Lease liabilities, net of current portion	4,390	5,580
Long-term income tax liability	214	214
Total liabilities	13,382	16,669
Commitments and contingencies (Note 5)
Stockholders' equity:
Preferred stock, $0.0001 par value per share; 5,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively
Common stock, $0.0001 par value per share; 100,000,000 shares authorized; 21,080,472 and 20,374,288 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	2	2
Additional paid-in capital	191,569	185,364
Accumulated deficit	(137,650)	(146,702)
Total stockholders' equity	53,921	38,664
Total liabilities and stockholders' equity	$ 67,303	$ 55,333

About Everspin Technologies Inc

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, Germany, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

CEO	Dr. Sanjeev Aggarwal Ph.D.
WEBSITE	everspin.com
INDUSTRY	Semiconductors
EMPLOYEES	74

Everspin Technologies Inc Frequently Asked Questions

What is the ticker symbol for Everspin Technologies Inc? What does MRAM stand for in stocks?

MRAM is the stock ticker symbol of Everspin Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Everspin Technologies Inc (MRAM)?

As of Wed Apr 24 2024, market cap of Everspin Technologies Inc is 158.34 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MRAM stock?

You can check MRAM's fair value in chart for subscribers.

What is the fair value of MRAM stock?

You can check MRAM's fair value in chart for subscribers. The fair value of Everspin Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Everspin Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MRAM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Everspin Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether MRAM is over valued or under valued. Whether Everspin Technologies Inc is cheap or expensive depends on the assumptions which impact Everspin Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MRAM.

What is Everspin Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, MRAM's PE ratio (Price to Earnings) is 17.49 and Price to Sales (PS) ratio is 2.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MRAM PE ratio will change depending on the future growth rate expectations of investors.