Everspin Technologies Stock Today

MRAM Stock  USD 6.10  0.01  0.16%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Everspin Technologies is selling at 6.10 as of the 28th of November 2024; that is 0.16 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.0. Everspin Technologies has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Everspin Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
7th of October 2016
Category
Technology
Classification
Information Technology
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory products in the United States, Hong Kong, Japan, China, Canada, and internationally. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona. The company has 21.97 M outstanding shares of which 577.28 K shares are now shorted by private and institutional investors with about 4.95 trading days to cover. More on Everspin Technologies

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Everspin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentSanjeev Aggarwal
Thematic IdeaSemiconductor (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, Semiconductor, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.380.9474
Way Up
Slightly volatile
Gross Profit Margin0.430.5841
Way Down
Very volatile
Total Current Liabilities11.2 M8.8 M
Significantly Up
Slightly volatile
Non Current Liabilities Total5.7 M4.6 M
Fairly Up
Slightly volatile
Total Assets41.5 M67.3 M
Way Down
Slightly volatile
Total Current Assets36.3 M57.9 M
Way Down
Slightly volatile
Debt Levels
Everspin Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Everspin Technologies' financial leverage. It provides some insight into what part of Everspin Technologies' total assets is financed by creditors.
Liquidity
Everspin Technologies currently holds 5.58 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Everspin Technologies has a current ratio of 3.95, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Everspin Technologies' use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(2.18 Million)
Everspin Technologies (MRAM) is traded on NASDAQ Exchange in USA. It is located in 5670 West Chandler Boulevard, Chandler, AZ, United States, 85226 and employs 82 people. Everspin Technologies is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 134.03 M. Everspin Technologies conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 21.97 M outstanding shares of which 577.28 K shares are now shorted by private and institutional investors with about 4.95 trading days to cover. Everspin Technologies currently holds about 23.44 M in cash with 13.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.15.
Check Everspin Technologies Probability Of Bankruptcy
Ownership Allocation
Everspin Technologies holds a total of 21.97 Million outstanding shares. Over half of Everspin Technologies' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Everspin Ownership Details

Everspin Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
151.3 K
Two Sigma Advisers, Llc2024-06-30
131.9 K
Bank Of New York Mellon Corp2024-06-30
113.7 K
Susquehanna International Group, Llp2024-06-30
109 K
Two Sigma Investments Llc2024-09-30
100.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
98.4 K
Group One Trading, Lp2024-06-30
90.1 K
Ubs Group Ag2024-06-30
89.3 K
Oppenheimer & Close Inc2024-09-30
82 K
Awm Investment Company Inc2024-09-30
2.1 M
Blackrock Inc2024-06-30
1.2 M
View Everspin Technologies Diagnostics

Everspin Technologies Historical Income Statement

At this time, Everspin Technologies' Income Before Tax is very stable compared to the past year. As of the 28th of November 2024, Total Other Income Expense Net is likely to grow to about 3.3 M, while Selling General Administrative is likely to drop about 11.6 M. View More Fundamentals

Everspin Stock Against Markets

Everspin Technologies Corporate Management

David SchrenkVice DevelopmentProfile
Aparna OkaCorporate ControllerProfile
Kerry NagelVice TechnologyProfile
Matthew TenorioInterim OfficerProfile
Anuj AggarwalChief OfficerProfile
Amit ShahVice OperationsProfile
When determining whether Everspin Technologies is a strong investment it is important to analyze Everspin Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Everspin Technologies' future performance. For an informed investment choice regarding Everspin Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.
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Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Everspin Technologies. If investors know Everspin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Everspin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
0.07
Revenue Per Share
2.516
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.04)
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.