Everspin Technologies (NASDAQ:MRAM – Get Rating) will be announcing its earnings results after the market closes on Wednesday, May 11th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Everspin Technologies has set its Q1 2022 guidance at $-0.030-$0.000 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Everspin Technologies (NASDAQ:MRAM – Get Rating) last posted its quarterly earnings results on Wednesday, March 2nd. The business services provider reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.14. Everspin Technologies had a return on equity of 20.18% and a net margin of 7.88%. The firm had revenue of $18.22 million for the quarter. During the same period last year, the firm earned ($0.08) EPS.
NASDAQ:MRAM opened at $7.19 on Wednesday. The stock has a market capitalization of $143.44 million, a PE ratio of 32.68 and a beta of 1.26. Everspin Technologies has a 1-year low of $4.78 and a 1-year high of $14.36. The firm has a fifty day simple moving average of $8.35 and a 200 day simple moving average of $9.31. The company has a current ratio of 3.56, a quick ratio of 2.94 and a debt-to-equity ratio of 0.06.
A number of research analysts have recently commented on the stock. Needham & Company LLC lifted their price objective on shares of Everspin Technologies from $12.00 to $13.00 and gave the company a “strong-buy” rating in a research report on Thursday, March 3rd. StockNews.com began coverage on Everspin Technologies in a report on Thursday, March 31st. They set a “buy” rating for the company.
About Everspin Technologies (Get Rating)
Everspin Technologies, Inc manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for embedded MRAM.
- Get a free copy of the StockNews.com research report on Everspin Technologies (MRAM)
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