Everspin Technologies Stock Buy Hold or Sell Recommendation

MRAM Stock  USD 6.36  0.28  4.61%   
Given the investment horizon of 90 days and your bold attitude towards risk, our recommendation regarding Everspin Technologies is 'Sell'. The recommendation algorithm takes into account all of Everspin Technologies' available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Everspin Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.
Note, we conduct extensive research on individual companies such as Everspin and provide practical buy, sell, or hold advice based on investors' constraints. 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.

Execute Everspin Technologies Buy or Sell Advice

The Everspin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Everspin Technologies. Macroaxis does not own or have any residual interests in Everspin Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Everspin Technologies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Everspin TechnologiesBuy Everspin Technologies
Sell

Market Performance

InsignificantDetails

Volatility

Somewhat reliableDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Everspin Technologies has a Mean Deviation of 1.91, Semi Deviation of 2.67, Standard Deviation of 2.77, Variance of 7.65, Downside Variance of 9.33 and Semi Variance of 7.14
We provide trade advice to complement the prevailing expert consensus on Everspin Technologies. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Everspin Technologies is not overpriced, please confirm all Everspin Technologies fundamentals, including its net income, short ratio, and the relationship between the price to sales and debt to equity . Given that Everspin Technologies has a price to earning of 12.89 X, we urge you to verify Everspin Technologies market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Everspin Technologies Trading Alerts and Improvement Suggestions

Everspin Technologies is unlikely to experience financial distress in the next 2 years
Everspin Technologies has a strong financial position based on the latest SEC filings
About 60.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: StockNews.com Downgrades Everspin Technologies to Hold - MarketBeat

Everspin Technologies Returns Distribution Density

The distribution of Everspin Technologies' historical returns is an attempt to chart the uncertainty of Everspin Technologies' future price movements. The chart of the probability distribution of Everspin Technologies daily returns describes the distribution of returns around its average expected value. We use Everspin Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Everspin Technologies returns is essential to provide solid investment advice for Everspin Technologies.
Mean Return
0.20
Value At Risk
-5.02
Potential Upside
5.45
Standard Deviation
2.77
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Everspin Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Everspin Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument, such as Everspin Technologies, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Everspin Technologies back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
Shares
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
Note, although Everspin Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Everspin Technologies Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory1.2M2.1M(675K)(287K)(1.7M)(1.6M)
Change In Cash(8.9M)112K6.8M5.4M10.2M10.7M
Net Borrowings(4.9M)(9K)(3.4M)(2.4M)(2.2M)(2.1M)
Free Cash Flow(9.0M)(3.2M)8.3M6.7M11.7M12.3M
Depreciation1.7M2.0M1.5M982K1.2M1.5M
Other Non Cash Items290K323K319K(85K)156K255.0K
Capital Expenditures861K320K1.0M2.8M1.4M1.6M
Net Income(14.7M)(8.5M)4.3M6.1M9.1M9.5M
End Period Cash Flow14.5M14.6M21.4M26.8M36.9M21.1M
Change To Netincome3.6M4.0M3.6M4.2M4.9M3.4M
Investments(861K)(320K)(1.0M)(2.6M)(2.5M)(2.7M)
Change Receivables1.7M(1.8M)(586K)(2.5M)(2.2M)(2.1M)

Everspin Technologies Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Everspin Technologies or Semiconductors & Semiconductor Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Everspin Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Everspin stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones1.48
σ
Overall volatility
2.84
Ir
Information ratio 0.03

Everspin Technologies Volatility Alert

Everspin Technologies shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Everspin Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Everspin Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Everspin Technologies Fundamentals Vs Peers

Comparing Everspin Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Everspin Technologies' direct or indirect competition across all of the common fundamentals between Everspin Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Everspin Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Everspin Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Everspin Technologies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Everspin Technologies to competition
FundamentalsEverspin TechnologiesPeer Average
Return On Equity0.028-0.31
Return On Asset-0.0364-0.14
Profit Margin0.03 %(1.27) %
Operating Margin(0.17) %(5.51) %
Current Valuation105.11 M16.62 B
Shares Outstanding21.97 M571.82 M
Shares Owned By Insiders4.30 %10.09 %
Shares Owned By Institutions60.40 %39.21 %
Number Of Shares Shorted798.1 K4.71 M
Price To Earning12.89 X28.72 X
Price To Book2.36 X9.51 X
Price To Sales2.59 X11.42 X
Revenue63.77 M9.43 B
Gross Profit33.95 M27.38 B
EBITDA7.09 M3.9 B
Net Income9.05 M570.98 M
Cash And Equivalents23.44 M2.7 B
Cash Per Share1.15 X5.01 X
Total Debt5.58 M5.32 B
Debt To Equity0.28 %48.70 %
Current Ratio4.03 X2.16 X
Book Value Per Share2.71 X1.93 K
Cash Flow From Operations13.13 M971.22 M
Short Ratio8.96 X4.00 X
Earnings Per Share0.07 X3.12 X
Price To Earnings To Growth(0.60) X4.89 X
Target Price9.0
Number Of Employees8218.84 K
Beta0.9-0.15
Market Capitalization139.74 M19.03 B
Total Asset67.3 M29.47 B
Retained Earnings(137.65 M)9.33 B
Working Capital49.1 M1.48 B
Note: Acquisition by Finch Lawrence G of 2303 shares of Everspin Technologies subject to Rule 16b-3 [view details]

Everspin Technologies Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Everspin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Everspin Technologies Buy or Sell Advice

When is the right time to buy or sell Everspin Technologies? Buying financial instruments such as Everspin Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Everspin Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Long Short Funds
Long Short Funds Theme
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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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 Everspin Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.