Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Up – Still a Buy?

by · The Markets Daily

Murata Manufacturing Inc. (OTCMKTS:MRAAY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $22.88, but opened at $23.75. Murata Manufacturing shares last traded at $23.79, with a volume of 36,197 shares trading hands.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Murata Manufacturing presently has an average rating of “Buy”.

Check Out Our Latest Research Report on Murata Manufacturing

Murata Manufacturing Stock Performance

The firm has a market cap of $87.36 billion, a PE ratio of 50.83 and a beta of 1.60. The stock’s 50 day simple moving average is $24.67 and its 200 day simple moving average is $21.36.

Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last announced its earnings results on Friday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. Murata Manufacturing had a net margin of 13.86% and a return on equity of 9.84%. The company had revenue of $3.15 billion during the quarter, compared to analyst estimates of $2.97 billion. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. As a group, analysts anticipate that Murata Manufacturing Inc. will post 0.58 earnings per share for the current year.

Murata Manufacturing Company Profile

(Get Free Report)

Murata Manufacturing Co, Ltd. is a Japan-based electronics component manufacturer headquartered in Kyoto. The company develops and produces components and solutions used in smartphones, computers, automobiles, industrial equipment, healthcare devices and other electronic products.

Its product portfolio includes multilayer ceramic capacitors, inductors, filters, timing devices, sensors, radio-frequency components, communication modules and power-related products. Murata also provides batteries and electronic modules designed for applications such as wireless connectivity, automotive systems and factory automation.

Founded in 1944 by Akira Murata and incorporated as Murata Manufacturing Co, Ltd.

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