Murata Manufacturing Inc. (OTCMKTS:MRAAY – Get Free Report) shares gapped down before the market opened on Friday. The stock had previously closed at $27.15, but opened at $25.1421. Murata Manufacturing shares last traded at $25.10, with a volume of 32,517 shares traded.
Wall Street Analyst Weigh In
MRAAY has been the topic of a number of analyst reports. Citigroup upgraded Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Sanford C. Bernstein assumed coverage on Murata Manufacturing in a research note on Tuesday, September 15th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.
View Our Latest Analysis on MRAAY
Murata Manufacturing Price Performance
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $3.15 billion for the quarter, compared to analyst estimates of $2.97 billion. Murata Manufacturing had a net margin of 13.86% and a return on equity of 9.84%. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. On average, equities research analysts expect that Murata Manufacturing Inc. will post 0.69 EPS for the current fiscal year.
Murata Manufacturing Company Profile
Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and materials. The company develops and produces components used in smartphones, communications equipment, automobiles, computers, industrial systems, healthcare devices and other electronic products.
Its product portfolio includes multilayer ceramic capacitors, inductors, filters, resonators, sensors, timing devices, power-related components, batteries and wireless connectivity modules. Murata also provides component-related technologies and modules designed for applications such as radio-frequency communications, automotive electronics, Internet of Things devices and energy management.
Founded in Kyoto in 1944, Murata has expanded into a global business serving customers through manufacturing, research and development, sales and distribution operations across Japan, the Americas, Europe and Asia.
See Also
- Five stocks we like better than Murata Manufacturing
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
- Microsoft Is Almost Back to $555—Now the Hard Part Begins
- Marvell Says Connecting AI Chips Could Be a $37 Billion Business—These 2 Stocks Rallied Too
Receive News & Ratings for Murata Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murata Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.
