Murata Manufacturing Inc. (OTCMKTS:MRAAY – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $29.19 and traded as low as $22.94. Murata Manufacturing shares last traded at $23.26, with a volume of 477,789 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms have commented on MRAAY. Citigroup upgraded shares of Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Zacks Research raised shares of Murata Manufacturing to a “hold” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.
Check Out Our Latest Analysis on MRAAY
Murata Manufacturing Stock Performance
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $3.15 billion during 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 9.94%. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. Sell-side analysts anticipate that Murata Manufacturing Inc. will post 0.58 EPS for the current year.
About Murata Manufacturing
Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.
The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.
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