Murata Manufacturing Inc. (OTCMKTS:MRAAY) Stock Short Interest Report for September

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 697,955 shares, a growth of 193.9% from the September 15th total of 237,465 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,671,698 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MRAAY shares. Sanford C. Bernstein initiated coverage on Murata Manufacturing in a research report on Tuesday, September 15th. They issued an “outperform” rating for the company. Citigroup upgraded shares of Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Murata Manufacturing presently has a consensus rating of “Buy”.

Murata Manufacturing Trading Down 2.0%

Shares of Murata Manufacturing stock opened at $24.14 on Wednesday. The stock has a market capitalization of $88.27 billion, a price-to-earnings ratio of 52.40 and a beta of 1.66. Murata Manufacturing has a twelve month low of $8.92 and a twelve month high of $38.72. The business’s 50 day simple moving average is $24.27 and its 200-day simple moving average is $23.62.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Murata Manufacturing had a return on equity of 9.84% and a net margin of 13.86%. 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. Sell-side analysts predict that Murata Manufacturing will post 0.69 earnings per share for the current year.

About Murata Manufacturing

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.