Murata Manufacturing (OTCMKTS:MRAAY) Sees Large Volume Increase – Still a Buy?

Murata Manufacturing Inc. (OTCMKTS:MRAAY) saw unusually-high trading volume on Thursday. Approximately 584,320 shares traded hands during trading, a decline of 3% from the previous session’s volume of 602,378 shares. The stock last traded at $24.5685 and had previously closed at $25.10.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MRAAY shares. Sanford C. Bernstein started coverage on shares of 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 research 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Murata Manufacturing Trading Up 4.1%

The company has a market cap of $94.16 billion, a PE ratio of 54.79 and a beta of 1.60. The stock has a 50 day moving average price of $23.65 and a 200 day moving average price of $22.32.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $2.97 billion. Murata Manufacturing had a return on equity of 9.84% and a net margin of 13.86%.Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. Equities 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 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.