Murata Manufacturing (OTCMKTS:MRAAY) Hits New 1-Year High - What's Next?

Key Points

• Murata Manufacturing shares hit a new 52‑week high, trading as high as $17.29 (last $17.185) on Wednesday with roughly 76,039 shares changing hands and the stock up about 3.3%.
• The company beat quarterly estimates with EPS of $0.13 vs. $0.10 expected and revenue of $2.94 billion vs. $2.91 billion, showing a 12.8% net margin; analysts expect full‑year EPS of about 0.51.
• Analyst coverage is cautious—Zacks moved the stock to a Hold and the consensus rating is Hold—while valuation metrics show a market cap of $62.73 billion and a P/E of ~40.85, with the 50‑ and 200‑day SMAs ($12.85 and $11.25) well below the current price.

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $17.29 and last traded at $17.1850, with a volume of 76039 shares traded. The stock had previously closed at $16.61.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Murata Manufacturing to a "hold" rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Murata Manufacturing Trading Up 3.3%

The business has a 50-day simple moving average of $12.85 and a 200 day simple moving average of $11.25. The stock has a market cap of $62.73 billion, a P/E ratio of 40.85 and a beta of 1.32.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. Murata Manufacturing had a return on equity of 8.97% and a net margin of 12.80%.The firm had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.91 billion. As a group, equities analysts expect that Murata Manufacturing Inc. will post 0.51 earnings per share for the current year.

Murata Manufacturing Company Profile

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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