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

Key Points

• Short interest surged 193.9% in September to 697,955 shares, up from 237,465 shares on September 15. Despite the increase, short interest represented approximately 0.0% of outstanding shares, with a 0.4-day short-interest ratio.
• Analyst sentiment is favorable: Sanford C. Bernstein initiated coverage with an “outperform” rating, while Citigroup previously upgraded the stock to “strong-buy.” The consensus rating is currently Buy.
• Murata exceeded quarterly expectations, reporting $0.14 EPS versus the $0.12 estimate and revenue of $3.15 billion versus the $2.97 billion consensus. Shares opened at $25.10, above their 50-day and 200-day moving averages.

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) saw a significant growth in short interest in 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. Based on an average daily volume of 1,671,698 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

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

Murata Manufacturing Price Performance

Shares of Murata Manufacturing stock opened at $25.10 on Monday. The business has a fifty day simple moving average of $24.22 and a 200 day simple moving average of $23.44. The stock has a market cap of $91.78 billion, a PE ratio of 53.41 and a beta of 1.66. Murata Manufacturing has a 12 month low of $8.85 and a 12 month high of $38.72.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last issued its 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. The firm 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. Analysts expect that Murata Manufacturing 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.

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