Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Down – Should You Sell?

Murata Manufacturing Inc. (OTCMKTS:MRAAY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $26.03, but opened at $23.30. Murata Manufacturing shares last traded at $23.18, with a volume of 159,801 shares traded.

Analysts Set New Price Targets

A number of research firms recently weighed in on MRAAY. Zacks Research upgraded shares of Murata Manufacturing to a “hold” rating in a report on Monday, April 27th. Citigroup raised Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Murata Manufacturing Trading Down 11.6%

The firm has a market capitalization of $84.10 billion, a PE ratio of 48.94 and a beta of 1.60. The business has a 50-day moving average of $28.39 and a 200 day moving average of $19.93.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings data 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 the consensus estimate 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. On average, sell-side analysts expect that Murata Manufacturing Inc. will post 0.58 EPS for the current fiscal 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.