Murata Manufacturing (OTCMKTS:MRAAY) Raised to “Hold” at Zacks Research

Murata Manufacturing (OTCMKTS:MRAAY) was upgraded by Zacks Research to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Murata Manufacturing Stock Down 3.0%

MRAAY stock opened at $14.98 on Monday. The company has a market cap of $54.78 billion, a price-to-earnings ratio of 42.80 and a beta of 0.98. The business has a fifty day simple moving average of $12.59 and a 200-day simple moving average of $11.10. Murata Manufacturing has a 52 week low of $6.64 and a 52 week high of $15.68.

Murata Manufacturing (OTCMKTS:MRAAY) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.05 EPS for the quarter. The business had revenue of $3.03 billion during the quarter. Murata Manufacturing had a return on equity of 7.42% and a net margin of 10.74%.Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. As a group, analysts expect that Murata Manufacturing will post 0.37 earnings per share for the current fiscal year.

About Murata Manufacturing

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.