Murata Manufacturing Shares Rally 9.6% on Strong Electronics Demand

Price Action
โดย Zacks Investment Research·Read original
Summary · why it matters

Murata Manufacturing shares surged 9.6% in the last trading session to close at $36.08, driven by robust demand for electronic components from AI servers and peripheral equipment. The rally was accompanied by higher-than-usual trading volume and extends the stock's gain over the past four weeks to 69.9%. The company is expected to report quarterly earnings of $0.12 per share, a 33.3% year-over-year increase, on revenues of $2.9 billion, up 0.8%. Consensus EPS estimates for the quarter have been revised 9.1% higher over the last 30 days, and the stock currently carries a Zacks Rank #3, or Hold.

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