Sanmina (NASDAQ:SANM) Posts Earnings Results, Beats Expectations By $0.11 EPS

Key Points

• Sanmina reported an earnings per share (EPS) of $1.30 for the quarter, missing the consensus estimate of $1.42 by $0.12.
• The company's return on equity was 10.84% with a net margin of 3.09%, reflecting its operational efficiency.
• Despite the earnings miss, several brokerages upgraded Sanmina's rating, with Bank of America increasing its price target from $100 to $120.

Sanmina (NASDAQ:SANM - Get Free Report) released its quarterly earnings data on Monday. The electronics maker reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.11, RTT News reports. Sanmina had a return on equity of 11.30% and a net margin of 3.22%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the prior year, the company earned $1.25 earnings per share. The business's revenue for the quarter was up 10.9% compared to the same quarter last year. Sanmina updated its Q4 2025 guidance to 1.520-1.620 EPS.

Sanmina Stock Performance

Shares of Sanmina stock traded down $3.27 on Friday, hitting $112.77. The stock had a trading volume of 120,182 shares, compared to its average volume of 482,492. The stock has a market cap of $6.01 billion, a price-to-earnings ratio of 24.15, a price-to-earnings-growth ratio of 1.78 and a beta of 1.17. The business's 50 day moving average is $95.74 and its two-hundred day moving average is $85.59. The company has a quick ratio of 1.22, a current ratio of 1.91 and a debt-to-equity ratio of 0.12. Sanmina has a twelve month low of $61.52 and a twelve month high of $121.70.

Wall Street Analysts Forecast Growth

SANM has been the topic of a number of recent analyst reports. Bank of America boosted their target price on Sanmina from $100.00 to $120.00 and gave the stock a "neutral" rating in a report on Friday, July 11th. Wall Street Zen upgraded shares of Sanmina from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th.

Institutional Investors Weigh In On Sanmina

A number of hedge funds and other institutional investors have recently modified their holdings of the company. United Services Automobile Association bought a new position in Sanmina during the first quarter worth about $256,000. Amundi acquired a new position in shares of Sanmina in the 1st quarter valued at approximately $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Sanmina by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker's stock worth $2,435,000 after acquiring an additional 1,387 shares during the period. Jane Street Group LLC boosted its position in shares of Sanmina by 572.5% during the 1st quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker's stock worth $6,083,000 after acquiring an additional 67,973 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Sanmina by 10.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker's stock valued at $9,621,000 after acquiring an additional 12,061 shares during the last quarter. Institutional investors and hedge funds own 92.71% of the company's stock.

About Sanmina

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.