Sidoti Csr Issues Pessimistic Forecast for Sanmina Earnings

Sanmina Co. (NASDAQ:SANM - Free Report) - Equities research analysts at Sidoti Csr decreased their FY2025 EPS estimates for shares of Sanmina in a research note issued on Tuesday, April 29th. Sidoti Csr analyst A. Soderstrom now expects that the electronics maker will earn $4.97 per share for the year, down from their previous estimate of $5.15. The consensus estimate for Sanmina's current full-year earnings is $5.15 per share. Sidoti Csr also issued estimates for Sanmina's Q4 2025 earnings at $1.39 EPS, Q1 2026 earnings at $1.47 EPS, Q2 2026 earnings at $1.44 EPS and Q3 2026 earnings at $1.64 EPS.

Sanmina (NASDAQ:SANM - Get Free Report) last posted its earnings results on Monday, April 28th. The electronics maker reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.03. The company had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.97 billion. Sanmina had a net margin of 2.99% and a return on equity of 10.61%. Sanmina's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 earnings per share.

A number of other equities analysts have also issued reports on SANM. Bank of America upgraded shares of Sanmina from an "underperform" rating to a "neutral" rating and upped their target price for the stock from $58.00 to $92.00 in a research report on Wednesday, January 29th. StockNews.com downgraded shares of Sanmina from a "strong-buy" rating to a "buy" rating in a research report on Thursday, February 6th.

Sanmina Price Performance

SANM traded down $1.37 during trading on Friday, hitting $78.86. The company's stock had a trading volume of 317,145 shares, compared to its average volume of 390,839. The firm's 50 day moving average price is $76.49 and its two-hundred day moving average price is $78.49. The company has a quick ratio of 1.30, a current ratio of 2.06 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 1.29 and a beta of 1.10. Sanmina has a 12 month low of $61.52 and a 12 month high of $91.12.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SANM. Barclays PLC grew its stake in shares of Sanmina by 296.3% in the third quarter. Barclays PLC now owns 92,863 shares of the electronics maker's stock valued at $6,358,000 after buying an additional 69,431 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Sanmina during the 3rd quarter worth about $311,000. World Investment Advisors LLC bought a new stake in shares of Sanmina in the 3rd quarter valued at about $1,457,000. Wilmington Savings Fund Society FSB bought a new position in Sanmina during the third quarter worth about $32,000. Finally, Tidal Investments LLC acquired a new position in Sanmina during the third quarter worth approximately $266,000. 92.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Mario M. Rosati sold 11,391 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $86.02, for a total transaction of $979,853.82. Following the completion of the transaction, the director now owns 80,295 shares in the company, valued at approximately $6,906,975.90. This represents a 12.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Eugene A. Delaney sold 11,712 shares of Sanmina stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $84.02, for a total transaction of $984,042.24. Following the completion of the sale, the director now owns 65,408 shares in the company, valued at $5,495,580.16. The trade was a 15.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,405 shares of company stock worth $1,986,682 over the last ninety days. Company insiders own 3.22% of the company's stock.

Sanmina declared that its Board of Directors has approved a stock buyback program on Monday, January 27th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the electronics maker to repurchase up to 7.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Sanmina Company Profile

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.