NASDAQ:SANM - Sanmina Stock Price, News, & Analysis

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$25.76 -0.54 (-2.05 %)
(As of 01/23/2019 05:06 AM ET)
Previous Close$26.30
Today's Range$25.54 - $26.20
52-Week Range$22.30 - $34.30
Volume316,100 shs
Average Volume394,743 shs
Market Capitalization$1.76 billion
P/E Ratio14.00
Dividend YieldN/A
Beta0.78
Sanmina Corp. engages in the provision of integrated manufacturing solutions, components, products and repair, logistics, and after-market services. It operates through the Integrated Manufacturing Solutions (IMS); and Components, Products, and Services (CPS) segments. The IMS segment consists of printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. The CPS segment includes interconnect systems and mechanical systems; radio frequency (RF), optical and microelectronic, and enterprise solutions; defense and aerospace products; cloud-based manufacturing execution software; and design, engineering, logistics, and repair services. The company was founded by Jure Sola in 1980 and is headquartered in San Jose, CA.

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Industry, Sector and Symbol

Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNASDAQ:SANM
CUSIP80105610
Phone408-964-3500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.11 billion
Cash Flow$4.1085 per share
Book Value$21.67 per share

Profitability

Net Income$-95,530,000.00

Miscellaneous

Employees47,000
Market Cap$1.76 billion
OptionableOptionable

Sanmina (NASDAQ:SANM) Frequently Asked Questions

What is Sanmina's stock symbol?

Sanmina trades on the NASDAQ under the ticker symbol "SANM."

How will Sanmina's stock buyback program work?

Sanmina announced that its board has authorized a stock buyback plan on Tuesday, September 19th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 77% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) posted its quarterly earnings results on Monday, October, 29th. The electronics maker reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.01. The electronics maker had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.85 billion. Sanmina had a negative net margin of 1.28% and a positive return on equity of 10.25%. Sanmina's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. View Sanmina's Earnings History.

When is Sanmina's next earnings date?

Sanmina is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Sanmina.

What guidance has Sanmina issued on next quarter's earnings?

Sanmina issued an update on its first quarter earnings guidance on Thursday, November, 15th. The company provided earnings per share guidance of $0.68-0.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.71. The company issued revenue guidance of $1.875-1.925 billion, compared to the consensus revenue estimate of $1.90 billion.

What price target have analysts set for SANM?

3 brokerages have issued 12-month price objectives for Sanmina's stock. Their predictions range from $35.00 to $40.00. On average, they expect Sanmina's share price to reach $37.3333 in the next year. This suggests a possible upside of 44.9% from the stock's current price. View Analyst Price Targets for Sanmina.

What is the consensus analysts' recommendation for Sanmina?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sanmina.

Has Sanmina been receiving favorable news coverage?

Headlines about SANM stock have trended somewhat positive this week, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Sanmina earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the electronics maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Who are some of Sanmina's key competitors?

Who are Sanmina's key executives?

Sanmina's management team includes the folowing people:
  • Michael Joseph Clarke, Chief Executive Officer & Director
  • David R. Anderson, Chief Financial Officer & Executive Vice President
  • Manesh Patel, Chief Information Officer & Senior Vice President
  • Michael Landy, COO-Integrated Manufacturing Solutions & EVP
  • Charlie Mason, Senior Vice President-Medical Division

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a number of of retail and institutional investors. Top institutional investors include Skyline Asset Management LP (0.81%), Peregrine Capital Management LLC (0.46%), Personal Capital Advisors Corp (0.17%), Bank of Montreal Can (0.10%), Louisiana State Employees Retirement System (0.04%) and Alpha Windward LLC (0.03%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Jackie M Ward, John Goldsberry, Joseph G Licata Jr, Jure Sola, Neil R Bonke, Robert K Eulau and Wayne Shortridge. View Institutional Ownership Trends for Sanmina.

Which major investors are selling Sanmina stock?

SANM stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Personal Capital Advisors Corp and Louisiana State Employees Retirement System. Company insiders that have sold Sanmina company stock in the last year include David Robert Anderson, Joseph G Licata Jr and Wayne Shortridge. View Insider Buying and Selling for Sanmina.

Which major investors are buying Sanmina stock?

SANM stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Bank of Montreal Can and Alpha Windward LLC. View Insider Buying and Selling for Sanmina.

How do I buy shares of Sanmina?

Shares of SANM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $25.76.

How big of a company is Sanmina?

Sanmina has a market capitalization of $1.76 billion and generates $7.11 billion in revenue each year. The electronics maker earns $-95,530,000.00 in net income (profit) each year or $1.84 on an earnings per share basis. Sanmina employs 47,000 workers across the globe.

What is Sanmina's official website?

The official website for Sanmina is http://www.sanmina.com.

How can I contact Sanmina?

Sanmina's mailing address is 2700 NORTH FIRST STREET, SAN JOSE CA, 95134. The electronics maker can be reached via phone at 408-964-3500 or via email at [email protected]


MarketBeat Community Rating for Sanmina (NASDAQ SANM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  330 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  648
MarketBeat's community ratings are surveys of what our community members think about Sanmina and other stocks. Vote "Outperform" if you believe SANM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SANM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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