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

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$29.46 -1.37 (-4.44 %)
(As of 03/24/2019 01:24 AM ET)
Previous Close$29.46
Today's Range$29.46 - $30.85
52-Week Range$22.30 - $34.30
Volume264,294 shs
Average Volume348,061 shs
Market Capitalization$2.02 billion
P/E Ratio16.01
Dividend YieldN/A
Beta1.07
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two segments, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, radio frequency, optical, and microelectronic solutions; defense and aerospace products; storage solutions; and cloud-based manufacturing execution software. The company offers its products and services to companies that serve the communications networks, computing and data storage, industrial, defense and aerospace, medical, automotive, energy, and other industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

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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$4.0082 per share
Book Value$21.67 per share

Profitability

Net Income$-95,530,000.00

Miscellaneous

Employees47,000
Market Cap$2.02 billion
Next Earnings Date4/22/2019 (Estimated)
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 declared that its board has approved a stock repurchase plan on Tuesday, September 19th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 77% of its shares through open market purchases. Shares repurchase plans are usually 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 data on Monday, January, 28th. The electronics maker reported $0.83 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.12. The electronics maker had revenue of $2.19 billion for the quarter, compared to analyst estimates of $1.90 billion. Sanmina had a net margin of 1.35% and a return on equity of 11.86%. The company's quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 EPS. View Sanmina's Earnings History.

When is Sanmina's next earnings date?

Sanmina is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Sanmina.

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

Sanmina updated its second quarter earnings guidance on Monday, January, 28th. The company provided earnings per share guidance of $0.70-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.66. The company issued revenue guidance of $1.9-2.0 billion, compared to the consensus revenue estimate of $1.82 billion.Sanmina also updated its Q2 2019 guidance to $0.70-0.80 EPS.

What price target have analysts set for SANM?

3 Wall Street analysts have issued 12 month price targets for Sanmina's stock. Their predictions range from $33.00 to $40.00. On average, they anticipate Sanmina's share price to reach $36.00 in the next year. This suggests a possible upside of 22.2% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sanmina.

Has Sanmina been receiving favorable news coverage?

News coverage about SANM stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sanmina earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Sanmina's key competitors?

What other stocks do shareholders of Sanmina own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanmina investors own include Southwest Airlines (LUV), Twitter (TWTR), Micron Technology (MU), NVIDIA (NVDA), Square (SQ), TiVo (TIVO), Advanced Micro Devices (AMD), Vipshop (VIPS), Valero Energy (VLO) and Netflix (NFLX).

Who are Sanmina's key executives?

Sanmina's management team includes the folowing people:
  • Mr. Jure Sola, Co-Founder & Exec. Chairman (Age 68)
  • Mr. Michael J. Clarke, CEO & Director (Age 64)
  • Mr. David Robert Anderson, Exec. VP & CFO (Age 58)
  • Mr. Alan McWilliams Reid, Exec. VP of Global HR (Age 56)
  • Mr. Gerard W. Fay, Consultant (Age 60)

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.68%), Dimensional Fund Advisors LP (8.39%), LSV Asset Management (5.29%), Diamond Hill Capital Management Inc. (4.49%), Donald Smith & CO. Inc. (2.10%) and Norges Bank (1.50%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry, Joseph G Licata Jr, Jure Sola, Robert K Eulau and Wayne Shortridge. View Institutional Ownership Trends for Sanmina.

Which institutional investors are selling Sanmina stock?

SANM stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Royce & Associates LP, Mackay Shields LLC, Bank of America Corp DE, KBC Group NV, Dimensional Fund Advisors LP, Skyline Asset Management LP and Virginia Retirement Systems ET AL. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry, Jure Sola and Wayne Shortridge. View Insider Buying and Selling for Sanmina.

Which institutional investors are buying Sanmina stock?

SANM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Rothschild & Co. Asset Management US Inc., D. E. Shaw & Co. Inc., BlackRock Inc., Diamond Hill Capital Management Inc., Brandywine Global Investment Management LLC and Prudential Financial Inc.. 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 $29.46.

How big of a company is Sanmina?

Sanmina has a market capitalization of $2.02 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:  341 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  672
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 3/24/2019 by MarketBeat.com Staff

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