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

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$26.18 +0.57 (+2.23 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$26.18
Today's Range$24.4750 - $26.32
52-Week Range$22.62 - $35.65
Volume485,796 shs
Average Volume497,402 shs
Market Capitalization$1.78 billion
P/E Ratio14.23
Dividend YieldN/A
Beta0.71
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company offers product design and engineering solutions, 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. Sanmina Corporation offers its solutions primarily to original equipment manufacturers in the communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy, and automotive 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

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

Debt

Debt-to-Equity Ratio0.01
Current Ratio1.26
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio14.23
Forward P/E Ratio9.49
P/E Growth0.79

Sales & Book Value

Annual Sales$7.11 billion
Price / Sales0.25
Cash Flow$2.4862 per share
Price / Cash10.53
Book Value$21.74 per share
Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)$1.84
Net Income$-90,930,000.00
Net Margins-1.28%
Return on Equity10.24%
Return on Assets3.91%

Miscellaneous

Employees47,000
Outstanding Shares67,960,000
Market Cap$1.78 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 of Directors has approved a share 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 repurchase up to 77% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) announced its quarterly earnings data on Monday, October, 29th. The electronics maker reported $0.67 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.01. The electronics maker earned $1.88 billion during the quarter, compared to the consensus estimate of $1.85 billion. Sanmina had a positive return on equity of 10.24% and a negative net margin of 1.28%. Sanmina's quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 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, 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 EPS 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?

4 Wall Street analysts have issued 12 month target prices for Sanmina's stock. Their forecasts range from $31.00 to $40.00. On average, they expect Sanmina's stock price to reach $35.75 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for Sanmina.

What is the consensus analysts' recommendation for Sanmina?

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

Has Sanmina been receiving favorable news coverage?

News stories about SANM stock have trended very positive on Sunday, InfoTrie reports. 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 public companies on a scale of negative five to five, with scores closest to five being the most favorable. Sanmina earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave news coverage about the electronics maker a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock'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:
  • Mr. Jure Sola, Co-Founder & Exec. Chairman (Age 67)
  • Mr. Michael J. Clarke, CEO & Director (Age 63)
  • Mr. Dennis R. Young, Exec. VP of Worldwide Sales & Marketing (Age 67)
  • Mr. Alan McWilliams Reid, Exec. VP of Global HR (Age 55)
  • Mr. Gerard W. Fay, Consultant (Age 59)

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.34%), Dimensional Fund Advisors LP (8.52%), LSV Asset Management (5.36%), Earnest Partners LLC (4.43%), Alliancebernstein L.P. (4.21%) and Diamond Hill Capital Management Inc. (4.16%). 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 institutional investors are selling Sanmina stock?

SANM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Dimensional Fund Advisors LP, Royce & Associates LP, GSA Capital Partners LLP, ClariVest Asset Management LLC and Nordea Investment Management AB. Company insiders that have sold Sanmina company stock in the last year include Joseph G Licata Jr and Wayne Shortridge. View Insider Buying and Selling for Sanmina.

Which institutional investors are buying Sanmina stock?

SANM stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Diamond Hill Capital Management Inc., BlackRock Inc., Victory Capital Management Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd., Piermont Capital Management Inc. and DekaBank Deutsche Girozentrale. 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 $26.18.

How big of a company is Sanmina?

Sanmina has a market capitalization of $1.78 billion and generates $7.11 billion in revenue each year. The electronics maker earns $-90,930,000.00 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:  2.6 out of 5 (star star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  643
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 11/18/2018 by MarketBeat.com Staff

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