NASDAQ:SANMSanmina Stock Price, Forecast & News

$25.38

+1.72 (+7.27 %)

(As of 04/6/2020 10:55 AM ET)

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Today's Range

$24.64

Now: $25.38▼

$25.47

50-Day Range

$18.74

MA: $25.84▼

$31.55

52-Week Range

$18.34

Now: $25.38▼

$34.96

Volume8,072 shs

Average Volume774,321 shs

Market Capitalization$1.79 billion

P/E Ratio12.88

Dividend YieldN/A

Beta1.1

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.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Sanmina has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.00, Sanmina has a potential upside of 37.9% from its current price of $25.38.
Amount of Analyst Coverage
Sanmina has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Sanmina has received 405 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sanmina has received 404 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sanmina has received 50.06% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Sanmina does not currently pay a dividend.
Dividend Growth
Sanmina does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sanmina insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.73% of the stock of Sanmina is held by insiders.
Percentage Held by Institutions
94.72% of the stock of Sanmina is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Sanmina are expected to grow by 23.81% in the coming year, from $2.94 to $3.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sanmina is 12.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sanmina is 12.88, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 31.68.
Price to Earnings Growth Ratio
Sanmina has a PEG Ratio of 0.67. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Sanmina has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.93 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Printed circuit boards

Sub-IndustryElectronic Manufacturing Services

SectorComputer and Technology

Current SymbolNASDAQ:SANM

Previous Symbol

CUSIP80105610

CIK897723

Webhttp://www.sanmina.com/

Phone408-964-3500

Debt

Debt-to-Equity Ratio0.20

Current Ratio1.83

Quick Ratio1.28

Price-To-Earnings

Trailing P/E Ratio12.88

Forward P/E Ratio8.63

P/E Growth0.67

Sales & Book Value

Annual Sales$8.23 billion

Price / Sales0.22

Cash Flow$5.19 per share

Price / Cash Flow4.89

Book Value$23.60 per share

Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)$3.06

Net Income$141.51 million

Net Margins1.80%

Return on Equity13.53%

Return on Assets5.53%

Miscellaneous

Employees43,000

Outstanding Shares70,640,000

Market Cap$1.79 billion

Next Earnings Date5/4/2020 (Estimated)

OptionableOptionable

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Sanmina (NASDAQ:SANM) Frequently Asked Questions

How has Sanmina's stock been impacted by COVID-19 (Coronavirus)?

Sanmina's stock was trading at $23.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SANM stock has increased by 6.5% and is now trading at $25.38. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sanmina?

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

When is Sanmina's next earnings date?

Sanmina is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Sanmina.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) released its earnings results on Monday, January, 27th. The electronics maker reported $0.79 EPS for the quarter, topping the consensus estimate of $0.55 by $0.24. The electronics maker had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.78 billion. Sanmina had a net margin of 1.80% and a return on equity of 13.53%. The company's revenue for the quarter was down 15.9% on a year-over-year basis. During the same period last year, the company earned $0.83 EPS. View Sanmina's earnings history.

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

Sanmina updated its second quarter earnings guidance on Monday, January, 27th. The company provided earnings per share guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.72. The company issued revenue guidance of $1.70-1.80 billion, compared to the consensus revenue estimate of $1.79 billion.

What price target have analysts set for SANM?

1 brokerages have issued 12-month target prices for Sanmina's stock. Their forecasts range from $35.00 to $35.00. On average, they anticipate Sanmina's stock price to reach $35.00 in the next year. This suggests a possible upside of 37.9% from the stock's current price. View analysts' price targets for Sanmina.

Has Sanmina been receiving favorable news coverage?

Headlines about SANM stock have been trending very negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sanmina earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories 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 company's share price in the near term. View the latest news aboutSanmina.

Are investors shorting Sanmina?

Sanmina saw a increase in short interest in March. As of March 13th, there was short interest totaling 1,653,400 shares, an increase of 8.8% from the February 27th total of 1,520,000 shares. Based on an average daily volume of 475,300 shares, the short-interest ratio is presently 3.5 days. Approximately 2.4% of the shares of the company are sold short. View Sanmina's Current Options Chain.

Who are some of Sanmina's key competitors?

Some companies that are related to Sanmina include Trimble (TRMB), IPG Photonics (IPGP), Mercury Systems (MRCY), Jabil (JBL), Fabrinet (FN), Plexus (PLXS), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), CTS (CTS), Benchmark Electronics (BHE), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

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), Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), Mastercard (MA), Square (SQ), Visa (V), Vipshop (VIPS) and Verizon Communications (VZ).

Who are Sanmina's key executives?

Sanmina's management team includes the following 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)

What is Sanmina's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $25.38.

How big of a company is Sanmina?

Sanmina has a market capitalization of $1.79 billion and generates $8.23 billion in revenue each year. The electronics maker earns $141.51 million in net income (profit) each year or $3.06 on an earnings per share basis. Sanmina employs 43,000 workers across the globe. View additional information about Sanmina.

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]

This page was last updated on 4/6/2020 by MarketBeat.com Staff

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NASDAQ:SANMSanmina Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.0 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.5 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment