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

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$29.52 +0.06 (+0.20 %)
(As of 05/22/2019 06:36 AM ET)
Previous Close$29.46
Today's Range$29.49 - $29.97
52-Week Range$22.30 - $34.71
Volume357,680 shs
Average Volume462,051 shs
Market Capitalization$2.04 billion
P/E Ratio16.04
Dividend YieldN/A
Beta1.12
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$4.1636 per share
Book Value$22.91 per share

Profitability

Net Income$-95,530,000.00

Miscellaneous

Employees47,000
Market Cap$2.04 billion
Next Earnings Date7/29/2019 (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 of Directors has initiated a share buyback plan on Tuesday, September 19th 2017, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 77% of its stock through open market purchases. Stock buyback 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 earnings results on Monday, April, 29th. The electronics maker reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.17. The electronics maker earned $2.13 billion during the quarter, compared to the consensus estimate of $1.97 billion. Sanmina had a return on equity of 13.48% and a net margin of 1.48%. Sanmina's revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 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, July 29th 2019. View Earnings Estimates for Sanmina.

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

Sanmina issued an update on its third quarter earnings guidance on Monday, April, 29th. The company provided earnings per share guidance of $0.77-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.74. The company issued revenue guidance of $1.925-2.025 billion, compared to the consensus revenue estimate of $1.94 billion.Sanmina also updated its Q3 2019 guidance to $0.72-0.82 EPS.

What price target have analysts set for SANM?

2 analysts have issued 1-year price targets for Sanmina's stock. Their predictions range from $33.00 to $35.00. On average, they expect Sanmina's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Sanmina.

What is the consensus analysts' recommendation for Sanmina?

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

Has Sanmina been receiving favorable news coverage?

News stories about SANM stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news 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 news impact score of 1.4 on InfoTrie's scale. They also gave news stories about the electronics maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

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), Intel (INTC), JD.Com (JD), Microvision (MVIS), Netflix (NFLX), NVIDIA (NVDA), TiVo (TIVO) and Tesla (TSLA).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.33%), Dimensional Fund Advisors LP (8.33%), LSV Asset Management (5.12%), Diamond Hill Capital Management Inc. (4.21%), Donald Smith & CO. Inc. (1.75%) and JPMorgan Chase & Co. (1.46%). 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 major investors are selling Sanmina stock?

SANM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Donald Smith & CO. Inc., Kennedy Capital Management Inc., Diamond Hill Capital Management Inc., Skyline Asset Management LP, LSV Asset Management, Royce & Associates LP and FMR LLC. 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 major investors are buying Sanmina stock?

SANM stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Oxford Asset Management LLP, Goldman Sachs Group Inc., SEI Investments Co, Assenagon Asset Management S.A., Geode Capital Management LLC and Man Group plc. 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 $29.52.

How big of a company is Sanmina?

Sanmina has a market capitalization of $2.04 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:  350 (Vote Outperform)
Underperform Votes:  342 (Vote Underperform)
Total Votes:  692
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 5/22/2019 by MarketBeat.com Staff

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