Sanmina Stock Forecast, Price & News

Sanmina (NASDAQ:SANM) Frequently Asked Questions

Is Sanmina a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Sanmina stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SANM, but not buy additional shares or sell existing shares.
View analyst ratings for Sanmina or view top-rated stocks.

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

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. Since then, SANM stock has increased by 53.4% and is now trading at $36.54.
View which stocks have been most impacted by COVID-19.

Are investors shorting Sanmina?

Sanmina saw a decline in short interest in November. As of November 15th, there was short interest totaling 1,030,000 shares, a decline of 36.4% from the October 31st total of 1,620,000 shares. Based on an average daily trading volume, of 282,500 shares, the days-to-cover ratio is presently 3.6 days. Currently, 1.7% of the shares of the stock are sold short.
View Sanmina's Short Interest.

When is Sanmina's next earnings date?

Sanmina is scheduled to release its next quarterly earnings announcement on Tuesday, February 1st 2022.
View our earnings forecast for Sanmina.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) released its quarterly earnings data on Sunday, November, 7th. The electronics maker reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.99 by $0.04. The electronics maker earned $1.64 billion during the quarter, compared to analysts' expectations of $1.70 billion. Sanmina had a net margin of 3.98% and a trailing twelve-month return on equity of 13.04%. Sanmina's quarterly revenue was down 12.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.04 earnings per share.
View Sanmina's earnings history.

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

Sanmina issued an update on its first quarter 2022 earnings guidance on Monday, November, 29th. The company provided earnings per share guidance of $0.900-$1.000 for the period, compared to the Thomson Reuters consensus estimate of $1.010. The company issued revenue guidance of $1.60 billion-$1.70 billion, compared to the consensus revenue estimate of $1.76 billion.

What price target have analysts set for SANM?

3 analysts have issued 12 month target prices for Sanmina's stock. Their forecasts range from $38.00 to $61.00. On average, they anticipate Sanmina's share price to reach $47.00 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
View analysts' price targets for Sanmina or view top-rated stocks among Wall Street analysts.

Who are Sanmina's key executives?

Sanmina's management team includes the following people:

• Jure Sola, Executive Chairman & Chief Executive Officer
• Kurt Adzema, Chief Financial Officer
• Manesh Patel, Chief Information Officer & Senior Vice President
• Hari Pillai, President-Components Technology
• Man Wai Kan, Vice President-Business Development

What is Michael Clarke's approval rating as Sanmina's CEO?

75 employees have rated Sanmina CEO Michael Clarke on Glassdoor.com. Michael Clarke has an approval rating of 77% among Sanmina's employees.

Who are some of Sanmina's key competitors?

Some companies that are related to Sanmina include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Fabrinet (FN), Mercury Systems (MRCY), Plexus (PLXS), Methode Electronics (MEI), TTM Technologies (TTMI), CTS (CTS), Benchmark Electronics (BHE), Park Aerospace (PKE), Neonode (NEON) and Key Tronic (KTCC).
View all of SANM's 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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Skyworks Solutions (SWKS), Micron Technology (MU), Intel (INTC), AbbVie (ABBV), Tesla (TSLA), Pfizer (PFE) and QUALCOMM (QCOM).

What is Sanmina's stock symbol?

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

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.33%), Dimensional Fund Advisors LP (7.28%), Barclays PLC (5.72%), LSV Asset Management (3.87%), Fuller & Thaler Asset Management Inc. (2.93%) and DNB Asset Management AS (2.37%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Andrew C Petrik, Brent Billinger, Jure Sola and Kurt Adzema.
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 Arrowstreet Capital Limited Partnership, BlackRock Inc., Grantham Mayo Van Otterloo & Co. LLC, Renaissance Technologies LLC, Fuller & Thaler Asset Management Inc., Morgan Stanley, Goldman Sachs Group Inc., and Russell Investments Group Ltd.. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Andrew C Petrik, and Brent Billinger.
View insider buying and selling activity for Sanmina or view top insider-selling stocks.

Which institutional investors are buying Sanmina stock?

SANM stock was acquired by a variety of institutional investors in the last quarter, including Barclays PLC, DNB Asset Management AS, Moors & Cabot Inc., SG Americas Securities LLC, UBS Group AG, BNP Paribas Arbitrage SA, Jennison Associates LLC, and Allianz Asset Management GmbH.
View insider buying and selling activity for Sanmina or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $36.54.

How much money does Sanmina make?

Sanmina has a market capitalization of $2.35 billion and generates $6.76 billion in revenue each year. The electronics maker earns $139.71 million in net income (profit) each year or $4.00 on an earnings per share basis.

How many employees does Sanmina have?

Sanmina employs 2,020 workers across the globe.

What is Sanmina's official website?

The official website for Sanmina is www.sanmina.com.

Where are Sanmina's headquarters?

Sanmina is headquartered at 2700 NORTH FIRST STREET, SAN JOSE CA, 95134.

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, via email at [email protected], or via fax at 408-964-3440.