About Sanmina (NASDAQ:SANM)
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.
Industry, Sector and Symbol
Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNASDAQ:SANM
CUSIP80105610
Phone408-964-3500
Debt
Debt-to-Equity Ratio0.27
Current Ratio1.55
Quick Ratio0.90
Price-To-Earnings
Trailing P/E Ratio10.52
Forward P/E Ratio16.96
P/E Growth1.43
Sales & Book Value
Annual Sales$6.87 billion
Price / Sales0.30
Cash Flow$4.5023 per share
Price / Cash6.63
Book Value$21.86 per share
Price / Book1.37
Profitability
EPS (Most Recent Fiscal Year)$2.87
Net Income$138.83 million
Net Margins-0.99%
Return on Equity10.99%
Return on Assets4.60%
Miscellaneous
Employees47,000
Outstanding Shares68,600,000
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 has approved a stock repurchase plan on Tuesday, September 19th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 77% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.
How were Sanmina's earnings last quarter?
Sanmina Corp (NASDAQ:SANM) posted its quarterly earnings data on Monday, April, 23rd. The electronics maker reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The electronics maker earned $1.68 billion during the quarter, compared to analyst estimates of $1.64 billion. Sanmina had a positive return on equity of 10.99% and a negative net margin of 0.99%. The business's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.76 earnings per share. View Sanmina's Earnings History.
When is Sanmina's next earnings date?
What guidance has Sanmina issued on next quarter's earnings?
Sanmina updated its third quarter earnings guidance on Monday, April, 23rd. The company provided earnings per share guidance of $0.53-0.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.55. The company issued revenue guidance of $1.70-1.75 billion, compared to the consensus revenue estimate of $1.70 billion.
What price target have analysts set for SANM?
6 analysts have issued twelve-month target prices for Sanmina's shares. Their forecasts range from $31.00 to $40.00. On average, they expect Sanmina's stock price to reach $35.25 in the next year. View Analyst Ratings for Sanmina.
Who are some of Sanmina's key competitors?
Some companies that are related to Sanmina include Flex (FLEX), Jabil (JBL), Plexus (PLXS), TTM Technologies (TTMI), Celestica (CLS), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), SMTC (SMTX), IEC Electronics (IEC), NANO DIMENSION/S (NNDM), SigmaTron International (SGMA) and Eltek (ELTK).
Who are Sanmina's key executives?
Sanmina's management team includes the folowing people:
- Mr. Jure Sola, Co-Founder & Exec. Chairman (Age 67)
- Mr. Robert K. Eulau, CEO & Director (Age 56)
- 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, Exec. VP & Chief Bus. Officer (Age 59)
Has Sanmina been receiving favorable news coverage?
Headlines about SANM stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sanmina earned a media sentiment score of 0.21 on Accern's scale. They also gave news headlines about the electronics maker an impact score of 45.23 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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. (13.54%), Dimensional Fund Advisors LP (9.12%), LSV Asset Management (5.23%), Earnest Partners LLC (4.35%), Donald Smith & CO. Inc. (3.55%) and Diamond Hill Capital Management Inc. (3.14%). 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 Millennium Management LLC, Foundry Partners LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Schroder Investment Management Group, PNC Financial Services Group Inc., Hsbc Holdings PLC and Wells Fargo & Company MN. Company insiders that have sold Sanmina company stock in the last year include Joseph G Licata Jr, Robert K Eulau 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 Diamond Hill Capital Management Inc., Victory Capital Management Inc., Matarin Capital Management LLC, UBS Group AG, Earnest Partners LLC, Mackay Shields LLC, Skyline Asset Management LP and Virginia Retirement Systems ET AL. 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 $30.20.
How big of a company is Sanmina?
Sanmina has a market capitalization of $2.07 billion and generates $6.87 billion in revenue each year. The electronics maker earns $138.83 million in net income (profit) each year or $2.87 on an earnings per share basis. Sanmina employs 47,000 workers across the globe.
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 (SANM)
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.
