NASDAQ:SANM

Sanmina Stock Forecast, Price & News

$34.26

-0.39 (-1.13 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$33.84

Now: $34.26▼

$34.62

50-Day Range

$31.43

MA: $32.80▼

$35.09

52-Week Range

$18.34

Now: $34.26▼

$35.61

Volume252,886 shs

Average Volume270,809 shs

Market Capitalization$2.23 billion

P/E Ratio22.69

Dividend YieldN/A

Beta0.89

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; manufacturing of components, subassemblies, and complete systems; high-level 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, enterprise, radio frequency, optical, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. The company sells its products and services primarily to original equipment manufacturers that serve the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions 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.

MarketRank^™

Overall MarketRank^™

1.94 out of 5 stars

Computer And Technology Sector

85th out of 1,259 stocks

Printed Circuit Boards Industry

1st out of 15 stocks

1.2 Analyst's Opinion

Consensus Rating
Sanmina has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.33, Sanmina has a forecasted upside of 0.2% from its current price of $34.26.
Amount of Analyst Coverage
Sanmina has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Sanmina has received 408 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sanmina has received 422 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sanmina has received 50.84% “underperform” 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.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sanmina insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,274.00 in company stock.
Percentage Held by Insiders
Only 3.73% of the stock of Sanmina is held by insiders.
Percentage Held by Institutions
92.76% of the stock of Sanmina is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4 Earnings and Valuation

Earnings Growth
Earnings for Sanmina are expected to grow by 30.13% in the coming year, from $2.39 to $3.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sanmina is 22.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sanmina is 22.69, 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 91.80.
Price to Earnings Growth Ratio
Sanmina has a PEG Ratio of 0.72. 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 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Webwww.sanmina.com

Phone408-964-3500

Employees30,000

Debt

Debt-to-Equity Ratio0.20

Current Ratio1.58

Quick Ratio1.18

Price-To-Earnings

Trailing P/E Ratio22.69

Forward P/E Ratio14.33

P/E Growth0.72

Sales & Book Value

Annual Sales$8.23 billion

Price / Sales0.27

Cash Flow$6.17 per share

Price / Cash Flow5.55

Book Value$23.60 per share

Price / Book1.45

Profitability

EPS (Most Recent Fiscal Year)$3.06

Net Income$141.51 million

Net Margins1.55%

Return on Equity10.35%

Return on Assets4.12%

Miscellaneous

Outstanding Shares65,066,000

Market Cap$2.23 billion

Next Earnings Date1/25/2021 (Estimated)

OptionableOptionable

$34.26

-0.39 (-1.13 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Sanmina (NASDAQ:SANM) Frequently Asked Questions

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

Sanmina's stock was trading at $23.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SANM stock has increased by 43.8% and is now trading at $34.26.
View which stocks have been most impacted by COVID-19.

Is Sanmina a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last twelve months. There are currently 2 hold ratings 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Sanmina?

Wall Street analysts have given Sanmina a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sanmina wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Sanmina's next earnings date?

Sanmina is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for Sanmina.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) issued its earnings results on Tuesday, November, 10th. The electronics maker reported $1.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.32. The electronics maker had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.79 billion. Sanmina had a net margin of 1.55% and a return on equity of 10.35%. The firm's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.84 earnings per share.
View Sanmina's earnings history.

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

Sanmina updated its first quarter earnings guidance on Tuesday, November, 10th. The company provided EPS guidance of $0.75-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68. The company issued revenue guidance of $1.7-1.8 billion, compared to the consensus revenue estimate of $1.74 billion.

What price target have analysts set for SANM?

3 brokerages have issued 12 month target prices for Sanmina's shares. Their forecasts range from $30.00 to $40.00. On average, they expect Sanmina's share price to reach $34.33 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
View analysts' price targets for Sanmina or view Wall Street analyst' top-rated stocks.

Who are some of Sanmina's key competitors?

Some companies that are related to Sanmina include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), 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).

Who are Sanmina's key executives?

Sanmina's management team includes the following people:

Mr. Jure Sola, Co-Founder, Exec. Chairman & CEO (Age 69, Pay $917.74k)
Mr. Dennis R. Young, Exec. VP of Sales (Age 69, Pay $708.8k)
Mr. Alan McWilliams Reid, Exec. VP of Global HR (Age 57, Pay $611.7k)
Mr. Michael J. Clarke, Advisor (Age 65, Pay $2.79M)
Mr. Kurt Adzema, Exec. VP & CFO (Age 51)
Mr. Brent Billinger, Principal Accounting Officer, Sr. VP & Corp. Controller (Age 56)
Ms. Paige Melching, Sr. VP of Marketing & Investor Communications
Mr. Christopher K. Sadeghian, VP of Legal, Corp. Sec. & Acting Gen. Counsel
Mr. Marco Gonzalez Hagelsieb, Chief Operating Officer of Americas IMS
Mr. Brian P. Casey, Sr. VP & Treasurer (Age 66)

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 many different institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.12%), Pacifica Partners Inc. (0.05%), Louisiana State Employees Retirement System (0.05%), Crossmark Global Holdings Inc. (0.02%) and Wedge Capital Management L L P NC (0.01%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Dennis Young, John Goldsberry, Jure Sola and Kurt Adzema.
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 Crossmark Global Holdings Inc., Louisiana State Employees Retirement System, and State of Alaska Department of Revenue. Company insiders that have sold Sanmina company stock in the last year include Brent Billinger, Jure Sola, and Kurt Adzema.
View insider buying and selling activity for Sanmina or view top insider-selling stocks.

Which major investors are buying Sanmina stock?

SANM stock was bought by a variety of institutional investors in the last quarter, including Pacifica Partners Inc., and Wedge Capital Management L L P NC.
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.

What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $34.26.

How big of a company is Sanmina?

Sanmina has a market capitalization of $2.23 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 30,000 workers across the globe.

What is Sanmina's official website?

The official website for Sanmina is 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 1/17/2021 by MarketBeat.com Staff

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