Sanmina Stock Price, News & Analysis (NASDAQ:SANM)

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

Sanmina Corp (NASDAQ:SANM) released its earnings results on Monday, July, 29th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.77 by $0.05. The electronics maker earned $2.03 billion during the quarter, compared to analyst estimates of $1.98 billion. Sanmina had a net margin of 1.55% and a return on equity of 13.98%. The business's revenue was up 11.8% on a year-over-year basis. During the same period last year, the business earned $0.55 earnings per share. View Sanmina's Earnings History.

Sanmina is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Sanmina.

Sanmina updated its fourth quarter earnings guidance on Monday, July, 29th. The company provided EPS guidance of $0.73-0.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.77. The company issued revenue guidance of $1.9-2.0 billion, compared to the consensus revenue estimate of $2.00 billion.

2 brokerages have issued 12 month price objectives for Sanmina's stock. Their forecasts range from $33.00 to $33.00. On average, they anticipate Sanmina's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Price Targets 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.

Press coverage about SANM stock has trended negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. 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 coverage optimism score of -2.5 on InfoTrie's scale. They also gave news coverage about the electronics maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Sanmina.

Sanmina saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,920,000 shares, an increase of 8.5% from the August 30th total of 1,770,000 shares. Based on an average trading volume of 366,000 shares, the days-to-cover ratio is presently 5.2 days. Approximately 2.9% of the company's shares are short sold. View Sanmina's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanmina investors own include Southwest Airlines (LUV), Twitter (TWTR), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Mastercard (MA), Square (SQ), Visa (V) and Adobe (ADBE).

Sanmina's stock is owned by many different of institutional and retail investors. Top institutional investors include Skyline Asset Management LP (0.51%), Reilly Financial Advisors LLC (0.42%), Peregrine Capital Management LLC (0.36%), Assenagon Asset Management S.A. (0.12%), Bowling Portfolio Management LLC (0.08%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry, Joseph G Licata Jr, Jure Sola and Wayne Shortridge. View Institutional Ownership Trends for Sanmina.

SANM stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Peregrine Capital Management LLC and Strs Ohio. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry and Jure Sola. View Insider Buying and Selling for Sanmina.

SANM stock was purchased by a variety of institutional investors in the last quarter, including Reilly Financial Advisors LLC, State of Alaska Department of Revenue, Pacer Advisors Inc., Bowling Portfolio Management LLC, Campbell & CO Investment Adviser LLC, World Asset Management Inc, Convergence Investment Partners LLC and Envestnet Asset Management Inc.. View Insider Buying and Selling for 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.

One share of SANM stock can currently be purchased for approximately $32.56.

Sanmina has a market capitalization of $2.27 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.View Additional Information About Sanmina.

The official website for Sanmina is http://www.sanmina.com/.

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]