NASDAQ:SANMSanmina Stock Price, Forecast & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Sanmina is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Sanmina.

Sanmina Corp (NASDAQ:SANM) announced its earnings results on Wednesday, July, 29th. The electronics maker reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.62. The electronics maker earned $1.66 billion during the quarter, compared to the consensus estimate of $1.57 billion. Sanmina had a return on equity of 10.35% and a net margin of 1.55%. The firm's revenue for the quarter was down 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 EPS.
View Sanmina's earnings history.

Sanmina issued an update on its fourth quarter earnings guidance on Wednesday, July, 29th. The company provided earnings per share guidance of $0.73-0.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.42. The company issued revenue guidance of $1.73-1.83 billion, compared to the consensus revenue estimate of $1.62 billion.

3 equities research analysts have issued twelve-month target prices for Sanmina's stock. Their forecasts range from $30.00 to $40.00. On average, they anticipate Sanmina's stock price to reach $34.33 in the next year.
View analysts' price targets for Sanmina.

News headlines about SANM stock have been trending somewhat negative on Tuesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sanmina earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the electronics maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about Sanmina.

Sanmina saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,770,000 shares, a decline of 11.9% from the December 31st total of 2,010,000 shares. Based on an average trading volume of 393,900 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.6% of the company's shares are sold short.
View Sanmina's Short Interest.

Some companies that are related to Sanmina include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Plexus (PLXS), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sanmina investors own include Southwest Airlines (LUV), NVIDIA (NVDA), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Intel (INTC), Micron Technology (MU), AbbVie (ABBV), FireEye (FEYE), SunPower (SPWR) and Square (SQ).

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

Sanmina's stock is owned by a variety of retail and institutional investors. Top institutional investors include LSV Asset Management (3.86%), New York State Common Retirement Fund (1.39%), Principal Financial Group Inc. (0.75%), Foundry Partners LLC (0.66%), Victory Capital Management Inc. (0.50%) and Skyline Asset Management LP (0.43%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Dennis Young, John Goldsberry and Jure Sola.
View institutional ownership trends for Sanmina.

SANM stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Reilly Financial Advisors LLC, LSV Asset Management, First Quadrant L P CA, UBS Group AG, Foundry Partners LLC, Skyline Asset Management LP, and Principal Financial Group Inc.. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Brent Billinger, Dennis Young, John Goldsberry, and Jure Sola.
View insider buying and selling activity for Sanmina.

SANM stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Empowered Funds LLC, DNB Asset Management AS, Seizert Capital Partners LLC, SG Americas Securities LLC, Swiss National Bank, Envestnet Asset Management Inc., and Trexquant Investment LP.
View insider buying and selling activity 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.

Sanmina has a market capitalization of $0.00 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 43,000 workers across the globe.

The official website for Sanmina is 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]