NASDAQ:SANM - Sanmina Stock Price, Forecast & News

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

Sanmina Corp (NASDAQ:SANM) released its earnings results on Monday, October, 28th. The electronics maker reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.07. The electronics maker earned $1.89 billion during the quarter, compared to analysts' expectations of $1.98 billion. Sanmina had a return on equity of 14.09% and a net margin of 1.72%. The firm's revenue was up .9% on a year-over-year basis. During the same quarter last year, the business posted $0.67 earnings per share. View Sanmina's Earnings History.

Sanmina is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Sanmina.

Sanmina updated its first quarter earnings guidance on Monday, October, 28th. The company provided EPS guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.87. The company issued revenue guidance of $1.725-1.825 billion, compared to the consensus revenue estimate of $2.09 billion.

1 equities research analysts have issued 1 year target prices for Sanmina's shares. Their forecasts range from $33.00 to $33.00. On average, they anticipate Sanmina's share price to reach $33.00 in the next year. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for Sanmina.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sanmina.

Media coverage about SANM stock has been trending somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative media 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 five, with scores closest to five being the most favorable. Sanmina earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the electronics maker a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Sanmina.

Sanmina saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,010,000 shares, an increase of 9.8% from the December 15th total of 1,830,000 shares. Based on an average daily volume of 384,800 shares, the days-to-cover ratio is currently 5.2 days. Approximately 3.0% of the company's stock 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), TTM Technologies (TTMI), KEMET (KEM), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanmina investors own include Southwest Airlines (LUV), Twitter (TWTR), NVIDIA (NVDA), FireEye (FEYE), Micron Technology (MU), Visa (V), Yelp (YELP), Intel (INTC), Netflix (NFLX) and Puma Biotechnology (PBYI).

Sanmina's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Skyline Asset Management LP (0.51%), Reilly Financial Advisors LLC (0.43%), Peregrine Capital Management LLC (0.36%), DNB Asset Management AS (0.13%), State of Alaska Department of Revenue (0.08%) and Bowling Portfolio Management LLC (0.06%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Dennis Young, 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 Bowling Portfolio Management LLC, Louisiana State Employees Retirement System and Peregrine Capital Management LLC. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Dennis Young, John Goldsberry and Jure Sola. View Insider Buying and Selling for Sanmina.

SANM stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Reilly Financial Advisors LLC, Skyline Asset Management LP, State of Alaska Department of Revenue and Nisa Investment Advisors LLC. 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 $34.33.

Sanmina has a market capitalization of $2.40 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 43,000 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]