NASDAQ:SANM Sanmina (SANM) Stock Forecast, Price & News $54.16 +1.71 (+3.26%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$52.92▼$54.2250-Day Range$49.47▼$60.9952-Week Range$38.36▼$69.28Volume284,198 shsAverage Volume529,933 shsMarket Capitalization$3.15 billionP/E Ratio10.46Dividend YieldN/APrice Target$73.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Sanmina MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.8% Upside$73.00 Price TargetShort InterestBearish3.84% of Float Sold ShortDividend StrengthN/ASustainability-1.37Upright™ Environmental ScoreNews Sentiment1.29Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsComputer And Technology Sector224th out of 609 stocksPrinted Circuit Boards Industry4th out of 10 stocks 3.5 Analyst's Opinion Consensus RatingSanmina has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.00, Sanmina has a forecasted upside of 34.8% from its current price of $54.16.Amount of Analyst CoverageSanmina has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.84% of the float of Sanmina has been sold short.Short Interest Ratio / Days to CoverSanmina has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Sanmina has recently increased by 6.86%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSanmina does not currently pay a dividend.Dividend GrowthSanmina does not have a long track record of dividend growth. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSanmina has received a 26.51% net impact score from Upright. Sanmina seems to create the most significant positive value in categories "Jobs", "Taxes", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Servers", "Fibre-optic cables used for internet provision", and "Telecommunications antennae" products. See details.Environmental SustainabilityThe Environmental Impact score for Sanmina is -1.37. Previous Next 2.9 News and Social Media Coverage News SentimentSanmina has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Sanmina this week, compared to 4 articles on an average week.Search Interest6 people have searched for SANM on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Sanmina to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sanmina insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.03% of the stock of Sanmina is held by insiders.Percentage Held by Institutions91.22% of the stock of Sanmina is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Sanmina is 10.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Sanmina is 10.46, 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 374.00.Price to Book Value per Share RatioSanmina has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sanmina (NASDAQ:SANM) StockSanmina Corp. engages in the provision of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It operates through the following segments: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The IMS segment consists of printed circuit board assembly and test, final system assembly and test and direct-order-fulfillment. The CPS segment includes interconnect systems and mechanical systems. The company was founded by Jure Sola in 1980 and is headquartered in San Jose, CA.Read More Receive SANM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sanmina and its competitors with MarketBeat's FREE daily newsletter. Email Address SANM Stock News HeadlinesMay 30, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating RH, Sanmina, and JinkoSolar and Encourages Investors to Contact the FirmMay 25, 2023 | benzinga.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Sanmina Corporation (SANM) on Behalf of InvestorsJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 25, 2023 | benzinga.comThe Law Offices of Frank R. Cruz Continues Investigation of Sanmina Corporation (SANM) on Behalf of InvestorsMay 23, 2023 | businesswire.comINVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Sanmina Corporation (SANM) Behalf of InvestorsMay 20, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating Relmada, and Sanmina and Encourages Investors to Contact the FirmMay 19, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sanmina Corporation - SANMMay 19, 2023 | benzinga.comKirby McInerney LLP Announces an Investigation of Shareholder Claims Against Sanmina Corporation (SANM)June 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 19, 2023 | technews.tmcnet.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sanmina Corporation (SANM) on Behalf of InvestorsMay 19, 2023 | benzinga.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sanmina Corporation (SANM) on Behalf of InvestorsMay 17, 2023 | businesswire.comThe Law Offices of Frank R. Cruz Announces Investigation of Sanmina Corporation (SANM) on Behalf of InvestorsMay 17, 2023 | benzinga.comInvestigation of Sanmina Corporation (SANM) Announced by Holzer & Holzer, LLCMay 17, 2023 | marketwatch.comEMS and ODM (EMS & ODM) Market Share and Size: Recent Growing Trend 2030May 16, 2023 | marketwatch.comGlobal "Precision Machining Market" Trends [2023-2030] | Examining Near-Future Advancements and Regional Progress | Latest ReportMay 15, 2023 | americanbankingnews.comStockNews.com Lowers Sanmina (NASDAQ:SANM) to BuyMay 14, 2023 | americanbankingnews.comSanmina (NASDAQ:SANM) Issues Q3 2023 Earnings GuidanceMay 13, 2023 | americanbankingnews.comSanmina (NASDAQ:SANM) Board Announces Stock Repurchase ProgramMay 12, 2023 | benzinga.comSanmina shares are trading lower after the company reported Q2 financial results.May 12, 2023 | msn.comSanmina Non-GAAP EPS of $1.59 beats by $0.04, revenue of $2.32B beats by $70MMay 12, 2023 | finance.yahoo.comQ2 2023 Sanmina Corp Earnings CallMay 12, 2023 | finanznachrichten.deSanmina Corporation: Sanmina's Second Quarter Fiscal 2023 Financial ResultsMay 12, 2023 | markets.businessinsider.comSpectrum Brands, Sanmina And 3 Stocks To Watch Heading Into FridayMay 11, 2023 | benzinga.comSanmina Q2 EPS $1.59 Beats $1.55 Estimate, Sales $2.32B Beat $2.25B EstimateMay 11, 2023 | investing.comSanmina reports Q2 beat & provides guidance, announces $200M buybackMay 11, 2023 | msn.comSanmina stock rises following earnings beat, outlookMay 11, 2023 | benzinga.comSanmina: Q2 Earnings InsightsSee More Headlines SANM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SANM Company Calendar Last Earnings1/30/2023Today6/03/2023Next Earnings (Estimated)8/07/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Printed circuit boards Sub-IndustryElectronic Manufacturing Services SectorComputer and Technology Current SymbolNASDAQ:SANM CUSIP80105610 CIK897723 Webwww.sanmina.com Phone(408) 964-3500Fax408-964-3440Employees34,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$73.00 High Stock Price Forecast$78.00 Low Stock Price Forecast$65.00 Forecasted Upside/Downside+34.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$5.18 Trailing P/E Ratio10.46 Forward P/E RatioN/A P/E GrowthN/ANet Income$240.38 million Net Margins3.51% Pretax Margin4.30% Return on Equity16.19% Return on Assets6.50% Debt Debt-to-Equity Ratio0.14 Current Ratio1.79 Quick Ratio1.10 Sales & Book Value Annual Sales$8.89 billion Price / Sales0.35 Cash Flow$7.03 per share Price / Cash Flow7.70 Book Value$38.13 per share Price / Book1.42Miscellaneous Outstanding Shares58,169,000Free Float56,406,000Market Cap$3.15 billion OptionableOptionable Beta1.16 Key ExecutivesJure SolaExecutive Chairman & Chief Executive OfficerKurt AdzemaChief Financial Officer & Executive Vice PresidentManesh PatelChief Information Officer & Senior Vice PresidentHari PillaiPresident-Components TechnologyMan Wai KanVice President-Business DevelopmentKey CompetitorsPlexusNASDAQ:PLXSCTSNYSE:CTSTTM TechnologiesNASDAQ:TTMIBenchmark ElectronicsNYSE:BHEJabilNYSE:JBLView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 332 shares on 5/26/2023Ownership: 0.015%Empower Advisory Group LLCBought 246,330 shares on 5/25/2023Ownership: 0.423%Capital Impact Advisors LLCSold 891 shares on 5/23/2023Ownership: 0.024%Ameriprise Financial Inc.Bought 16,761 shares on 5/22/2023Ownership: 0.507%Westover Capital Advisors LLCBought 9,769 shares on 5/22/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions SANM Stock - Frequently Asked Questions Should I buy or sell Sanmina stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SANM shares. View SANM analyst ratings or view top-rated stocks. What is Sanmina's stock price forecast for 2023? 2 brokers have issued 1 year price targets for Sanmina's stock. Their SANM share price forecasts range from $65.00 to $78.00. On average, they predict the company's stock price to reach $73.00 in the next year. This suggests a possible upside of 34.8% from the stock's current price. View analysts price targets for SANM or view top-rated stocks among Wall Street analysts. How have SANM shares performed in 2023? Sanmina's stock was trading at $57.29 at the start of the year. Since then, SANM stock has decreased by 5.5% and is now trading at $54.16. View the best growth stocks for 2023 here. When is Sanmina's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our SANM earnings forecast. How were Sanmina's earnings last quarter? Sanmina Co. (NASDAQ:SANM) released its quarterly earnings results on Monday, January, 30th. The electronics maker reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.26. The electronics maker had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.15 billion. Sanmina had a net margin of 3.51% and a trailing twelve-month return on equity of 16.19%. Sanmina's revenue for the quarter was up 34.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.94 EPS. What ETFs hold Sanmina's stock? ETFs with the largest weight of Sanmina (NASDAQ:SANM) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), ProShares S&P Kensho Smart Factories ETF (MAKX), Invesco S&P SmallCap Momentum ETF (XSMO), Cambria Value and Momentum ETF (VAMO), Cambria Shareholder Yield ETF (SYLD), SPDR S&P Kensho Smart Mobility ETF (HAIL), Qraft AI-Enhanced Next Value ETF (NVQ) and Hartford Multifactor Small Cap ETF (ROSC). How will Sanmina's stock buyback program work? Sanmina announced that its board has approved a stock repurchase plan on Thursday, May 11th 2023, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued. What guidance has Sanmina issued on next quarter's earnings? Sanmina updated its third quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $1.50-$1.60 for the period, compared to the consensus estimate of $1.55. The company issued revenue guidance of $2.20 billion-$2.30 billion, compared to the consensus revenue estimate of $2.23 billion. What is Michael Clarke's approval rating as Sanmina's CEO? 75 employees have rated Sanmina Chief Executive Officer Michael Clarke on Glassdoor.com. Michael Clarke has an approval rating of 77% among the company's employees. 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). 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (18.79%), Dimensional Fund Advisors LP (8.11%), State Street Corp (3.91%), LSV Asset Management (3.32%), Geode Capital Management LLC (2.12%) and Bank of America Corp DE (1.87%). Insiders that own company stock include Alan Mcwilliams Reid, Andrew C Petrik, Brent Billinger, John Goldsberry, Jure Sola and Kurt Adzema. View institutional ownership trends. How do I buy shares of Sanmina? Shares of SANM stock 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. Compare Top Brokerages Here. What is Sanmina's stock price today? One share of SANM stock can currently be purchased for approximately $54.16. How much money does Sanmina make? Sanmina (NASDAQ:SANM) has a market capitalization of $3.15 billion and generates $8.89 billion in revenue each year. The electronics maker earns $240.38 million in net income (profit) each year or $5.18 on an earnings per share basis. How many employees does Sanmina have? The company employs 34,000 workers across the globe. How can I contact Sanmina? Sanmina's mailing address is 2700 NORTH FIRST STREET, SAN JOSE CA, 95134. The official website for the company is www.sanmina.com. The electronics maker can be reached via phone at (408) 964-3500, via email at ir@sanmina.com, or via fax at 408-964-3440. This page (NASDAQ:SANM) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sanmina Co. 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