S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
Dems' climate, energy, tax bill clears initial Senate hurdle
NASDAQ:SANM

Sanmina - SANM Stock Forecast, Price & News

$49.90
+0.11 (+0.22%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$49.30
$50.14
50-Day Range
$39.19
$50.00
52-Week Range
$35.06
$50.36
Volume
319,090 shs
Average Volume
333,516 shs
Market Capitalization
$2.88 billion
P/E Ratio
12.96
Dividend Yield
N/A
Price Target
$56.33

Sanmina MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
12.9% Upside
$56.33 Price Target
Short Interest
Healthy
2.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.36
Upright™ Environmental Score
News Sentiment
0.39mentions of Sanmina in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.46%
From $4.31 to $4.33 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Computer And Technology Sector

334th out of 832 stocks

Printed Circuit Boards Industry

5th out of 16 stocks

SANM stock logo

About Sanmina (NASDAQ:SANM) Stock

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; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems. In addition, the company provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, storage platforms, radio frequency, optical, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions industries. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on SANM shares. Craig Hallum upped their target price on Sanmina from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, August 2nd. StockNews.com raised Sanmina from a "buy" rating to a "strong-buy" rating in a report on Wednesday.

Sanmina Stock Up 0.2 %

NASDAQ:SANM opened at $49.90 on Friday. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 12.96, a PEG ratio of 0.96 and a beta of 0.99. Sanmina has a 1-year low of $35.06 and a 1-year high of $50.36. The company has a current ratio of 1.58, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17. The business's fifty day moving average price is $43.04 and its 200 day moving average price is $41.12.

Sanmina (NASDAQ:SANM - Get Rating) last posted its quarterly earnings results on Monday, August 1st. The electronics maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.19. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.88 billion. Sanmina had a return on equity of 13.67% and a net margin of 3.38%. Sanmina's quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.88 earnings per share. On average, sell-side analysts forecast that Sanmina will post 4.31 earnings per share for the current fiscal year.

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SANM Stock News Headlines

Sanmina (NASDAQ:SANM) Upgraded by StockNews.com to "Strong-Buy"
Sanmina's Third Quarter Fiscal 2022 Financial Results
Earnings Preview For Sanmina - Benzinga
Sanmina (NASDAQ:SANM) Lowered to Buy at StockNews.com
See More Headlines
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SANM Company Calendar

Last Earnings
8/01/2022
Today
8/07/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/14/2022

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
Current Symbol
NASDAQ:SANM
CUSIP
80105610
Employees
35,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$56.33
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+12.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$269 million
Pretax Margin
4.18%

Debt

Sales & Book Value

Annual Sales
$6.76 billion
Cash Flow
$5.35 per share
Book Value
$31.21 per share

Miscellaneous

Free Float
55,896,000
Market Cap
$2.88 billion
Optionable
Optionable
Beta
0.99

Key Executives














SANM Stock - Frequently Asked Questions

Should I buy or sell Sanmina stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street 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 top-rated stocks.

What is Sanmina's stock price forecast for 2022?

3 Wall Street research analysts have issued 1 year price targets for Sanmina's stock. Their SANM stock forecasts range from $38.00 to $70.00. On average, they anticipate Sanmina's share price to reach $56.33 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
View analysts' price targets for Sanmina
or view top-rated stocks among Wall Street analysts.

How has Sanmina's stock price performed in 2022?

Sanmina's stock was trading at $41.46 at the beginning of the year. Since then, SANM shares have increased by 20.4% and is now trading at $49.90.
View the best growth stocks for 2022 here
.

When is Sanmina's next earnings date?

Sanmina is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our earnings forecast for Sanmina
.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) released its earnings results on Monday, August, 1st. The electronics maker reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.19. The electronics maker had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.88 billion. Sanmina had a trailing twelve-month return on equity of 13.67% and a net margin of 3.38%. The company's revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 earnings per share.

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

Sanmina issued an update on its fourth quarter earnings guidance on Monday, August, 1st. The company provided earnings per share (EPS) guidance of $1.27-$1.37 for the period, compared to the consensus EPS estimate of $1.15. The company issued revenue guidance of $1.95-$2.05 billion, compared to the consensus revenue estimate of $1.91 billion.

What is Michael Clarke's approval rating as Sanmina's CEO?

75 employees have rated Sanmina CEO Michael Clarke on Glassdoor.com. Michael Clarke has an approval rating of 77% among Sanmina'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 a variety of institutional and retail investors. Top institutional shareholders include DnB Asset Management AS (1.49%), Victory Capital Management Inc. (0.93%), Personal Capital Advisors Corp (0.55%), Royce & Associates LP (0.42%), Global Alpha Capital Management Ltd. (0.41%) and Allspring Global Investments Holdings LLC (0.29%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Andrew C Petrik, Brent Billinger, Dennis Young, John Goldsberry, Jure Sola and Kurt Adzema.
View institutional ownership trends for Sanmina
.

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.
Compare Top Brokerages Here.

What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $49.90.

How much money does Sanmina make?

Sanmina (NASDAQ:SANM) has a market capitalization of $2.88 billion and generates $6.76 billion in revenue each year. The electronics maker earns $269 million in net income (profit) each year or $3.85 on an earnings per share basis.

How many employees does Sanmina have?

Sanmina employs 35,000 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 Sanmina 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 8/7/2022 by MarketBeat.com Staff

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