Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company offers product design and engineering solutions, including concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, radio frequency, optical, and microelectronic solutions; defense and aerospace products; storage solutions; and cloud-based manufacturing execution software. Sanmina Corporation offers its solutions primarily to original equipment manufacturers in the communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy, and automotive industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNASDAQ:SANM
Previous Symbol
CUSIP80105610
Phone408-964-3500
Debt
Debt-to-Equity Ratio0.01
Current Ratio1.26
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio14.23
Forward P/E Ratio9.49
P/E Growth0.76
Sales & Book Value
Annual Sales$7.11 billion
Price / Sales0.25
Cash Flow$2.5998 per share
Price / Cash10.07
Book Value$21.74 per share
Price / Book1.20
Profitability
EPS (Most Recent Fiscal Year)$1.84
Net Income$-90,930,000.00
Net Margins-1.28%
Return on Equity10.24%
Return on Assets3.91%
Miscellaneous
Employees47,000
Outstanding Shares67,960,000
Market Cap$1.70 billion
OptionableOptionable
Sanmina (NASDAQ:SANM) Frequently Asked Questions
What is Sanmina's stock symbol?
Sanmina trades on the NASDAQ under the ticker symbol "SANM."
How will Sanmina's stock buyback program work?
Sanmina declared that its board has approved a share repurchase plan on Tuesday, September 19th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 77% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.
How were Sanmina's earnings last quarter?
Sanmina Corp (NASDAQ:SANM) announced its quarterly earnings data on Monday, October, 29th. The electronics maker reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.01. The electronics maker earned $1.88 billion during the quarter, compared to the consensus estimate of $1.85 billion. Sanmina had a positive return on equity of 10.24% and a negative net margin of 1.28%. The firm's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 earnings per share. View Sanmina's Earnings History.
When is Sanmina's next earnings date?
What guidance has Sanmina issued on next quarter's earnings?
Sanmina updated its first quarter earnings guidance on Thursday, November, 15th. The company provided earnings per share (EPS) guidance of $0.68-0.74 for the period, compared to the Thomson Reuters consensus estimate of $0.71. The company issued revenue guidance of $1.875-1.925 billion, compared to the consensus revenue estimate of $1.90 billion.
What price target have analysts set for SANM?
4 brokers have issued twelve-month price objectives for Sanmina's shares. Their predictions range from $31.00 to $40.00. On average, they anticipate Sanmina's stock price to reach $35.75 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for Sanmina.
What is the consensus analysts' recommendation for Sanmina?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sanmina.
Has Sanmina been receiving favorable news coverage?
News coverage about SANM stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sanmina earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the electronics maker a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the near term.
Who are some of Sanmina's key competitors?
Some companies that are related to Sanmina include Flex (FLEX), Jabil (JBL), Plexus (PLXS), Celestica (CLS), TTM Technologies (TTMI), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), SMTC (SMTX), NANO DIMENSION/S (NNDM), SigmaTron International (SGMA), Eltek (ELTK) and IEC Electronics (IEC).
Who are Sanmina's key executives?
Sanmina's management team includes the folowing people:
- Mr. Jure Sola, Co-Founder & Exec. Chairman (Age 67)
- Mr. Michael J. Clarke, CEO & Director (Age 63)
- Mr. Dennis R. Young, Exec. VP of Worldwide Sales & Marketing (Age 67)
- Mr. Alan McWilliams Reid, Exec. VP of Global HR (Age 55)
- Mr. Gerard W. Fay, Consultant (Age 59)
Who are Sanmina's major shareholders?
Sanmina's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.34%), Dimensional Fund Advisors LP (8.52%), LSV Asset Management (5.36%), Earnest Partners LLC (4.43%), Alliancebernstein L.P. (4.21%) and Diamond Hill Capital Management Inc. (4.16%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Jackie M Ward, John Goldsberry, Joseph G Licata Jr, Jure Sola, Neil R Bonke, Robert K Eulau and Wayne Shortridge. View Institutional Ownership Trends for Sanmina.
Which major investors are selling Sanmina stock?
SANM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., Dimensional Fund Advisors LP, Royce & Associates LP, GSA Capital Partners LLP, ClariVest Asset Management LLC and Nordea Investment Management AB. Company insiders that have sold Sanmina company stock in the last year include Joseph G Licata Jr and Wayne Shortridge. View Insider Buying and Selling for Sanmina.
Which major investors are buying Sanmina stock?
SANM stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Diamond Hill Capital Management Inc., BlackRock Inc., Victory Capital Management Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd., Piermont Capital Management Inc. and DekaBank Deutsche Girozentrale. View Insider Buying and Selling 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sanmina's stock price today?
One share of SANM stock can currently be purchased for approximately $26.18.
How big of a company is Sanmina?
Sanmina has a market capitalization of $1.70 billion and generates $7.11 billion in revenue each year. The electronics maker earns $-90,930,000.00 in net income (profit) each year or $1.84 on an earnings per share basis. Sanmina employs 47,000 workers across the globe.
What is Sanmina's official website?
How can I contact Sanmina?
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]
MarketBeat Community Rating for Sanmina (NASDAQ SANM)
MarketBeat's community ratings are surveys of what our community members think about Sanmina and other stocks. Vote "Outperform" if you believe SANM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SANM will underperform the S&P 500 over the long term. You may vote once every thirty days.
