NASDAQ:SANM - Sanmina Stock Price, News & Analysis

$30.04
+0.77 (+2.63 %)
(As of 08/19/2019 08:01 AM ET)
Today's Range
$29.11
Now: $30.04
$30.33
50-Day Range
$29.11
MA: $30.61
$33.40
52-Week Range
$22.30
Now: $30.04
$34.71
Volume285,400 shs
Average Volume476,066 shs
Market Capitalization$2.09 billion
P/E Ratio16.33
Dividend YieldN/A
Beta1.33
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two segments, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, 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. Read More…

Industry, Sector and Symbol

Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNASDAQ:SANM
CUSIP80105610
Phone408-964-3500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.11 billion
Cash Flow$4.3037 per share
Book Value$23.38 per share

Profitability

Net Income$-95,530,000.00

Miscellaneous

Employees47,000
Market Cap$2.09 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 authorized a share buyback program on Tuesday, September 19th 2017, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 77% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) announced its quarterly earnings results on Monday, July, 29th. The electronics maker reported $0.82 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.77 by $0.05. The electronics maker earned $2.03 billion during the quarter, compared to the consensus estimate of $1.98 billion. Sanmina had a return on equity of 13.98% and a net margin of 1.55%. Sanmina's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 EPS. View Sanmina's Earnings History.

When is Sanmina's next earnings date?

Sanmina is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Sanmina.

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

Sanmina issued an update on its fourth quarter earnings guidance on Monday, July, 29th. The company provided EPS guidance of $0.73-0.83 for the period, compared to the Thomson Reuters consensus estimate of $0.77. The company issued revenue guidance of $1.9-2.0 billion, compared to the consensus revenue estimate of $2.00 billion.

What price target have analysts set for SANM?

2 analysts have issued 12-month target prices for Sanmina's stock. Their predictions range from $33.00 to $33.00. On average, they expect Sanmina's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Sanmina.

What is the consensus analysts' recommendation for Sanmina?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sanmina.

Has Sanmina been receiving favorable news coverage?

Media headlines about SANM stock have been trending negative on Monday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sanmina earned a news impact score of -2.3 on InfoTrie's scale. They also gave media 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 effect on the company's share price in the near future. View News Stories for Sanmina.

Are investors shorting Sanmina?

Sanmina saw a drop in short interest in July. As of July 31st, there was short interest totalling 1,298,700 shares, a drop of 15.7% from the June 30th total of 1,540,800 shares. Based on an average trading volume of 366,700 shares, the short-interest ratio is currently 3.5 days. Approximately 2.0% of the company's shares are sold short. View Sanmina's Current Options Chain.

Who are some of Sanmina's key competitors?

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), NVIDIA (NVDA), Twitter (TWTR), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Mastercard (MA), Square (SQ), Visa (V) and Intel (INTC).

Who are Sanmina's key executives?

Sanmina's management team includes the folowing people:
  • Mr. Jure Sola, Co-Founder & Exec. Chairman (Age 68)
  • Mr. Michael J. Clarke, CEO & Director (Age 64)
  • Mr. David Robert Anderson, Exec. VP & CFO (Age 58)
  • Mr. Alan McWilliams Reid, Exec. VP of Global HR (Age 56)
  • Mr. Gerard W. Fay, Consultant (Age 60)

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.87%), Vanguard Group Inc. (10.10%), LSV Asset Management (4.51%), Earnest Partners LLC (4.36%), Diamond Hill Capital Management Inc. (4.11%) and Nuveen Asset Management LLC (1.84%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry, Joseph G Licata Jr, Jure Sola, Robert K Eulau and Wayne Shortridge. View Institutional Ownership Trends for Sanmina.

Which institutional investors are selling Sanmina stock?

SANM stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Donald Smith & CO. Inc., Prudential Financial Inc., Diamond Hill Capital Management Inc., Skyline Asset Management LP, Pinebridge Investments L.P., Rothschild & Co. Asset Management US Inc. and Alberta Investment Management Corp. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry and Jure Sola. View Insider Buying and Selling for Sanmina.

Which institutional investors are buying Sanmina stock?

SANM stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Neumeier Poma Investment Counsel LLC, BlackRock Inc., Morgan Stanley, Grantham Mayo Van Otterloo & Co. LLC, Invesco Ltd., Renaissance Technologies LLC and Northern Trust Corp. 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 $30.04.

How big of a company is Sanmina?

Sanmina has a market capitalization of $2.09 billion and generates $7.11 billion in revenue each year. The electronics maker earns $-95,530,000.00 in net income (profit) each year or $1.84 on an earnings per share basis. Sanmina employs 47,000 workers across the globe.View Additional Information About Sanmina.

What is Sanmina's official website?

The official website for Sanmina is http://www.sanmina.com/.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  362 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  725
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.
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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