NASDAQ:SANM - Sanmina Stock Price, News & Analysis

$30.04
+0.77 (+2.63 %)
(As of 08/18/2019 04:00 PM 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 of Directors has approved a stock repurchase plan 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 reacquire up to 77% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its stock is undervalued.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) posted its earnings results on Monday, July, 29th. The electronics maker reported $0.82 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.77 by $0.05. The electronics maker had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.98 billion. Sanmina had a net margin of 1.55% and a return on equity of 13.98%. Sanmina's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last 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 updated 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 equities research analysts have issued 1 year price objectives 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 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?

Press coverage about SANM stock has been trending negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sanmina earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the electronics maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Sanmina.

Are investors shorting Sanmina?

Sanmina saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,298,700 shares, a decline of 15.7% from the June 30th total of 1,540,800 shares. Based on an average daily trading volume, of 366,700 shares, the short-interest ratio is currently 3.5 days. Approximately 2.0% of the shares of the company are short sold. 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 retail and institutional 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 acquired 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:  361 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  724
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 8/18/2019 by MarketBeat.com Staff

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