About Sanmina (NASDAQ:SANM)
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
Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNASDAQ:SANM
CUSIP80105610
Phone408-964-3500
Debt
Debt-to-Equity Ratio0.26%
Current Ratio1.60%
Quick Ratio0.95%
Price-To-Earnings
Trailing P/E Ratio11.17
Forward P/E Ratio16.10
P/E Growth1.34
Sales & Book Value
Annual Sales$6.87 billion
Price / Sales0.29
Cash Flow$4.5710 per share
Price / Cash6.06
Book Value$21.86 per share
Price / Book1.27
Profitability
EPS (Most Recent Fiscal Year)$2.87
Net Income$138.83 million
Net Margins-0.88%
Return on Equity11.61%
Return on Assets5.07%
Miscellaneous
Employees47,000
Outstanding Shares71,250,000
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 purchase up to 77% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its stock is undervalued.
How were Sanmina's earnings last quarter?
Sanmina Co. (NASDAQ:SANM) issued its quarterly earnings results on Monday, April, 23rd. The electronics maker reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.05. The electronics maker had revenue of $1.68 billion for the quarter, compared to analysts' expectations of $1.64 billion. Sanmina had a negative net margin of 0.88% and a positive return on equity of 11.61%. The company's revenue was down .4% on a year-over-year basis. During the same quarter last year, the company earned $0.76 EPS. View Sanmina's Earnings History.
What guidance has Sanmina issued on next quarter's earnings?
Sanmina issued an update on its third quarter earnings guidance on Monday, April, 23rd. The company provided EPS guidance of $0.53-0.61 for the period, compared to the Thomson Reuters consensus estimate of $0.55. The company issued revenue guidance of $1.70-1.75 billion, compared to the consensus revenue estimate of $1.70 billion.
What price target have analysts set for SANM?
6 brokerages have issued 12 month target prices for Sanmina's shares. Their forecasts range from $31.00 to $48.00. On average, they expect Sanmina's stock price to reach $37.25 in the next twelve months. View Analyst Ratings for Sanmina.
What are Wall Street analysts saying about Sanmina stock?
Here are some recent quotes from research analysts about Sanmina stock:
- 1. According to Zacks Investment Research, "Sanmina Corporation is engaged in providing electronics contract manufacturing services. It focuses on engineering and fabricating complex components and also on providing complete end-to-end supply chain solutions to Original Equipment Manufacturers. The Company's services include product design and engineering, including initial development, detailed design, prototyping, validation, preproduction services and manufacturing design release; manufacturing of components, subassemblies and complete systems; final system assembly and test; direct order fulfillment and logistics services, and after-market product service and support. Sanmina Corporation, formerly known as Sanmina-SCI Corp., is based in San Jose, California. " (4/4/2018)
- 2. Royal Bank of Canada analysts commented, "The company is expected to report 1Q17 earnings on Tuesday, May 2, after market close and host a call with investors at 4:30pm ET." (4/25/2017)
Who are some of Sanmina's key competitors?
Some companies that are related to Sanmina include Jabil (JBL), Plexus (PLXS), TTM Technologies (TTMI), Benchmark Electronics (BHE), Celestica (CLS), CTS (CTS), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), IEC Electronics (IEC), SMTC (SMTX), NanoDimension (NNDM), SigmaTron International (SGMA) and Eltek (ELTK).
Who are Sanmina's key executives?
Sanmina's management team includes the folowing people:
- Mr. Jure Sola, Co-Founder & Exec. Chairman (Age 67)
- Mr. Robert K. Eulau, CEO & Director (Age 56)
- Mr. Dennis R. Young, Exec. VP of Worldwide Sales & Marketing (Age 67)
- Mr. Alan McWilliams Reid, Exec. VP of Global HR (Age 55)
- Mr. David Robert Anderson, Exec. VP & CFO (Age 57)
Has Sanmina been receiving favorable news coverage?
Media headlines about SANM stock have trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sanmina earned a news impact score of 0.24 on Accern's scale. They also gave news stories about the electronics maker an impact score of 46.60 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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 $27.70.
How big of a company is Sanmina?
Sanmina has a market capitalization of $1.97 billion and generates $6.87 billion in revenue each year. The electronics maker earns $138.83 million in net income (profit) each year or $2.87 on an earnings per share basis. Sanmina employs 47,000 workers across the globe.
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 (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.
Sanmina (NASDAQ:SANM) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Sanmina in the last 12 months. Their average twelve-month price target is $37.25, suggesting that the stock has a possible upside of 34.48%. The high price target for SANM is $48.00 and the low price target for SANM is $31.00. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Hold | Hold | Buy |
| Consensus Rating Score: | 2.50 | 2.40 | 2.40 | 2.60 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $37.25 | $37.25 | $37.25 | $43.25 |
| Price Target Upside: | 34.48% upside | 37.45% upside | 37.45% upside | 11.61% upside |
Sanmina (NASDAQ:SANM) Consensus Price Target History
Sanmina (NASDAQ:SANM) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Sanmina (NASDAQ:SANM) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Sanmina (NASDAQ SANM) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.12%
Institutional Ownership Percentage: 93.51%
Sanmina (NASDAQ SANM) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/26/2018 | Joseph G Licata Jr | Director | Sell | 18,444 | $27.49 | $507,025.56 | 48,787 |  |
| 2/15/2018 | Wayne Shortridge | Director | Sell | 5,000 | $27.01 | $135,050.00 | | |
| 2/5/2018 | Brent Billinger | SVP | Buy | 1,500 | $26.33 | $39,495.00 | 18,004 | |
| 9/5/2017 | Robert K Eulau | VP | Sell | 10,000 | $37.21 | $372,100.00 | 180,000 | |
| 8/14/2017 | Robert K Eulau | VP | Sell | 10,000 | $36.95 | $369,500.00 | 190,000 | |
| 7/3/2017 | Robert K Eulau | VP | Sell | 10,000 | $38.40 | $384,000.00 | 200,000 | |
| 6/2/2017 | Robert K Eulau | VP | Sell | 10,000 | $37.97 | $379,700.00 | 210,000 | |
| 5/2/2017 | Robert K Eulau | VP | Sell | 10,000 | $37.10 | $371,000.00 | 220,000 | |
| 4/3/2017 | Robert K Eulau | VP | Sell | 10,000 | $39.98 | $399,800.00 | 191,176 | |
| 3/2/2017 | Robert K Eulau | VP | Sell | 86,730 | $39.62 | $3,436,242.60 | 236,730 | |
| 2/27/2017 | Neil R Bonke | Director | Sell | 15,503 | $40.52 | $628,181.56 | 11,615 | |
| 2/17/2017 | John Goldsberry | Director | Sell | 9,769 | $40.59 | $396,523.71 | 25,336 | |
| 2/15/2017 | Jure Sola | Chairman | Sell | 166,667 | $40.58 | $6,763,346.86 | 313,317 | |
| 2/7/2017 | David Robert Anderson | SVP | Sell | 50,833 | $39.98 | $2,032,303.34 | 32,833 | |
| 2/6/2017 | Alan Mcwilliams Reid | EVP | Sell | 10,833 | $40.04 | $433,753.32 | 31,259 | |
| 2/6/2017 | Jackie M Ward | Director | Sell | 50,000 | $40.03 | $2,001,500.00 | 96,463 | |
| 11/30/2016 | Joseph G Licata Jr | Director | Sell | 23,131 | $33.36 | $771,650.16 | 63,618 | |
| 11/23/2016 | Jackie M Ward | Director | Sell | 20,848 | $31.87 | $664,425.76 | 154,039 | |
| 11/21/2016 | Jackie M Ward | Director | Sell | 19,387 | $31.70 | $614,567.90 | 173,846 | |
| 11/18/2016 | Jure Sola | Chairman | Sell | 71,416 | $31.56 | $2,253,888.96 | 433,008 | |
| 11/11/2016 | Robert K Eulau | VP | Sell | 109,754 | $30.28 | $3,323,351.12 | 190,000 | |
| 11/8/2016 | Neil R Bonke | Director | Sell | 23,933 | $28.70 | $686,877.10 | 24,982 | |
| 8/29/2016 | John Goldsberry | Director | Sell | 13,178 | $26.59 | $350,403.02 | 29,505 | |
| 8/24/2016 | Alan Mcwilliams Reid | EVP | Sell | 10,000 | $26.45 | $264,500.00 | 10,184 | |
| 8/10/2016 | Wayne Shortridge | Director | Sell | 4,000 | $26.05 | $104,200.00 | 68,428 | |
| 8/9/2016 | Jure Sola | Chairman | Sell | 58,531 | $26.25 | $1,536,438.75 | 392,686 | |
| 5/24/2016 | Jackie M Ward | Director | Sell | 5,001 | $26.00 | $130,026.00 | 213,365 | |
| 5/16/2016 | Charles Kostalnick II | EVP | Sell | 15,834 | $25.24 | $399,650.16 | 63,334 | |
| 5/10/2016 | Wayne Shortridge | Director | Sell | 6,000 | $24.62 | $147,720.00 | 72,428 | |
| 5/4/2016 | Alan Mcwilliams Reid | EVP | Sell | 4,362 | $23.96 | $104,513.52 | 20,184 | |
| 5/3/2016 | John Goldsberry | Director | Sell | 11,047 | $24.04 | $265,569.88 | 39,510 | |
| 2/24/2016 | Wayne Shortridge | Director | Sell | 3,000 | $20.28 | $60,840.00 | 62,652 | |
| 11/11/2015 | John Goldsberry | Director | Sell | 12,377 | $23.76 | $294,077.52 | 30,007 | |
| 11/6/2015 | Neil R Bonke | Director | Sell | 2,500 | $24.37 | $60,925.00 | 9,117 | |
| 11/5/2015 | Neil R Bonke | Director | Sell | 40,396 | $24.40 | $985,662.40 | 11,617 | |
| 2/25/2015 | Alan Mcwilliams Reid | VP | Sell | 4,683 | $22.85 | $107,006.55 | | |
| 11/21/2014 | Dennis Young | VP | Sell | 221,621 | $24.72 | $5,478,471.12 | | |
| 11/19/2014 | Jure Sola | CEO | Sell | 29,833 | $24.48 | $730,311.84 | | |
| 11/18/2014 | Dennis Young | EVP | Sell | 40,063 | $25.00 | $1,001,575.00 | | |
| 11/18/2014 | Jure Sola | CEO | Sell | 4,457 | $24.86 | $110,801.02 | | |
| 11/3/2014 | Robert K Eulau | CFO | Sell | 85,272 | $25.08 | $2,138,621.76 | | |
| 8/25/2014 | Wayne Shortridge | Director | Sell | 6,000 | $23.85 | $143,100.00 | | |
| 8/8/2014 | Joseph G Licata Jr | Director | Sell | 38,034 | $23.39 | $889,615.26 | | |
| 8/6/2014 | Jure Sola | CEO | Sell | 100,000 | $23.51 | $2,351,000.00 | | |
| 8/5/2014 | Wayne Shortridge | Director | Sell | 6,000 | $23.56 | $141,360.00 | | |
| 7/28/2014 | David Robert Anderson | SVP | Sell | 6,875 | $23.76 | $163,350.00 | | |
| 5/14/2014 | Jure Sola | CEO | Sell | 99,334 | $20.79 | $2,065,153.86 | 385,829 | |
| 5/13/2014 | John Goldsberry | Director | Sell | 8,439 | $21.06 | $177,725.34 | 31,337 | |
| 5/2/2014 | Neil Bonke | Director | Sell | 34,716 | $20.54 | $713,066.64 | 72,059 | |
| 4/29/2014 | David Robert Anderson | SVP | Sell | 7,162 | $20.54 | $147,107.48 | 30,621 | |
| 8/19/2013 | Wayne Shortridge | Director | Sell | 3,880 | $16.22 | $62,933.60 | 66,946 | |
| 8/16/2013 | David Robert Anderson | SVP | Sell | 26,221 | $16.29 | $427,140.09 | 44,662 | |
| 8/15/2013 | Alan Mcwilliams Reid | VP | Sell | 7,500 | $16.32 | $122,400.00 | 28,000 | |
| 7/31/2013 | John Goldsberry | Director | Sell | 8,636 | $16.63 | $143,616.68 | | |
| 5/30/2013 | Michael R Tyler | VP | Sell | 48,447 | $13.35 | $646,767.45 | | |
| 5/23/2013 | Jackie M Ward | Director | Sell | 5,200 | $13.01 | $67,652.00 | | |
| 5/16/2013 | David Robert Anderson | SVP | Sell | 34,132 | $13.89 | $474,093.48 | | |
| 5/15/2013 | Joseph G Licata Jr | Director | Sell | 24,293 | $13.70 | $332,814.10 | | |
(Data available from 1/1/2013 forward)
Sanmina (NASDAQ SANM) News Headlines
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Sanmina (NASDAQ:SANM) SEC Filings
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Sanmina (NASDAQ:SANM) Income Statement, Balance Sheet and Cash Flow Statement
Sanmina (NASDAQ SANM) Stock Chart for Tuesday, April, 24, 2018
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