NASDAQ:SANM - Sanmina Stock Price, News, & Analysis

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$32.73 +0.21 (+0.65 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$32.73
Today's Range$32.53 - $32.92
52-Week Range$22.30 - $34.30
Volume320,729 shs
Average Volume654,485 shs
Market Capitalization$2.24 billion
P/E Ratio13.27
Dividend YieldN/A
Beta1.06
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. 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. The company offers its products and services to companies that serve the communications networks, computing and data storage, industrial, defense and aerospace, medical, automotive, energy, and other 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.

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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$4.2178 per share
Book Value$22.40 per share

Profitability

Net Income$-95,530,000.00

Miscellaneous

Employees47,000
Market Cap$2.24 billion
Next Earnings Date4/22/2019 (Estimated)
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 stock repurchase plan on Tuesday, September 19th 2017, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 77% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) announced its quarterly earnings results on Monday, January, 28th. The electronics maker reported $0.83 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.12. The electronics maker earned $2.19 billion during the quarter, compared to the consensus estimate of $1.90 billion. Sanmina had a return on equity of 11.86% and a net margin of 1.35%. The firm's quarterly revenue was up 25.4% compared to the same quarter last year. During the same period last year, the firm earned $0.48 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, April 22nd 2019. View Earnings Estimates for Sanmina.

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

Sanmina updated its second quarter earnings guidance on Monday, January, 28th. The company provided EPS guidance of $0.70-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.66. The company issued revenue guidance of $1.9-2.0 billion, compared to the consensus revenue estimate of $1.82 billion.Sanmina also updated its Q2 2019 guidance to $0.70-0.80 EPS.

What price target have analysts set for SANM?

3 brokerages have issued 12 month target prices for Sanmina's stock. Their forecasts range from $33.00 to $40.00. On average, they expect Sanmina's stock price to reach $36.00 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View Analyst Price Targets for Sanmina.

What is the consensus analysts' recommendation for Sanmina?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 2 hold ratings and 1 buy rating 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 somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sanmina earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the electronics maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Are investors shorting Sanmina?

Sanmina saw a decline in short interest in January. As of January 15th, there was short interest totalling 878,062 shares, a decline of 29.3% from the December 31st total of 1,242,167 shares. Based on an average daily volume of 356,206 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.3% of the company's stock 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), Twitter (TWTR), Micron Technology (MU), Square (SQ), NVIDIA (NVDA), TiVo (TIVO), Vipshop (VIPS), Valero Energy (VLO), Intel (INTC) and Veeva Systems (VEEV).

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 investors include BlackRock Inc. (14.68%), Dimensional Fund Advisors LP (8.39%), LSV Asset Management (5.29%), Diamond Hill Capital Management Inc. (4.49%), Donald Smith & CO. Inc. (2.10%) and D. E. Shaw & Co. Inc. (1.42%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry, Joseph G Licata Jr, Jure Sola, Neil R Bonke, 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 Victory Capital Management Inc., Royce & Associates LP, Mackay Shields LLC, Bank of America Corp DE, KBC Group NV, Dimensional Fund Advisors LP, Skyline Asset Management LP and Virginia Retirement Systems ET AL. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, David Robert Anderson, John Goldsberry, Joseph G Licata Jr, Jure Sola and Wayne Shortridge. 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 Oregon Public Employees Retirement Fund, Rothschild & Co. Asset Management US Inc., D. E. Shaw & Co. Inc., BlackRock Inc., Diamond Hill Capital Management Inc., Brandywine Global Investment Management LLC, Prudential Financial Inc. and Peregrine Capital Management LLC. 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 $32.73.

How big of a company is Sanmina?

Sanmina has a market capitalization of $2.24 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.

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:  335 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  661
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 2/23/2019 by MarketBeat.com Staff

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