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NASDAQ:SANMSanmina Stock Price, Forecast & News

$28.68
+0.66 (+2.36 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$28.49
Now: $28.68
$29.36
50-Day Range
$24.55
MA: $26.64
$28.77
52-Week Range
$18.34
Now: $28.68
$34.96
Volume521,936 shs
Average Volume408,885 shs
Market Capitalization$1.96 billion
P/E Ratio19.51
Dividend YieldN/A
Beta0.92
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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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.40 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.23 billion
Cash Flow$4.95 per share
Book Value$23.60 per share

Profitability

Net Income$141.51 million

Miscellaneous

Employees43,000
Market Cap$1.96 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Sanmina (NASDAQ:SANM) Frequently Asked Questions

How has Sanmina's stock been impacted by COVID-19 (Coronavirus)?

Sanmina's stock was trading at $23.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SANM shares have increased by 20.4% and is now trading at $28.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Sanmina's next earnings date?

Sanmina is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Sanmina.

How were Sanmina's earnings last quarter?

Sanmina Corp (NASDAQ:SANM) released its quarterly earnings data on Monday, April, 27th. The electronics maker reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by $0.23. The electronics maker had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $1.64 billion. Sanmina had a net margin of 1.44% and a return on equity of 10.40%. Sanmina's quarterly revenue was up 21.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.91 earnings per share. 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, 27th. The company provided earnings per share (EPS) guidance of $0.30-$0.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.59. The company issued revenue guidance of $1.50-$1.60 billion, compared to the consensus revenue estimate of $1.63 billion.

What price target have analysts set for SANM?

2 analysts have issued 1-year target prices for Sanmina's stock. Their forecasts range from $30.00 to $30.00. On average, they expect Sanmina's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View analysts' price targets for Sanmina.

Has Sanmina been receiving favorable news coverage?

News stories about SANM stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sanmina earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media 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 impact on the company's share price in the next several days. View the latest news aboutSanmina.

Are investors shorting Sanmina?

Sanmina saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,630,000 shares, a drop of 7.9% from the April 30th total of 1,770,000 shares. Based on an average daily trading volume, of 526,500 shares, the short-interest ratio is presently 3.1 days. Currently, 2.5% of the company's stock 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), Vipshop (VIPS), NVIDIA (NVDA), Square (SQ), Twitter (TWTR), Alibaba Group (BABA), FireEye (FEYE), General Motors (GM), Mastercard (MA) and Netflix (NFLX).

Who are Sanmina's key executives?

Sanmina's management team includes the following 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)

What is Sanmina's stock symbol?

Sanmina trades on the NASDAQ under the ticker symbol "SANM."

Who are Sanmina's major shareholders?

Sanmina's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.59%), State Street Corp (3.51%), Diamond Hill Capital Management Inc. (2.84%), JPMorgan Chase & Co. (1.80%), Nuveen Asset Management LLC (1.65%) and Geode Capital Management LLC (1.51%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, Dennis Young, John Goldsberry and Jure Sola. 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 Neumeier Poma Investment Counsel LLC, Deutsche Bank AG, BlackRock Inc., Diamond Hill Capital Management Inc., Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Sanmina company stock in the last year include Alan Mcwilliams Reid, Brent Billinger, Dennis Young, John Goldsberry, and Jure Sola. View insider buying and selling activity for Sanmina.

Which major investors are buying Sanmina stock?

SANM stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Fuller & Thaler Asset Management Inc., State Street Corp, New York State Common Retirement Fund, First Quadrant L P CA, Eaton Vance Management, Schroder Investment Management Group, and Canada Pension Plan Investment Board. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $28.68.

How big of a company is Sanmina?

Sanmina has a market capitalization of $1.96 billion and generates $8.23 billion in revenue each year. The electronics maker earns $141.51 million in net income (profit) each year or $3.06 on an earnings per share basis. Sanmina employs 43,000 workers across the globe.

What is Sanmina's official website?

The official website for Sanmina is 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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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