Sanmina Stock Price, News & Analysis (NASDAQ:SANM)

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

Sanmina Corp (NASDAQ:SANM) released its quarterly earnings data on Monday, July, 29th. The electronics maker reported $0.82 EPS for the quarter, topping the 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 period last year, the company earned $0.55 EPS. View Sanmina's Earnings History.

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

Sanmina updated its fourth quarter earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of $0.73-0.83 for the period, compared to the Thomson Reuters consensus earnings per share 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.

2 brokerages have issued 12-month price objectives for Sanmina's shares. Their forecasts range from $33.00 to $33.00. On average, they expect Sanmina's stock price to reach $33.00 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets 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.

News headlines about SANM stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sanmina earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave news stories about the electronics maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Sanmina.

Sanmina saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,920,000 shares, an increase of 8.5% from the August 30th total of 1,770,000 shares. Based on an average trading volume of 366,000 shares, the days-to-cover ratio is presently 5.2 days. Approximately 2.9% of the company's stock are sold short. View Sanmina's Current Options Chain.

Some companies that are related to Sanmina include Jabil (JBL), Flex (FLEX), Plexus (PLXS), TTM Technologies (TTMI), Benchmark Electronics (BHE), CTS (CTS), Celestica (CLS), Kimball Electronics (KE), Park Electrochemical (PKE), IEC Electronics (IEC), SMTC (SMTX), SigmaTron International (SGMA), Eltek (ELTK) and NANO DIMENSION/S (NNDM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanmina investors own include Southwest Airlines (LUV), Twitter (TWTR), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Mastercard (MA), Square (SQ), Visa (V) and Adobe (ADBE).

Sanmina's stock is owned by many different of institutional and retail investors. Top institutional investors include Skyline Asset Management LP (0.51%), Reilly Financial Advisors LLC (0.42%), Peregrine Capital Management LLC (0.36%), Assenagon Asset Management S.A. (0.12%), Bowling Portfolio Management LLC (0.08%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Sanmina stock include Alan Mcwilliams Reid, Brent Billinger, David Robert Anderson, John Goldsberry, Joseph G Licata Jr, Jure Sola and Wayne Shortridge. View Institutional Ownership Trends for Sanmina.

SANM stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Peregrine Capital Management LLC. 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.

SANM stock was acquired by a variety of institutional investors in the last quarter, including Reilly Financial Advisors LLC, State of Alaska Department of Revenue, Pacer Advisors Inc., Bowling Portfolio Management LLC, Campbell & CO Investment Adviser LLC, Envestnet Asset Management Inc., Meeder Asset Management Inc. and Delphi Management Inc. MA. View Insider Buying and Selling for 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.

One share of SANM stock can currently be purchased for approximately $31.48.

Sanmina has a market capitalization of $2.19 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.

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

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]