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NASDAQ:SANMSanmina Stock Price, Forecast & News

$24.77
+0.47 (+1.93 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$24.68
Now: $24.77
$25.38
50-Day Range
$23.92
MA: $26.03
$28.68
52-Week Range
$18.34
Now: $24.77
$34.96
Volume430,918 shs
Average Volume507,870 shs
Market Capitalization$1.69 billion
P/E Ratio16.85
Dividend YieldN/A
Beta0.9
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: 2.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.60 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$4.84 per share
Book Value$23.60 per share

Profitability

Net Income$141.51 million

Miscellaneous

Employees43,000
Market Cap$1.69 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 stock has increased by 4.0% and is now trading at $24.77. 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) issued its quarterly earnings results on Monday, April, 27th. The electronics maker reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.23. The electronics maker earned $2.59 billion during the quarter, compared to analyst estimates of $1.64 billion. Sanmina had a net margin of 1.44% and a return on equity of 10.40%. The business's revenue was up 21.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.91 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, 27th. The company provided EPS guidance of $0.30-$0.40 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts have issued 1 year target prices for Sanmina's shares. Their forecasts range from $30.00 to $30.00. On average, they anticipate Sanmina's stock price to reach $30.00 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for Sanmina.

Has Sanmina been receiving favorable news coverage?

Media coverage about SANM stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Sanmina earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave media headlines about the electronics maker a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View the latest news about Sanmina.

Are investors shorting Sanmina?

Sanmina saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,270,000 shares, a decline of 10.6% from the June 15th total of 1,420,000 shares. Based on an average trading volume of 487,500 shares, the short-interest ratio is presently 2.6 days. Approximately 1.9% of the shares of the 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), 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."

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 $24.77.

How big of a company is Sanmina?

Sanmina has a market capitalization of $1.69 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 7/5/2020 by MarketBeat.com Staff

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