S&P 500   4,967.23
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Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
NASDAQ:SANM

Sanmina (SANM) Stock Price, News & Analysis

$57.79
-0.43 (-0.74%)
(As of 04/19/2024 ET)
Today's Range
$57.66
$58.80
50-Day Range
$57.79
$65.82
52-Week Range
$43.40
$69.69
Volume
407,706 shs
Average Volume
265,306 shs
Market Capitalization
$3.28 billion
P/E Ratio
12.48
Dividend Yield
N/A
Price Target
$62.50

Sanmina MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.2% Upside
$62.50 Price Target
Short Interest
Healthy
2.12% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.37
Upright™ Environmental Score
News Sentiment
0.85mentions of Sanmina in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$84,284 Sold Last Quarter
Proj. Earnings Growth
30.64%
From $4.70 to $6.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.27 out of 5 stars

Computer And Technology Sector

139th out of 581 stocks

Printed Circuit Boards Industry

2nd out of 10 stocks

SANM stock logo

About Sanmina Stock (NASDAQ:SANM)

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems. In addition, the company provides components, such as printed circuit boards, backplane and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace product, design, manufacturing, repair, and refurbishment services; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions. Sanmina Corporation was incorporated in 1980 and is headquartered in San Jose, California.

SANM Stock Price History

SANM Stock News Headlines

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
Sanmina: A Balancing Act
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
SANM Jul 2024 30.000 put
13 Best Electronic Stocks To Buy Now
SANM Mar 2024 50.000 put
What To Do After Sanmina Gained Over 20%
Sanmina Shares Climb 15% on Upbeat 2Q Forecast
See More Headlines
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Company Calendar

Last Earnings
1/29/2024
Today
4/20/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
Current Symbol
NASDAQ:SANM
CUSIP
80105610
Employees
34,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$62.50
High Stock Price Target
$80.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$309.97 million
Pretax Margin
4.48%

Debt

Sales & Book Value

Annual Sales
$8.94 billion
Cash Flow
$7.54 per share
Book Value
$39.84 per share

Miscellaneous

Free Float
55,045,000
Market Cap
$3.28 billion
Optionable
Optionable
Beta
1.04
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SANM Stock Analysis - Frequently Asked Questions

Should I buy or sell Sanmina stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SANM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SANM, but not buy additional shares or sell existing shares.
View SANM analyst ratings
or view top-rated stocks.

What is Sanmina's stock price target for 2024?

2 analysts have issued 12 month price objectives for Sanmina's stock. Their SANM share price targets range from $45.00 to $80.00. On average, they predict the company's share price to reach $62.50 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for SANM
or view top-rated stocks among Wall Street analysts.

How have SANM shares performed in 2024?

Sanmina's stock was trading at $51.37 at the start of the year. Since then, SANM shares have increased by 12.5% and is now trading at $57.79.
View the best growth stocks for 2024 here
.

When is Sanmina's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SANM earnings forecast
.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) posted its quarterly earnings data on Monday, January, 29th. The electronics maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.22 by $0.08. The electronics maker earned $1.87 billion during the quarter, compared to analysts' expectations of $1.87 billion. Sanmina had a net margin of 3.25% and a trailing twelve-month return on equity of 13.16%. Sanmina's revenue was down 20.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.49 EPS.

How will Sanmina's stock buyback program work?

Sanmina announced that its Board of Directors has initiated a stock repurchase plan on Thursday, May 11th 2023, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

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

Sanmina issued an update on its second quarter 2024 earnings guidance on Monday, January, 29th. The company provided earnings per share (EPS) guidance of 1.200-1.300 for the period, compared to the consensus EPS estimate of 1.090. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

What is Michael Clarke's approval rating as Sanmina's CEO?

75 employees have rated Sanmina Chief Executive Officer Michael Clarke on Glassdoor.com. Michael Clarke has an approval rating of 77% among the company's employees.

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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Skyworks Solutions (SWKS), Micron Technology (MU), Intel (INTC), AbbVie (ABBV), Tesla (TSLA), Pfizer (PFE) and QUALCOMM (QCOM).

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a variety of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.19%), Allspring Global Investments Holdings LLC (0.13%), Pacifica Partners Inc. (0.04%), Maryland State Retirement & Pension System (0.04%), Diversified Trust Co (0.03%) and CWM LLC (0.01%). Insiders that own company stock include Alan Mcwilliams Reid, Andrew C Petrik, Brent Billinger, David V Hedley III, Eugene A Delaney, John Goldsberry, Jure Sola, Kurt Adzema and Susan A Johnson.
View institutional ownership trends
.

How do I buy shares of Sanmina?

Shares of SANM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SANM) was last updated on 4/20/2024 by MarketBeat.com Staff

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