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NASDAQ:SANM

Sanmina (SANM) Stock Price, News & Analysis

$74.33
+1.08 (+1.47%)
(As of 07/26/2024 ET)
Today's Range
$73.59
$75.35
50-Day Range
$65.03
$74.33
52-Week Range
$43.40
$75.35
Volume
265,739 shs
Average Volume
428,888 shs
Market Capitalization
$4.15 billion
P/E Ratio
17.57
Dividend Yield
N/A
Price Target
$62.33

Sanmina MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.1% Downside
$62.33 Price Target
Short Interest
Bearish
2.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.37
Upright™ Environmental Score
News Sentiment
0.45mentions of Sanmina in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$696,956 Sold Last Quarter
Proj. Earnings Growth
32.83%
From $4.63 to $6.15 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.

3.27 out of 5 stars

Computer And Technology Sector

287th out of 612 stocks

Printed Circuit Boards Industry

6th 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

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Sanmina (NASDAQ:SANM) Downgraded by StockNews.com
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
3 Breakout Stocks to Transform $5,000 Into $50,000
Sanmina Corp
Top 20 Tech Companies in Silicon Valley
Craig-Hallum Downgrades Sanmina (SANM)
See More Headlines
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Company Calendar

Last Earnings
4/29/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/29/2024
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
$62.33
High Stock Price Target
$80.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-16.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$309.97 million
Pretax Margin
4.29%

Debt

Sales & Book Value

Annual Sales
$8.94 billion
Cash Flow
$7.81 per share
Book Value
$39.84 per share

Miscellaneous

Free Float
54,076,000
Market Cap
$4.15 billion
Optionable
Optionable
Beta
0.92
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SANM Stock Analysis - Frequently Asked Questions

How have SANM shares performed this year?

Sanmina's stock was trading at $51.37 at the beginning of 2024. Since then, SANM stock has increased by 44.7% and is now trading at $74.33.
View the best growth stocks for 2024 here
.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) issued its earnings results on Monday, April, 29th. The electronics maker reported $1.30 EPS for the quarter, topping the consensus estimate of $1.09 by $0.21. The business's revenue was down 20.9% compared to the same quarter last year.

Is Sanmina doing a stock buyback?

Sanmina's Board of Directors authorized a stock repurchase plan on Thursday, May 11th 2023, which authorizes the company to repurchase $200,000,000 in shares, according to EventVestor. This means that the company could buy up to 6.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.

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.

Who are Sanmina's major shareholders?

Top institutional investors of Sanmina include Bank of New York Mellon Corp (1.04%), Assenagon Asset Management S.A. (0.88%), Allspring Global Investments Holdings LLC (0.21%) and Wedge Capital Management L L P NC (0.13%). Insiders that own company stock include Jure Sola, Eugene A Delaney, Kurt Adzema, Alan Mcwilliams Reid, John Goldsberry, Susan A Johnson, David V Hedley III and Brent Billinger.
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.

What other stocks do shareholders of Sanmina own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sanmina investors own include Southwest Airlines (LUV), Advanced Micro Devices (AMD), NVIDIA (NVDA), Skyworks Solutions (SWKS), Micron Technology (MU), Intel (INTC) and AbbVie (ABBV).

This page (NASDAQ:SANM) was last updated on 7/26/2024 by MarketBeat.com Staff

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