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NASDAQ:SANM

Sanmina (SANM) Stock Price, News & Analysis

$64.26
-1.29 (-1.97%)
(As of 09/6/2024 ET)
Today's Range
$64.19
$65.81
50-Day Range
$64.26
$75.33
52-Week Range
$43.40
$76.84
Volume
408,042 shs
Average Volume
396,923 shs
Market Capitalization
$3.51 billion
P/E Ratio
15.19
Dividend Yield
N/A
Price Target
$62.33

Sanmina MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.0% Downside
$62.33 Price Target
Short Interest
Bearish
3.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.37
Upright™ Environmental Score
News Sentiment
1.40mentions of Sanmina in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$7.29 M Sold Last Quarter
Proj. Earnings Growth
19.58%
From $4.24 to $5.07 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.

3.25 out of 5 stars

Computer And Technology Sector

277th out of 594 stocks

Printed Circuit Boards Industry

7th out of 11 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

Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
The Returns At Sanmina (NASDAQ:SANM) Aren't Growing
JURE SOLA Exercises Options, Realizes $8.54M
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Sanmina Director Sold $323K In Company Stock
Sell Sanmina On Margin Deterioration
SANM Aug 2024 70.000 put
Board Member Of Sanmina Makes $650K Sale
See More Headlines
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Company Calendar

Last Earnings
7/29/2024
Today
9/07/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/04/2024

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
-3.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$309.97 million
Pretax Margin
4.18%

Debt

Sales & Book Value

Annual Sales
$8.94 billion
Cash Flow
$7.29 per share
Book Value
$42.85 per share

Miscellaneous

Free Float
54,076,000
Market Cap
$3.51 billion
Optionable
Optionable
Beta
0.90
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Key Executives


SANM Stock Analysis - Frequently Asked Questions

How have SANM shares performed this year?

Sanmina's stock was trading at $51.37 on January 1st, 2024. Since then, SANM stock has increased by 25.1% and is now trading at $64.26.
View the best growth stocks for 2024 here
.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) released its quarterly earnings results on Monday, July, 29th. The electronics maker reported $1.25 EPS for the quarter, missing the consensus estimate of $1.28 by $0.03. Sanmina's revenue for the quarter was down 16.6% on a year-over-year basis.

Is Sanmina doing a stock buyback?

Sanmina's Board of Directors approved a stock buyback plan on Thursday, May 11th 2023, which permits the company to buy back $200,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 6.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management 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 shareholders of Sanmina include Dimensional Fund Advisors LP (7.78%), LSV Asset Management (3.23%), D. E. Shaw & Co. Inc. (2.14%) and Earnest Partners LLC (2.05%). Insiders that own company stock include Jure Sola, Eugene A Delaney, Kurt Adzema, Alan Mcwilliams Reid, Krish A Prabhu, 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 9/7/2024 by MarketBeat.com Staff

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