Sidoti Csr Has Positive Estimate for Sanmina Q3 Earnings

Sanmina Co. (NASDAQ:SANM - Free Report) - Equities researchers at Sidoti Csr lifted their Q3 2025 EPS estimates for Sanmina in a research report issued to clients and investors on Tuesday, January 28th. Sidoti Csr analyst A. Soderstrom now expects that the electronics maker will earn $1.31 per share for the quarter, up from their previous estimate of $1.26. The consensus estimate for Sanmina's current full-year earnings is $5.15 per share. Sidoti Csr also issued estimates for Sanmina's Q1 2026 earnings at $1.44 EPS and Q3 2026 earnings at $1.56 EPS.

Sanmina (NASDAQ:SANM - Get Free Report) last announced its earnings results on Monday, November 4th. The electronics maker reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07. Sanmina had a net margin of 2.99% and a return on equity of 10.61%. The business had revenue of $2.02 billion during the quarter, compared to analysts' expectations of $1.96 billion. During the same quarter in the prior year, the company posted $1.20 earnings per share. The firm's revenue was down 1.6% on a year-over-year basis.

Several other research analysts have also recently commented on SANM. Bank of America upgraded shares of Sanmina from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $58.00 to $92.00 in a report on Wednesday, January 29th. Craig Hallum upped their price target on shares of Sanmina from $62.00 to $69.00 and gave the stock a "hold" rating in a research report on Tuesday, November 5th. Finally, StockNews.com raised shares of Sanmina from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, January 29th.

Sanmina Stock Down 1.8 %

SANM traded down $1.51 during trading hours on Thursday, hitting $82.22. 681,652 shares of the company's stock were exchanged, compared to its average volume of 427,055. Sanmina has a 1-year low of $57.28 and a 1-year high of $86.05. The stock's 50-day moving average is $79.47 and its two-hundred day moving average is $73.57. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 1.22 and a beta of 0.92. The company has a quick ratio of 1.30, a current ratio of 2.06 and a debt-to-equity ratio of 0.12.

Sanmina declared that its board has approved a stock buyback plan on Monday, January 27th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the electronics maker to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Eugene A. Delaney sold 10,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $83.50, for a total value of $835,000.00. Following the transaction, the director now directly owns 77,120 shares of the company's stock, valued at $6,439,520. This represents a 11.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.22% of the company's stock.

Hedge Funds Weigh In On Sanmina

Several large investors have recently modified their holdings of the stock. FMR LLC raised its position in shares of Sanmina by 5.0% in the third quarter. FMR LLC now owns 1,715,767 shares of the electronics maker's stock valued at $117,444,000 after purchasing an additional 82,409 shares during the period. Geode Capital Management LLC raised its position in shares of Sanmina by 2.4% in the third quarter. Geode Capital Management LLC now owns 1,515,128 shares of the electronics maker's stock valued at $103,727,000 after purchasing an additional 35,622 shares during the period. Franklin Resources Inc. raised its position in shares of Sanmina by 6.4% in the third quarter. Franklin Resources Inc. now owns 1,319,768 shares of the electronics maker's stock valued at $89,018,000 after purchasing an additional 79,565 shares during the period. Global Alpha Capital Management Ltd. raised its position in shares of Sanmina by 19.4% in the third quarter. Global Alpha Capital Management Ltd. now owns 922,391 shares of the electronics maker's stock valued at $63,138,000 after purchasing an additional 149,600 shares during the period. Finally, Allianz Asset Management GmbH raised its position in shares of Sanmina by 13.8% in the fourth quarter. Allianz Asset Management GmbH now owns 663,923 shares of the electronics maker's stock valued at $50,239,000 after purchasing an additional 80,574 shares during the period. 92.71% of the stock is owned by institutional investors.

About Sanmina

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.