Sidoti Csr Brokers Reduce Earnings Estimates for Sanmina

Sanmina Co. (NASDAQ:SANM - Free Report) - Research analysts at Sidoti Csr reduced their Q2 2025 earnings per share (EPS) estimates for Sanmina in a report released on Tuesday, January 28th. Sidoti Csr analyst A. Soderstrom now forecasts that the electronics maker will post earnings per share of $1.14 for the quarter, down from their prior estimate of $1.15. The consensus estimate for Sanmina's current full-year earnings is $5.15 per share. Sidoti Csr also issued estimates for Sanmina's Q4 2025 earnings at $1.42 EPS, FY2025 earnings at $5.15 EPS, Q2 2026 earnings at $1.48 EPS, Q4 2026 earnings at $1.67 EPS and FY2026 earnings at $6.27 EPS.

Sanmina (NASDAQ:SANM - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The electronics maker reported $1.43 earnings per share 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 company had revenue of $2.02 billion for the quarter, compared to analysts' expectations of $1.96 billion. During the same period in the prior year, the business earned $1.20 earnings per share. Sanmina's revenue for the quarter was down 1.6% compared to the same quarter last year.

Other equities research analysts have also issued research reports about the company. Craig Hallum lifted their price target on Sanmina from $62.00 to $69.00 and gave the stock a "hold" rating in a research note on Tuesday, November 5th. Bank of America raised Sanmina from an "underperform" rating to a "neutral" rating and upped their target price for the stock from $58.00 to $92.00 in a research note on Wednesday, January 29th. Finally, StockNews.com raised shares of Sanmina from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, January 29th.

Sanmina Price Performance

SANM stock traded up $5.21 during midday trading on Friday, reaching $87.43. The company had a trading volume of 566,432 shares, compared to its average volume of 425,770. The firm has a 50-day moving average price of $79.54 and a 200-day moving average price of $73.65. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.06 and a quick ratio of 1.30. The company has a market capitalization of $4.75 billion, a P/E ratio of 21.38, a P/E/G ratio of 1.22 and a beta of 0.92. Sanmina has a 1 year low of $57.28 and a 1 year high of $87.53.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SANM. Wilmington Savings Fund Society FSB bought a new stake in Sanmina in the 3rd quarter worth $32,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Sanmina by 24.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 845 shares of the electronics maker's stock valued at $56,000 after buying an additional 164 shares during the period. R Squared Ltd bought a new position in shares of Sanmina during the fourth quarter valued at approximately $58,000. GAMMA Investing LLC lifted its stake in Sanmina by 88.5% in the third quarter. GAMMA Investing LLC now owns 931 shares of the electronics maker's stock worth $64,000 after acquiring an additional 437 shares during the period. Finally, Principal Securities Inc. boosted its holdings in Sanmina by 13.6% in the fourth quarter. Principal Securities Inc. now owns 1,388 shares of the electronics maker's stock valued at $105,000 after acquiring an additional 166 shares in the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Sanmina

In other Sanmina news, Director Eugene A. Delaney sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $83.50, for a total value of $835,000.00. Following the completion of the sale, the director now owns 77,120 shares in the company, valued at approximately $6,439,520. The trade was a 11.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.22% of the stock is currently owned by company insiders.

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

Sanmina Company Profile

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.