Sanmina (SANM) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $72.75 to $75.62
• 50-Day Range: $67.30 to $90.52
• 52-Week Range: $57.52 to $91.12
• Volume: 357,996 shs
• Average Volume: 393,971 shs
• Market Capitalization: $4.07 billion
• P/E Ratio: 18.32
• Dividend Yield: N/A
• Price Target: $80.50
• Consensus Rating: Hold

Sanmina Stock Analysis - MarketRank™

Sanmina scored higher than 75% of companies evaluated by MarketBeat, and ranked 250th out of 654 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sanmina has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sanmina has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 21.75%

Earnings Growth

Earnings for Sanmina are expected to grow by 21.75% in the coming year, from $5.15 to $6.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sanmina is 18.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sanmina is 18.32, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.38.

Price to Earnings Growth Ratio

Sanmina has a PEG Ratio of 1.29. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sanmina has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.27% of the float of Sanmina has been sold short.

Short Interest Ratio / Days to Cover

Sanmina has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sanmina has recently decreased by 4.80%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sanmina does not currently pay a dividend.

Dividend Growth

Sanmina does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.37

Percentage of Shares Shorted

2.27% of the float of Sanmina has been sold short.

Short Interest Ratio / Days to Cover

Sanmina has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sanmina has recently decreased by 4.80%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.23

News Sentiment

Sanmina has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Sanmina this week, compared to 6 articles on an average week.

MarketBeat Follows

Only 1 people have added Sanmina to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sanmina insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,821,682.00 in company stock.

Percentage Held by Insiders

Only 3.22% of the stock of Sanmina is held by insiders.

Percentage Held by Institutions

92.71% of the stock of Sanmina is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SANM Stock Analysis - Frequently Asked Questions

How have SANM shares performed this year?

Sanmina's stock was trading at $75.67 on January 1st, 2025. Since then, SANM stock has decreased by 1.0% and is now trading at $74.92.
View the best growth stocks for 2025 here.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) posted its quarterly earnings data on Monday, November, 4th. The electronics maker reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.37 by $0.06. The company's quarterly revenue was down 1.6% compared to the same quarter last year.
Read the conference call transcript.

Is Sanmina doing a stock buyback?

Sanmina's Board of Directors approved a stock buyback plan on Monday, January 27th 2025, which authorizes the company to repurchase $300,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 7.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

Who are Sanmina's major shareholders?

Sanmina's top institutional investors include Assenagon Asset Management S.A. (0.36%), Rhumbline Advisers (0.30%), GAMMA Investing LLC (0.24%) and Wedge Capital Management L L P NC (0.05%). Insiders that own company stock include Jure Sola, Mario M Rosati, Kurt Adzema, Eugene A Delaney, 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.

What other stocks do shareholders of Sanmina own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sanmina investors own include American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 4/17/2025
• Next Earnings (Estimated): 5/05/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Printed circuit boards
• Sub-Industry: Electronic Manufacturing Services
• Current Symbol: NASDAQ:SANM
• CIK: 897723
• Web: www.sanmina.com
• Phone: (408) 964-3500
• Fax: 408-964-3440
• Employees: 34,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $80.50
• High Stock Price Target: $92.00
• Low Stock Price Target: $69.00
• Potential Upside/Downside: +7.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.09
• Trailing P/E Ratio: 18.32
• Forward P/E Ratio: 14.55
• P/E Growth: 1.29
• Net Income: $222.54 million
• Net Margins: 2.99%
• Pretax Margin: 4.18%
• Return on Equity: 10.61%
• Return on Assets: 5.28%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 2.06
• Quick Ratio: 1.30

Sales & Book Value

• Annual Sales: $7.70 billion
• Price / Sales: 0.53
• Cash Flow: $5.66 per share
• Price / Cash Flow: 13.23
• Book Value: $44.57 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 54,325,000
• Free Float: 52,576,000
• Market Cap: $4.07 billion
• Optionable: Optionable
• Beta: 1.00