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S&P 500   4,191.98
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Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Final stage before digital money (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Final stage before digital money (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Final stage before digital money (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
NASDAQ:SANM

Sanmina (SANM) Stock Forecast, Price & News

$51.22
-0.23 (-0.45%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$51.12
$52.11
50-Day Range
$49.47
$60.99
52-Week Range
$38.36
$69.28
Volume
371,700 shs
Average Volume
450,048 shs
Market Capitalization
$2.99 billion
P/E Ratio
9.89
Dividend Yield
N/A
Price Target
$73.00

Sanmina MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.5% Upside
$73.00 Price Target
Short Interest
Bearish
3.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.37
Upright™ Environmental Score
News Sentiment
0.41mentions of Sanmina in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Computer And Technology Sector

285th out of 608 stocks

Printed Circuit Boards Industry

6th out of 10 stocks


SANM stock logo

About Sanmina (NASDAQ:SANM) Stock

Sanmina Corp. engages in the provision of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It operates through the following segments: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The IMS segment consists of printed circuit board assembly and test, final system assembly and test and direct-order-fulfillment. The CPS segment includes interconnect systems and mechanical systems. The company was founded by Jure Sola in 1980 and is headquartered in San Jose, CA.

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SANM Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
StockNews.com Lowers Sanmina (NASDAQ:SANM) to Buy
Sanmina (NASDAQ:SANM) Issues Q3 2023 Earnings Guidance
Q2 2023 Sanmina Corp Earnings Call
Spectrum Brands, Sanmina And 3 Stocks To Watch Heading Into Friday
Sanmina: Q2 Earnings Insights
Sanmina Corporation Reports Climb In Q2 Profit
See More Headlines
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SANM Company Calendar

Last Earnings
1/30/2023
Today
5/21/2023
Next Earnings (Estimated)
8/07/2023
Fiscal Year End
9/30/2023

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 Forecast
$73.00
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+42.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$256.12 million
Pretax Margin
4.36%

Debt

Sales & Book Value

Annual Sales
$7.89 billion
Cash Flow
$6.78 per share
Book Value
$38.01 per share

Miscellaneous

Free Float
56,590,000
Market Cap
$2.99 billion
Optionable
Optionable
Beta
1.16

Key Executives

  • Jure Sola
    Executive Chairman & Chief Executive Officer
  • Kurt Adzema
    Chief Financial Officer & Executive Vice President
  • Manesh Patel
    Chief Information Officer & Senior Vice President
  • Hari Pillai
    President-Components Technology
  • Man Wai Kan
    Vice President-Business Development













SANM Stock - Frequently Asked Questions

Should I buy or sell Sanmina stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sanmina in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SANM shares.
View SANM analyst ratings
or view top-rated stocks.

What is Sanmina's stock price forecast for 2023?

2 brokerages have issued twelve-month target prices for Sanmina's shares. Their SANM share price forecasts range from $65.00 to $78.00. On average, they predict the company's stock price to reach $73.00 in the next year. This suggests a possible upside of 42.5% from the stock's current price.
View analysts price targets for SANM
or view top-rated stocks among Wall Street analysts.

How have SANM shares performed in 2023?

Sanmina's stock was trading at $57.29 at the start of the year. Since then, SANM shares have decreased by 10.6% and is now trading at $51.22.
View the best growth stocks for 2023 here
.

Are investors shorting Sanmina?

Sanmina saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,040,000 shares, an increase of 22.9% from the April 15th total of 1,660,000 shares. Based on an average daily trading volume, of 370,100 shares, the short-interest ratio is currently 5.5 days. Approximately 3.6% of the company's stock are short sold.
View Sanmina's Short Interest
.

When is Sanmina's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our SANM earnings forecast
.

How were Sanmina's earnings last quarter?

Sanmina Co. (NASDAQ:SANM) posted its quarterly earnings data on Monday, January, 30th. The electronics maker reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.26. The electronics maker had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.15 billion. Sanmina had a trailing twelve-month return on equity of 16.03% and a net margin of 3.51%. The business's quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.94 EPS.

How will Sanmina's stock buyback program work?

Sanmina announced that its Board of Directors has authorized a stock buyback plan on Thursday, May 11th 2023, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued.

What guidance has Sanmina issued on next quarter's earnings?

Sanmina issued an update on its third quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $1.50-$1.60 for the period, compared to the consensus earnings per share estimate of $1.55. The company issued revenue guidance of $2.20 billion-$2.30 billion, compared to the consensus revenue estimate of $2.23 billion.

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.

What other stocks do shareholders of Sanmina own?

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

What is Sanmina's stock symbol?

Sanmina trades on the NASDAQ under the ticker symbol "SANM."

Who are Sanmina's major shareholders?

Sanmina's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.79%), Dimensional Fund Advisors LP (8.11%), State Street Corp (3.91%), LSV Asset Management (3.32%), Geode Capital Management LLC (2.12%) and Bank of America Corp DE (1.87%). Insiders that own company stock include Alan Mcwilliams Reid, Andrew C Petrik, Brent Billinger, John Goldsberry, Jure Sola and Kurt Adzema.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sanmina's stock price today?

One share of SANM stock can currently be purchased for approximately $51.22.

How much money does Sanmina make?

Sanmina (NASDAQ:SANM) has a market capitalization of $2.99 billion and generates $7.89 billion in revenue each year. The electronics maker earns $256.12 million in net income (profit) each year or $5.18 on an earnings per share basis.

How many employees does Sanmina have?

The company employs 34,000 workers across the globe.

How can I contact Sanmina?

Sanmina's mailing address is 2700 NORTH FIRST STREET, SAN JOSE CA, 95134. The official website for the company is www.sanmina.com. The electronics maker can be reached via phone at (408) 964-3500, via email at ir@sanmina.com, or via fax at 408-964-3440.

This page (NASDAQ:SANM) was last updated on 5/22/2023 by MarketBeat.com Staff

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