Sanmina (NASDAQ:SANM) Posts Quarterly Earnings Results, Beats Expectations By $1.16 EPS

Sanmina (NASDAQ:SANM) released its quarterly earnings data on Monday. The electronics maker reported $4.43 EPS for the quarter, topping analysts’ consensus estimates of $3.27 by $1.16, FiscalAI reports. The business had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $3.48 billion. Sanmina had a return on equity of 19.08% and a net margin of 2.41%. Sanmina updated its Q1 2027 guidance to 3.500-3.850 EPS and its FY 2027 guidance to 15.500-17.500 EPS.

Sanmina Stock Up 11.1%

Shares of NASDAQ:SANM traded up $14.96 during midday trading on Monday, hitting $149.64. 1,537,985 shares of the company’s stock traded hands, compared to its average volume of 875,211. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78. The company has a market cap of $8.02 billion, a PE ratio of 26.77, a P/E/G ratio of 0.37 and a beta of 1.72. The firm’s fifty day moving average price is $193.26 and its two-hundred day moving average price is $190.72. Sanmina has a twelve month low of $118.10 and a twelve month high of $288.68.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on SANM shares. Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 18th. JPMorgan Chase & Co. reduced their price objective on Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 11th. Finally, Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Sanmina presently has an average rating of “Hold” and an average price target of $198.33.

Sanmina Company Profile

Sanmina Corporation is a provider of integrated manufacturing solutions for companies that develop complex electronic, optical, and electromechanical products. Its services span product design and engineering, supply-chain management, manufacturing, and logistics, as well as repair and other aftermarket support.

The company serves customers in markets that include communications networks, cloud and data-center infrastructure, medical and life sciences, automotive, industrial equipment, and aerospace and defense.