Sanmina Corporation (NASDAQ:SANM) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Sanmina Corporation (NASDAQ:SANM) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $150.00.

A number of equities research analysts have recently commented on the company. Wall Street Zen raised Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Susquehanna assumed coverage on Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on Sanmina in a research report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price objective for the company. Finally, Weiss Ratings raised Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th.

Insider Transactions at Sanmina

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction on Friday, May 1st. The stock was sold at an average price of $218.17, for a total value of $218,170.00. Following the transaction, the executive vice president owned 31,481 shares in the company, valued at approximately $6,868,209.77. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jure Sola sold 118,368 shares of Sanmina stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total value of $27,087,333.12. Following the completion of the transaction, the chief executive officer owned 1,227,573 shares in the company, valued at $280,917,805.32. The trade was a 8.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 156,509 shares of company stock valued at $35,699,476 in the last ninety days. Company insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its holdings in Sanmina by 36.6% in the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 59 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Sanmina in the third quarter valued at $26,000. Employees Retirement System of Texas acquired a new position in Sanmina in the fourth quarter valued at $39,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Sanmina by 182.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after acquiring an additional 219 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Sanmina by 235.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock valued at $55,000 after acquiring an additional 259 shares during the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Price Performance

Shares of NASDAQ:SANM opened at $255.20 on Friday. The company has a market cap of $13.68 billion, a P/E ratio of 53.95, a P/E/G ratio of 0.95 and a beta of 1.54. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77. Sanmina has a 52 week low of $85.66 and a 52 week high of $288.68. The business has a fifty day simple moving average of $213.33 and a 200-day simple moving average of $172.00.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.74. The business had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.28 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business’s revenue for the quarter was up 102.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.16 earnings per share. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Equities research analysts forecast that Sanmina will post 9.36 EPS for the current year.

Sanmina Company Profile

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.