Sanmina Corporation (SANM) – What Are Investment Firms Saying About This Stock?

Sanmina Corporation (NASDAQ:SANM) has been assigned an average rating of “Hold” from the five ratings firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $198.33.

SANM has been the subject of several analyst reports. Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Weiss Ratings downgraded Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 18th. JPMorgan Chase & Co. dropped their price target on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Finally, Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 11th.

Sanmina Trading Down 2.9%

Shares of NASDAQ:SANM opened at $188.74 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $10.12 billion, a PE ratio of 33.76, a P/E/G ratio of 0.55 and a beta of 1.60. Sanmina has a 1 year low of $118.10 and a 1 year high of $288.68. The firm has a fifty day moving average price of $205.57 and a 200 day moving average price of $210.10.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. The company had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.40 billion. Sanmina had a return on equity of 19.08% and a net margin of 2.41%. The business’s quarterly revenue was up 69.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.53 earnings per share. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Analysts expect that Sanmina will post 10.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in Sanmina in the 2nd quarter worth $1,390,702,000. Bank of America Corp DE acquired a new position in Sanmina during the 2nd quarter worth $189,012,000. Alyeska Investment Group L.P. boosted its holdings in Sanmina by 365.4% during the second quarter. Alyeska Investment Group L.P. now owns 504,067 shares of the electronics maker’s stock valued at $127,569,000 after acquiring an additional 395,764 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in Sanmina by 57.5% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock valued at $98,833,000 after acquiring an additional 278,465 shares during the period. Finally, Hennessy Advisors Inc. boosted its holdings in Sanmina by 13.9% during the second quarter. Hennessy Advisors Inc. now owns 347,400 shares of the electronics maker’s stock valued at $87,920,000 after acquiring an additional 42,500 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Company Profile

Sanmina Corporation is an integrated manufacturing solutions provider serving original equipment manufacturers in industries including communications, cloud infrastructure, industrial, medical, defense and aerospace, automotive, and consumer products. The company supports customers across the product life cycle, from design and engineering through manufacturing, testing, supply chain management, logistics, repair, and aftermarket services.

Its capabilities include printed circuit board assembly, systems integration, enclosure and mechanical manufacturing, optical and semiconductor-related technologies, and the production of complete electronic and electromechanical systems.