Sanmina (NASDAQ:SANM – Get Free Report) updated its FY 2027 earnings guidance on Monday morning. The company provided EPS guidance of 15.500-17.500 for the period, compared to the consensus estimate of 13.900. The company issued revenue guidance of $17.5 billion-$19.5 billion, compared to the consensus revenue estimate of $16.7 billion. Sanmina also updated its Q1 2027 guidance to 3.500-3.850 EPS.
Sanmina Price Performance
Shares of NASDAQ:SANM traded up $14.96 during trading on Monday, reaching $149.64. The stock had a trading volume of 1,475,793 shares, compared to its average volume of 873,058. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06. The stock has a market capitalization 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 business’s 50-day moving average price is $193.26 and its 200 day moving average price is $190.72. Sanmina has a 52 week low of $118.10 and a 52 week high of $288.68.
Sanmina (NASDAQ:SANM – Get Free Report) last announced its earnings results on Monday, November 9th. The electronics maker reported $4.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.27 by $1.16. The company had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.48 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. Sanmina has set its Q1 2027 guidance at 3.500-3.850 EPS and its FY 2027 guidance at 15.500-17.500 EPS. As a group, equities analysts predict that Sanmina will post 10.74 earnings per share for the current year.
Analyst Ratings Changes
SANM has been the topic of several recent research reports. JPMorgan Chase & Co. reduced their target price on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Zacks Research downgraded shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 11th. Finally, Weiss Ratings lowered shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 18th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Sanmina has a consensus rating of “Hold” and a consensus price target of $198.33.
Get Our Latest Research Report on SANM
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.
Read More
- Five stocks we like better than Sanmina
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Sanmina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanmina and related companies with MarketBeat.com's FREE daily email newsletter.
