Sanmina Corporation (NASDAQ:SANM) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Sanmina Corporation (NASDAQ:SANM) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $155.00.

A number of research firms have weighed in on SANM. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. assumed coverage on shares of Sanmina in a research report on Monday. They set a “neutral” rating and a $145.00 target price on the stock. Finally, Argus upped their target price on shares of Sanmina to $200.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th.

Insider Activity

In related news, EVP Alan Mcwilliams Reid sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $148.45, for a total transaction of $519,575.00. Following the completion of the transaction, the executive vice president owned 33,981 shares in the company, valued at $5,044,479.45. This trade represents a 9.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David V. Hedley III sold 1,024 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $162.31, for a total value of $166,205.44. Following the completion of the sale, the director directly owned 6,340 shares in the company, valued at approximately $1,029,045.40. This represents a 13.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 14,599 shares of company stock worth $2,290,728. Company insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Optiver Holding B.V. grew its holdings in shares of Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 59 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Sanmina by 2.1% during the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock valued at $487,000 after purchasing an additional 68 shares during the last quarter. Vise Technologies Inc. boosted its position in Sanmina by 2.0% in the third quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock valued at $417,000 after buying an additional 71 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Sanmina by 7.7% in the third quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock valued at $129,000 after buying an additional 81 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Sanmina by 1.4% during the third quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock worth $667,000 after buying an additional 81 shares during the last quarter. 92.71% of the stock is owned by institutional investors.

Sanmina Stock Performance

SANM traded down $4.17 on Monday, hitting $126.73. 61,203 shares of the stock traded hands, compared to its average volume of 816,210. The business has a fifty day moving average price of $145.23 and a two-hundred day moving average price of $144.88. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $6.92 billion, a PE ratio of 30.04, a P/E/G ratio of 0.59 and a beta of 1.01. Sanmina has a 52 week low of $63.67 and a 52 week high of $185.29.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.23. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.09 billion. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.Sanmina’s revenue for the quarter was up 59.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, research analysts predict that Sanmina will post 5.15 EPS for the current fiscal 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.