Sanmina Corporation (SANM)
Sanmina: A Speculative Bet On Cloud, Cash, And Capital Discipline
Sanmina Corporation, a leading integrated manufacturing solutions provider, has two main segments: Integrated Manufacturing Solutions and Components, Products, and Services. The stock has shown steady growth, gaining around 130% over five years, with recent Q1 2025 earnings beating estimates. Q1 2025 non-GAAP EPS of $1.44 and revenue of $2.01B both exceeded expectations, indicating strong performance.
Sanmina Corporation (SANM) Q1 2025 Earnings Call Transcript
Sanmina Corporation (NASDAQ:SANM ) Q1 2025 Earnings Conference Call January 27, 2025 5:00 PM ET Company Participants Paige Melching - SVP, Investor Communications Jure Sola - Chairman & CEO Jon Faust - EVP & CFO Conference Call Participants Ruplu Bhattacharya - Bank of America Steven Fox - Fox Advisors Anja Soderstrom - Sidoti Operator Good afternoon, ladies and gentlemen, and welcome to the Sanmina's First Quarter Fiscal 2025 Earnings Conference Call. At this time, all lines are in listen-only mode.
Sanmina (SANM) Beats Q1 Earnings and Revenue Estimates
Sanmina (SANM) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.30 per share a year ago.
Sanmina Corporation (SANM) Q4 2024 Earnings Call Transcript
Sanmina Corporation (SANM) Q4 2024 Earnings Call Transcript
Sanmina (SANM) Q4 Earnings and Revenues Top Estimates
Sanmina (SANM) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.42 per share a year ago.
Dialight plunges as it reviews jury verdict over Sanmina trial
Shares in Dialight PLC (LSE:DIA) fell 17% to 208p after the conclusion of the trial with its former manufacturing partner, Sanmina Corporation. After a mistrial was declared back in July, a rescheduled hearing began on 9 September, the judgments will be fully released by the court "in due course", the company said.
Sanmina Corporation (SANM) Q3 2024 Earnings Call Transcript
Sanmina Corporation (NASDAQ:SANM ) Q3 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Company Participants Paige Melching - Senior Vice President, Investor Communications Jure Sola - Chairman and CEO Jon Faust - Executive Vice President and CFO Conference Call Participants Ruplu Bhattacharya - Bank of America Steven Fox - Fox Advisors Christian Schwab - Craig-Hallum Capital Group Operator Good afternoon, ladies and gentlemen. And welcome to the Sanmina Corporation Third Quarter Fiscal 2024 Earnings Conference Call.
Sanmina (SANM) Misses Q3 Earnings and Revenue Estimates
Sanmina (SANM) came out with quarterly earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.55 per share a year ago.
Russell Investments Group Ltd. Purchases 579 Shares of Sanmina Co. (NASDAQ:SANM)
Russell Investments Group Ltd. increased its position in Sanmina Co. (NASDAQ:SANM – Free Report) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,992 shares of the electronics maker’s stock after acquiring an additional 579 shares during the period. Russell Investments Group Ltd.’s holdings in Sanmina were worth $924,000 at the end of the most recent reporting period. Other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of Sanmina by 21.2% during the 4th quarter. Blue Trust Inc. now owns 2,448 shares of the electronics maker’s stock valued at $133,000 after purchasing an additional 428 shares during the period. CI Investments Inc. grew its position in Sanmina by 3,686.4% during the third quarter. CI Investments Inc. now owns 3,067 shares of the electronics maker’s stock valued at $166,000 after buying an additional 2,986 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Sanmina during the third quarter valued at approximately $232,000. Headlands Technologies LLC raised its position in Sanmina by 31.7% in the third quarter. Headlands Technologies LLC now owns 4,294 shares of the electronics maker’s stock worth $233,000 after acquiring an additional 1,034 shares during the period. Finally, Duality Advisers LP purchased a new position in shares of Sanmina during the 3rd quarter worth $239,000. Hedge funds and other institutional investors own 92.71% of the company’s stock. Insiders Place Their Bets In other news, EVP Alan Mcwilliams Reid sold 3,528 shares of Sanmina stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $65.43, for a total transaction of $230,837.04. Following the sale, the executive vice president now owns 37,651 shares in the company, valued at $2,463,504.93. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, EVP Alan Mcwilliams Reid sold 3,528 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $65.43, for a total transaction of $230,837.04. Following the completion of the transaction, the executive vice president now owns 37,651 shares in the company, valued at $2,463,504.93. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Eugene A. Delaney sold 7,181 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $64.91, for a total value of $466,118.71. Following the completion of the sale, the director now owns 100,887 shares in the company, valued at $6,548,575.17. The disclosure for this sale can be found here. Insiders sold 11,103 shares of company stock worth $720,600 in the last three months. 3.09% of the stock is owned by company insiders. Wall Street Analyst Weigh In SANM has been the topic of a number of recent research reports. Craig Hallum reaffirmed a “hold” rating and issued a $62.00 target price on shares of Sanmina in a report on Tuesday, April 30th. Fox Advisors assumed coverage on Sanmina in a research note on Wednesday, March 6th. They issued an “overweight” rating and a $80.00 price objective on the stock. Read Our Latest Report on SANM Sanmina Stock Up 1.9 % Shares of SANM stock opened at $66.99 on Monday. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 15.84, a PEG ratio of 1.02 and a beta of 1.01. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.00 and a quick ratio of 1.25. The company’s fifty day moving average price is $61.60 and its 200-day moving average price is $56.64. Sanmina Co. has a one year low of $43.40 and a one year high of $69.69. Sanmina (NASDAQ:SANM – Get Free Report) last posted its quarterly earnings results on Monday, April 29th. The electronics maker reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.21. Sanmina had a return on equity of 11.98% and a net margin of 3.11%. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period last year, the firm earned $1.37 earnings per share. The business’s quarterly revenue was down 20.9% on a year-over-year basis. Sell-side analysts expect that Sanmina Co. will post 4.86 EPS for the current fiscal year. Sanmina Company Profile (Free Report) Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.
