Sanmina (SANM) Projected to Post Quarterly Earnings on Monday

Sanmina (NASDAQ:SANM) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect Sanmina to post earnings of $1.38 per share and revenue of $1.97 billion for the quarter.

Sanmina Trading Up 2.5 %

Shares of SANM stock opened at $82.24 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.30 and a current ratio of 2.06. The stock has a fifty day simple moving average of $77.26 and a two-hundred day simple moving average of $77.93. The firm has a market capitalization of $4.47 billion, a PE ratio of 20.11, a PEG ratio of 1.29 and a beta of 1.00. Sanmina has a 52-week low of $57.52 and a 52-week high of $91.12.

Sanmina declared that its board has authorized a share repurchase program on Monday, January 27th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the electronics maker to reacquire up to 7.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Bank of America raised Sanmina from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $58.00 to $92.00 in a report on Wednesday, January 29th. StockNews.com downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 6th.

Insider Transactions at Sanmina

In related news, Director Eugene A. Delaney sold 10,000 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $83.50, for a total value of $835,000.00. Following the sale, the director now owns 77,120 shares in the company, valued at approximately $6,439,520. The trade was a 11.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mario M. Rosati sold 11,391 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $86.02, for a total transaction of $979,853.82. Following the transaction, the director now owns 80,295 shares of the company’s stock, valued at $6,906,975.90. This trade represents a 12.42 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,405 shares of company stock valued at $2,821,682. 3.22% of the stock is currently owned by insiders.

Sanmina Company Profile

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.