Sanmina (NASDAQ:SANM) Announces FY 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its FY 2027 earnings guidance on Monday. The company provided earnings per share (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 Trading Up 11.1%

Sanmina stock traded up $14.96 during midday trading on Monday, hitting $149.64. 1,475,793 shares of the stock were exchanged, compared to its average volume of 873,058. The company has a fifty day simple moving average of $193.26 and a two-hundred day simple moving average of $190.72. Sanmina has a 52 week low of $118.10 and a 52 week high of $288.68. 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 company has a quick ratio of 1.06, a current ratio of 1.78 and a debt-to-equity ratio of 0.71.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, November 9th. The electronics maker reported $4.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $1.16. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Sanmina has set its Q1 2027 guidance at 3.500-3.850 EPS and its FY 2027 guidance at 15.500-17.500 EPS. Equities research analysts anticipate that Sanmina will post 10.74 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on SANM. Weiss Ratings cut shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 11th. Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Finally, JPMorgan Chase & Co. lowered their price target on Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $198.33.

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.