Sanmina (NASDAQ:SANM) Releases Quarterly Earnings Results

Sanmina (NASDAQ:SANM) issued its quarterly earnings results on Monday. The electronics maker reported $1.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.17), Zacks reports. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. Sanmina updated its Q1 2026 guidance to 1.950-2.250 EPS.

Sanmina Trading Up 2.4%

Shares of SANM stock traded up $3.29 on Monday, hitting $140.34. 1,182,902 shares of the company’s stock traded hands, compared to its average volume of 570,437. The stock has a market capitalization of $7.48 billion, a price-to-earnings ratio of 30.05, a P/E/G ratio of 1.43 and a beta of 1.19. The company’s fifty day simple moving average is $122.96 and its 200 day simple moving average is $104.81. Sanmina has a one year low of $63.67 and a one year high of $160.25. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91.

Analysts Set New Price Targets

SANM has been the subject of several research analyst reports. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Finally, Bank of America increased their target price on Sanmina from $100.00 to $120.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Sanmina currently has a consensus rating of “Hold” and a consensus target price of $94.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SANM. Sei Investments Co. boosted its holdings in Sanmina by 27.8% during the 2nd quarter. Sei Investments Co. now owns 283,957 shares of the electronics maker’s stock valued at $27,779,000 after acquiring an additional 61,846 shares during the period. Public Sector Pension Investment Board boosted its stake in shares of Sanmina by 5.8% during the second quarter. Public Sector Pension Investment Board now owns 182,223 shares of the electronics maker’s stock valued at $17,827,000 after purchasing an additional 9,915 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Sanmina by 10.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock worth $9,621,000 after purchasing an additional 12,061 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Sanmina by 3.6% in the second quarter. Alliancebernstein L.P. now owns 121,025 shares of the electronics maker’s stock worth $11,840,000 after buying an additional 4,219 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Sanmina by 572.5% in the first quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock worth $6,083,000 after buying an additional 67,973 shares during the period. 92.71% of the stock is owned by institutional investors.

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.