Sanmina (NASDAQ:SANM) Releases Q1 2025 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.300-1.400 for the period, compared to the consensus earnings per share estimate of 1.440. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Sanmina also updated its Q1 guidance to $1.30-$1.40 EPS.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SANM. StockNews.com lowered Sanmina from a “buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Craig Hallum raised their target price on Sanmina from $62.00 to $69.00 and gave the stock a “hold” rating in a report on Tuesday.

Sanmina Stock Up 1.6 %

Shares of Sanmina stock traded up $1.13 on Tuesday, reaching $73.93. 312,389 shares of the company were exchanged, compared to its average volume of 420,588. Sanmina has a one year low of $43.40 and a one year high of $76.84. The company has a current ratio of 2.03, a quick ratio of 1.27 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $67.71 and a 200 day moving average of $67.47. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 18.86, a PEG ratio of 1.63 and a beta of 0.89.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, November 4th. The electronics maker reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. Sanmina had a return on equity of 10.79% and a net margin of 2.93%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. The business’s revenue was down 1.6% compared to the same quarter last year. On average, equities research analysts forecast that Sanmina will post 4.19 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Alan Mcwilliams Reid sold 8,500 shares of the stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $68.85, for a total transaction of $585,225.00. Following the sale, the executive vice president now owns 26,679 shares of the company’s stock, valued at $1,836,849.15. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Sanmina news, EVP Alan Mcwilliams Reid sold 8,500 shares of the company’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $68.85, for a total transaction of $585,225.00. Following the completion of the sale, the executive vice president now directly owns 26,679 shares in the company, valued at $1,836,849.15. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jure Sola sold 82,328 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $69.67, for a total transaction of $5,735,791.76. Following the completion of the sale, the chief executive officer now owns 1,198,594 shares in the company, valued at approximately $83,506,043.98. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 90,829 shares of company stock worth $6,321,086 in the last 90 days. Company insiders own 3.09% of the company’s stock.

About Sanmina

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.