What is Sidoti’s Estimate for Sanmina Q1 Earnings?

Sanmina Corporation (NASDAQ:SANM) – Stock analysts at Sidoti issued their Q1 2028 earnings per share (EPS) estimates for Sanmina in a research report issued to clients and investors on Tuesday, July 28th. Sidoti analyst A. Soderstrom expects that the electronics maker will post earnings per share of $3.43 for the quarter. The consensus estimate for Sanmina’s current full-year earnings is $9.36 per share. Sidoti also issued estimates for Sanmina’s Q2 2028 earnings at $3.43 EPS and Q3 2028 earnings at $3.52 EPS.

Sanmina (NASDAQ:SANM) last issued its earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.The firm had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the firm earned $1.53 earnings per share. Sanmina’s revenue for the quarter was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS.

SANM has been the topic of several other reports. Susquehanna began coverage on shares of Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective on the stock. Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. JPMorgan Chase & Co. lowered their price target on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday. Weiss Ratings upgraded Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Sanmina currently has an average rating of “Hold” and an average price target of $198.33.

Sanmina Stock Performance

SANM opened at $163.85 on Thursday. Sanmina has a 12-month low of $108.36 and a 12-month high of $288.68. The company has a current ratio of 1.78, a quick ratio of 1.03 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $8.78 billion, a PE ratio of 29.31, a P/E/G ratio of 0.66 and a beta of 1.56. The firm has a 50 day moving average of $233.78 and a two-hundred day moving average of $187.63.

Insider Activity

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the sale, the executive vice president directly owned 31,481 shares of the company’s stock, valued at approximately $6,868,209.77. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David V. Hedley III sold 500 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $219.52, for a total transaction of $109,760.00. Following the sale, the director owned 7,376 shares in the company, valued at approximately $1,619,179.52. This represents a 6.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 129,944 shares of company stock valued at $30,093,464. 3.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sanmina

Several institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. raised its holdings in Sanmina by 22.0% in the 4th quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock worth $400,273,000 after purchasing an additional 481,588 shares during the period. Geode Capital Management LLC grew its holdings in Sanmina by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock valued at $244,500,000 after purchasing an additional 58,529 shares during the period. Bank of America Corp DE increased its position in shares of Sanmina by 14.6% in the first quarter. Bank of America Corp DE now owns 945,382 shares of the electronics maker’s stock valued at $122,559,000 after buying an additional 120,164 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its position in shares of Sanmina by 57.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock valued at $98,833,000 after buying an additional 278,465 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its stake in shares of Sanmina by 17.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 732,369 shares of the electronics maker’s stock worth $109,907,000 after buying an additional 108,202 shares during the period. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina Company Profile

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.