Sanmina (NASDAQ:SANM) Issues Earnings Results, Beats Expectations By $1.16 EPS

Sanmina (NASDAQ:SANM) released its quarterly earnings data on Monday. The electronics maker reported $4.43 EPS for the quarter, beating the consensus estimate of $3.27 by $1.16, FiscalAI reports. The business had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.48 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. Sanmina updated its Q1 2027 guidance to 3.500-3.850 EPS and its FY 2027 guidance to 15.500-17.500 EPS.

Sanmina Price Performance

SANM traded up $14.96 during trading on Monday, reaching $149.64. 1,539,790 shares of the company were exchanged, compared to its average volume of 875,211. The company’s 50-day moving average is $193.26 and its two-hundred day moving average is $190.72. Sanmina has a 12-month low of $118.10 and a 12-month high of $288.68. The company has a market cap of $8.02 billion, a price-to-earnings 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.

Wall Street Analysts Forecast Growth

SANM has been the subject of several recent research reports. Weiss Ratings downgraded shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 18th. JPMorgan Chase & Co. dropped their price target on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 11th. Finally, Zacks Research downgraded shares of Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $198.33.

About Sanmina

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.