Sanmina (SANM) Earning Somewhat Positive Media Coverage, Accern Reports
Media headlines about Sanmina (NASDAQ:SANM) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sanmina earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the electronics maker an impact score of 44.9683380934862 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Sanmina (SANM) opened at $28.65 on Friday. Sanmina has a 52 week low of $24.60 and a 52 week high of $42.95. The company has a market capitalization of $2,060.00, a price-to-earnings ratio of 19.10, a P/E/G ratio of 1.37 and a beta of 0.63. The company has a quick ratio of 0.95, a current ratio of 1.60 and a debt-to-equity ratio of 0.26.
Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, January 29th. The electronics maker reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. Sanmina had a positive return on equity of 11.61% and a negative net margin of 0.88%. The company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the firm posted $0.75 earnings per share. The firm’s revenue was up 1.5% on a year-over-year basis. analysts expect that Sanmina will post 1.72 EPS for the current fiscal year.
In other Sanmina news, SVP Brent Billinger purchased 1,500 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was bought at an average price of $26.33 per share, with a total value of $39,495.00. Following the completion of the purchase, the senior vice president now directly owns 18,004 shares of the company’s stock, valued at approximately $474,045.32. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph G. Licata, Jr. sold 18,444 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $27.49, for a total value of $507,025.56. Following the completion of the sale, the director now directly owns 48,787 shares of the company’s stock, valued at approximately $1,341,154.63. The disclosure for this sale can be found here. Company insiders own 5.12% of the company’s stock.
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Sanmina Corporation is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The Company provides its offerings primarily to original equipment manufacturers (OEMs) in various industries, including communications networks, storage, industrial, defense and aerospace, medical and energy.
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