Sanmina (NASDAQ:SANM) Earns Neutral Rating from Analysts at Susquehanna

Analysts at Susquehanna assumed coverage on shares of Sanmina (NASDAQ:SANM) in a research note issued on Wednesday. The brokerage set a “neutral” rating and a $135.00 price target on the electronics maker’s stock. Susquehanna’s price target points to a potential upside of 4.13% from the company’s current price.

SANM has been the subject of a number of other research reports. Argus increased their price objective on Sanmina to $200.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, JPMorgan Chase & Co. started coverage on Sanmina in a research note on Monday. They issued a “neutral” rating and a $145.00 target price on the stock. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $150.00.

Sanmina Stock Up 4.5%

SANM opened at $129.64 on Wednesday. The company has a market cap of $7.08 billion, a P/E ratio of 30.94, a P/E/G ratio of 0.56 and a beta of 1.01. The business’s 50-day moving average price is $143.26 and its 200-day moving average price is $145.01. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75. Sanmina has a 12 month low of $63.67 and a 12 month high of $185.29.

Sanmina (NASDAQ:SANM) last issued its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the prior year, the business posted $1.16 EPS. Sanmina’s quarterly revenue was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, equities analysts expect that Sanmina will post 5.15 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Alan Mcwilliams Reid sold 3,500 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $148.45, for a total value of $519,575.00. Following the completion of the sale, the executive vice president directly owned 33,981 shares of the company’s stock, valued at approximately $5,044,479.45. This trade represents a 9.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jonathan P. Faust sold 10,075 shares of Sanmina stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $159.30, for a total transaction of $1,604,947.50. Following the sale, the chief financial officer directly owned 87,076 shares in the company, valued at $13,871,206.80. The trade was a 10.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 14,599 shares of company stock worth $2,290,728. 3.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Sanmina

Large investors have recently bought and sold shares of the company. AlphaQuest LLC boosted its position in shares of Sanmina by 10,472.1% during the third quarter. AlphaQuest LLC now owns 10,995 shares of the electronics maker’s stock valued at $1,266,000 after purchasing an additional 10,891 shares in the last quarter. Invesco Ltd. lifted its position in Sanmina by 42.4% during the second quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock valued at $122,452,000 after buying an additional 372,829 shares during the period. Frontier Capital Management Co. LLC boosted its holdings in shares of Sanmina by 20.9% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock valued at $120,515,000 after buying an additional 213,025 shares in the last quarter. Asset Management One Co. Ltd. purchased a new stake in shares of Sanmina in the 3rd quarter worth about $1,472,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Sanmina in the 3rd quarter worth about $5,066,000. 92.71% of the stock is owned by institutional investors.

About Sanmina

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.