Sanmina (NASDAQ:SANM) Issues Q1 2025 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 1.300-1.400 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

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

Sanmina Price Performance

NASDAQ:SANM traded up $1.13 during midday trading on Tuesday, hitting $73.93. 312,389 shares of the stock 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 business has a 50-day moving average price of $67.71 and a two-hundred day moving average price of $67.47. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 1.63 and a beta of 0.89.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, November 4th. The electronics maker reported $1.43 EPS for the quarter, beating 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 company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the prior year, the firm earned $1.20 EPS. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. Sell-side analysts predict that Sanmina will post 4.19 EPS for the current year.

Insider Buying and Selling at Sanmina

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

Sanmina Company Profile

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.