Sanmina (NASDAQ:SANM) Updates Q1 2025 Earnings Guidance

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

Sanmina Stock Performance

SANM traded down $1.10 on Thursday, hitting $82.78. 237,782 shares of the company’s stock were exchanged, compared to its average volume of 426,580. The firm has a market cap of $4.52 billion, a PE ratio of 21.45, a P/E/G ratio of 1.66 and a beta of 0.89. The stock has a fifty day moving average of $68.13 and a two-hundred day moving average of $67.71. Sanmina has a twelve month low of $45.45 and a twelve month high of $86.05. The company has a current ratio of 2.03, a quick ratio of 1.27 and a debt-to-equity ratio of 0.13.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, November 4th. The electronics maker reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. Sanmina had a return on equity of 10.52% and a net margin of 2.94%. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same period in the previous year, the business earned $1.20 earnings per share. The company’s quarterly revenue was down 1.6% on a year-over-year basis. On average, research analysts anticipate that Sanmina will post 5.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SANM. StockNews.com raised Sanmina from a “hold” rating to a “buy” rating in a research note on Thursday. Craig Hallum lifted their price target on Sanmina from $62.00 to $69.00 and gave the company a “hold” rating in a research report on Tuesday.

Insiders Place Their Bets

In other news, CEO Jure Sola sold 82,328 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $69.67, for a total transaction of $5,735,791.76. Following the transaction, the chief executive officer now owns 1,198,594 shares in the company, valued at $83,506,043.98. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.09% of the stock is 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.