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 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 Price Performance

Shares of SANM stock traded up $1.45 during trading hours on Monday, reaching $72.80. 410,559 shares of the company were exchanged, compared to its average volume of 421,097. The stock’s fifty day moving average is $67.64 and its two-hundred day moving average is $67.37. The company has a market cap of $3.98 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 1.60 and a beta of 0.89. Sanmina has a fifty-two week low of $43.40 and a fifty-two week high of $76.84. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.27.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Sanmina from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th.

Insider Buying and Selling at Sanmina

In other news, EVP Alan Mcwilliams Reid sold 8,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $68.85, for a total value of $585,225.00. Following the sale, the executive vice president now directly owns 26,679 shares in the company, valued at approximately $1,836,849.15. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, EVP Alan Mcwilliams Reid sold 8,500 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $68.85, for a total transaction of $585,225.00. Following the sale, the executive vice president now directly owns 26,679 shares in the company, valued at approximately $1,836,849.15. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jure Sola sold 82,328 shares of Sanmina 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 sale, the chief executive officer now owns 1,198,594 shares in the company, valued at approximately $83,506,043.98. This 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 95,632 shares of company stock valued at $6,644,760. 3.09% of the stock is currently owned by corporate 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.