Sanmina (NASDAQ:SANM) Stock Rating Lowered by Wall Street Zen

Sanmina (NASDAQ:SANM) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Sunday.

A number of other equities analysts also recently commented on SANM. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $120.00.

Sanmina Trading Up 3.8%

Shares of SANM opened at $160.37 on Friday. The stock has a market capitalization of $8.55 billion, a P/E ratio of 34.34, a PEG ratio of 1.43 and a beta of 1.17. Sanmina has a twelve month low of $63.67 and a twelve month high of $178.39. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $132.48 and a two-hundred day simple moving average of $110.76.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, November 3rd. The electronics maker reported $1.67 EPS for the quarter, beating the consensus estimate of $1.57 by $0.10. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same period in the prior year, the firm posted $1.43 earnings per share. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. On average, research analysts anticipate that Sanmina will post 5.15 EPS for the current year.

Institutional Trading of Sanmina

A number of hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. grew its stake in shares of Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after buying an additional 59 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Sanmina by 265.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock worth $28,000 after acquiring an additional 265 shares in the last quarter. Banque Transatlantique SA purchased a new stake in shares of Sanmina in the first quarter worth $29,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Sanmina by 200.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 270 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Sanmina during the third quarter valued at $34,000. 92.71% of the stock is owned by institutional investors.

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.