Sanmina Corp (NASDAQ: SANM) Has Been Rising 37.66% Since The Beginning Of The Year. Troubles Ahead?

During the last session, Sanmina Corp (NASDAQ:SANM)’s traded shares were 0.72 million, with the beta value of the company hitting 1.13. At the end of the trading day, the stock’s price was $104.17, reflecting an intraday loss of -0.16% or -$0.17. The 52-week high for the SANM share is $105.72, that puts it down -1.49 from that peak though still a striking 40.94% gain since the share price plummeted to a 52-week low of $61.52. The company’s market capitalization is $5.57B, and the average intraday trading volume over the past 10 days was 0.55 million shares, and the average trade volume was 438.14K shares over the past three months.

Sanmina Corp (SANM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.20. SANM has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.41.

Sanmina Corp (NASDAQ:SANM) trade information

Sanmina Corp (SANM) registered a -0.16% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.16% in intraday trading to $104.17, hitting a weekly high. The stock’s 5-day price performance is 1.79%, and it has moved by 18.01% in 30 days. Based on these gigs, the overall price performance for the year is 37.66%. The short interest in Sanmina Corp (NASDAQ:SANM) is 2.03 million shares and it means that shorts have 4.25 day(s) to cover.

The consensus price target of analysts on Wall Street is $62, which implies a decrease of -68.02% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $62 and $62 respectively. As a result, SANM is trading at a premium of 40.48% off the target high and 40.48% off the low.

Sanmina Corp (SANM) estimates and forecasts

In the rating firms’ projections, revenue will increase 7.05% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.98B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 2.13B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.84B and 2.02B respectively. In this case, analysts expect current quarter sales to grow by 7.52% and then jump by 5.66% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 14.62%. While earnings are projected to return 11.46% in 2025.

SANM Dividends

Sanmina Corp is due to release its next quarterly earnings on 2025-Apr-28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sanmina Corp (NASDAQ:SANM)’s Major holders

Sanmina Corp insiders own 3.44% of total outstanding shares while institutional holders control 99.27%, with the float percentage being 102.80%. BLACKROCK INC. is the largest shareholder of the company, while 445.0 institutions own stock in it. As of 2024-06-30, the company held over 9.68 million shares (or 17.4523% of all shares), a total value of $641.31 million in shares.

The next largest institutional holding, with 7.27 million shares, is of VANGUARD GROUP INC’s that is approximately 13.1069% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $481.63 million.

Also, the Mutual Funds coming in first place with the largest holdings of Sanmina Corp (SANM) shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on May 31, 2025 indicates that iShares Trust-iShares Core S&P Small-Cap ETF owns about 3.27 shares. This amounts to just over 6.11 percent of the company’s overall shares, with a $340.14 million market value. The same data shows that the other fund manager holds slightly less at 1.6, or about 2.99% of the stock, which is worth about $166.78 million.

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