Sanmina (NASDAQ:SANM) Releases Earnings Results

Sanmina (NASDAQ:SANM) released its quarterly earnings data on Monday. The electronics maker reported $1.41 EPS for the quarter, topping the consensus estimate of $1.38 by $0.03, Briefing.com reports. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.97 billion. Sanmina had a return on equity of 10.61% and a net margin of 2.99%. Sanmina’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the company earned $1.30 EPS. Sanmina updated its Q3 2025 guidance to 1.350-1.450 EPS.

Sanmina Price Performance

Shares of SANM stock traded down $5.02 during trading hours on Tuesday, reaching $75.71. The company had a trading volume of 57,965 shares, compared to its average volume of 391,449. Sanmina has a 12-month low of $57.52 and a 12-month high of $91.12. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 1.29 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.30 and a current ratio of 2.06. The stock has a fifty day moving average of $77.06 and a 200-day moving average of $78.18.

Sanmina declared that its Board of Directors has authorized a stock buyback program on Monday, January 27th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the electronics maker to purchase up to 7.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Sanmina

In related news, Director Mario M. Rosati sold 11,391 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $86.02, for a total transaction of $979,853.82. Following the completion of the transaction, the director now owns 80,295 shares in the company, valued at approximately $6,906,975.90. The trade was a 12.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Eugene A. Delaney sold 10,000 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $83.50, for a total transaction of $835,000.00. Following the completion of the sale, the director now directly owns 77,120 shares of the company’s stock, valued at approximately $6,439,520. This trade represents a 11.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,405 shares of company stock valued at $2,821,682. 3.22% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently commented on SANM. Bank of America raised Sanmina from an “underperform” rating to a “neutral” rating and upped their target price for the company from $58.00 to $92.00 in a research note on Wednesday, January 29th. StockNews.com cut Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 6th.

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.