Sanmina Corp [SANM] stock prices are down -1.80% to $82.22 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SANM shares have gain 4.73% over the last week, with a monthly amount glided 8.66%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sanmina Corp [NASDAQ: SANM] stock has seen the most recent analyst activity on January 29, 2025, when BofA Securities upgraded its rating to a Neutral and also boosted its price target to $92 from $58. Previously, Craig Hallum downgraded its rating to Hold on April 30, 2024, and kept the price target unchanged to $62. On March 06, 2024, Fox Advisors initiated with a Overweight rating and assigned a price target of $80 on the stock. Sidoti upgraded its rating to a Buy but $78 remained the price target by the analyst firm on November 08, 2022. Sidoti downgraded its rating to Neutral for this stock on October 31, 2022. In a note dated December 22, 2021, Sidoti initiated an Buy rating and provided a target price of $61 on this stock.
The stock price of Sanmina Corp [SANM] has been fluctuating between $57.28 and $86.05 over the past year. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Sanmina Corp [NASDAQ: SANM] shares were valued at $82.22 at the most recent close of the market. An investor can expect a potential drop of -24.59% based on the average SANM price forecast.
Analyzing the SANM fundamentals
The Sanmina Corp [NASDAQ:SANM] reported sales of 7.70B for trailing twelve months, representing a surge of 7.02%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.34 points at the first support level, and at 78.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.53, and for the 2nd resistance point, it is at 84.83.
Ratios To Look Out For
It’s worth pointing out that Sanmina Corp [NASDAQ:SANM]’s Current Ratio is 2.06. Also, the Quick Ratio is 1.30, while the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.97 and price to earnings (TTM) ratio is 20.10.
Transactions by insiders
Recent insider trading involved DELANEY EUGENE A, Director, that happened on Jan 30 ’25 when 10000.0 shares were sold. Officer, Mason Charlie completed a deal on Jan 31 ’25 to buy 12717.0 shares. Meanwhile, Officer REID ALAN McWILLIAMS bought 3451.0 shares on Jan 31 ’25.
