A share price of Sanmina Corp [SANM] is currently trading at $70.52, down -0.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SANM shares have lost -7.26% over the last week, with a monthly amount drifted -4.46%, and not 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.
Sanmina Corp experienced fluctuations in its stock price throughout the past year between $57.52 and $91.12. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Sanmina Corp [NASDAQ: SANM] shares were valued at $70.52 at the most recent close of the market. An investor can expect a potential drop of -12.08% based on the average SANM price forecast.
Analyzing the SANM fundamentals
Trailing Twelve Months sales for Sanmina Corp [NASDAQ:SANM] were 7.70B which represents 7.02% growth. 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 0.1 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
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 68.51 points at the first support level, and at 66.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.33, and for the 2nd resistance point, it is at 76.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sanmina Corp [NASDAQ:SANM] is 2.06. Further, the Quick Ratio stands at 1.30, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 17.24.
Transactions by insiders
Recent insider trading involved Hedley David V III, Director, that happened on Mar 18 ’25 when 302.0 shares were sold. Director, Johnson Susan A completed a deal on Feb 28 ’25 to sell 333.0 shares. Meanwhile, Director SUSAN ANNE JOHNSON bought 333.0 shares on Feb 28 ’25.
