Sidoti Csr Has Positive Estimate for Sanmina Q1 Earnings

Sanmina Corporation (NASDAQ:SANM) – Investment analysts at Sidoti Csr lifted their Q1 2026 EPS estimates for shares of Sanmina in a report issued on Tuesday, November 4th. Sidoti Csr analyst A. Soderstrom now anticipates that the electronics maker will post earnings of $1.78 per share for the quarter, up from their previous estimate of $1.45. The consensus estimate for Sanmina’s current full-year earnings is $5.15 per share. Sidoti Csr also issued estimates for Sanmina’s Q2 2026 earnings at $1.97 EPS, Q3 2026 earnings at $2.17 EPS, Q4 2026 earnings at $2.30 EPS, FY2026 earnings at $8.21 EPS, Q1 2027 earnings at $2.25 EPS, Q2 2027 earnings at $2.48 EPS, Q3 2027 earnings at $2.62 EPS, Q4 2027 earnings at $2.70 EPS and FY2027 earnings at $10.06 EPS.

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

A number of other equities analysts also recently commented on SANM. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 27th. Bank of America raised their price target on Sanmina from $100.00 to $120.00 and gave the company a “neutral” rating in a research note on Friday, July 11th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $120.00.

Sanmina Stock Down 1.9%

Shares of SANM stock traded down $3.21 during trading on Friday, reaching $169.30. The company’s stock had a trading volume of 136,988 shares, compared to its average volume of 580,997. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 36.33, a price-to-earnings-growth ratio of 1.43 and a beta of 1.17. Sanmina has a one year low of $63.67 and a one year high of $178.39. The business has a fifty day moving average price of $126.70 and a 200-day moving average price of $106.86. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12.

Hedge Funds Weigh In On Sanmina

Several large investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC bought a new position in shares of Sanmina during the second quarter worth approximately $234,000. Redhawk Wealth Advisors Inc. acquired a new position in Sanmina in the 2nd quarter valued at $1,693,000. First Citizens Bank & Trust Co. lifted its holdings in shares of Sanmina by 198.1% during the second quarter. First Citizens Bank & Trust Co. now owns 8,430 shares of the electronics maker’s stock worth $825,000 after buying an additional 5,602 shares in the last quarter. New York State Teachers Retirement System boosted its position in shares of Sanmina by 15.5% in the second quarter. New York State Teachers Retirement System now owns 37,766 shares of the electronics maker’s stock valued at $3,695,000 after acquiring an additional 5,066 shares during the period. Finally, Strs Ohio acquired a new position in shares of Sanmina in the first quarter valued at about $1,196,000. 92.71% of the stock is owned by institutional investors.

About Sanmina

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.