Sanmina (NASDAQ:SANM) Issues Q1 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its first quarter 2027 earnings guidance on Monday. The company provided EPS guidance of 3.500-3.850 for the period, compared to the consensus earnings per share estimate of 2.910. Sanmina also updated its FY 2027 guidance to 15.500-17.500 EPS.

Analyst Ratings Changes

Several research analysts recently weighed in on SANM shares. Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Wall Street Zen raised Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Sunday, October 11th. Finally, JPMorgan Chase & Co. dropped their target price on Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Sanmina currently has an average rating of “Hold” and an average price target of $198.33.

Sanmina Stock Up 11.1%

SANM stock traded up $14.96 during mid-day trading on Monday, hitting $149.64. The stock had a trading volume of 1,475,793 shares, compared to its average volume of 873,058. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71. Sanmina has a 1-year low of $118.10 and a 1-year high of $288.68. The company has a fifty day moving average of $193.26 and a 200 day moving average of $190.72. The stock has a market capitalization of $8.02 billion, a price-to-earnings ratio of 26.77, a PEG ratio of 0.37 and a beta of 1.72.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, November 9th. The electronics maker reported $4.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $1.16. The company had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $3.48 billion. Sanmina had a return on equity of 19.08% and a net margin of 2.41%. Sanmina has set its Q1 2027 guidance at 3.500-3.850 EPS and its FY 2027 guidance at 15.500-17.500 EPS. On average, equities analysts expect that Sanmina will post 10.74 EPS for the current fiscal year.

About Sanmina

Sanmina Corporation is a provider of integrated manufacturing solutions for companies that develop complex electronic, optical, and electromechanical products. Its services span product design and engineering, supply-chain management, manufacturing, and logistics, as well as repair and other aftermarket support.

The company serves customers in markets that include communications networks, cloud and data-center infrastructure, medical and life sciences, automotive, industrial equipment, and aerospace and defense.