Sanmina (NASDAQ:SANM) Updates Q1 2025 Earnings Guidance

Sanmina (NASDAQ:SANM) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.300-1.400 for the period, compared to the consensus estimate of 1.440. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Sanmina also updated its Q1 guidance to $1.30-$1.40 EPS.

Sanmina Stock Up 2.0 %

NASDAQ:SANM traded up $1.45 during mid-day trading on Monday, hitting $72.80. The stock had a trading volume of 410,549 shares, compared to its average volume of 421,097. Sanmina has a twelve month low of $43.40 and a twelve month high of $76.84. The stock has a 50-day simple moving average of $67.71 and a two-hundred day simple moving average of $67.47. The company has a current ratio of 2.03, a quick ratio of 1.27 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.98 billion, a PE ratio of 18.86, a PEG ratio of 1.60 and a beta of 0.89.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Sanmina from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th.

Insider Buying and Selling at Sanmina

In related news, Director Krish A. Prabhu sold 4,803 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $67.39, for a total value of $323,674.17. Following the completion of the sale, the director now directly owns 19,166 shares of the company’s stock, valued at $1,291,596.74. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Sanmina news, Director Krish A. Prabhu sold 4,803 shares of Sanmina stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $67.39, for a total transaction of $323,674.17. Following the transaction, the director now owns 19,166 shares of the company’s stock, valued at $1,291,596.74. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Alan Mcwilliams Reid sold 8,500 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $68.85, for a total value of $585,225.00. Following the completion of the sale, the executive vice president now directly owns 26,679 shares of the company’s stock, valued at $1,836,849.15. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 95,632 shares of company stock worth $6,644,760 over the last three months. Insiders own 3.09% of the company’s stock.

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.