Sanmina (SANM) Scheduled to Post Earnings on Monday

Sanmina (NASDAQ:SANM) is set to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $1.37 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Sanmina Trading Up 1.8 %

Shares of SANM opened at $71.35 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.27. Sanmina has a 12 month low of $43.40 and a 12 month high of $76.84. The stock’s 50-day moving average is $67.64 and its two-hundred day moving average is $67.31. The stock has a market cap of $3.90 billion, a PE ratio of 18.48, a P/E/G ratio of 1.60 and a beta of 0.89.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Sanmina from a “buy” rating to a “hold” rating in a research note on Wednesday.

Insider Buying and Selling

In related news, CEO Jure Sola sold 82,328 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $69.67, for a total value of $5,735,791.76. Following the transaction, the chief executive officer now owns 1,198,594 shares in the company, valued at approximately $83,506,043.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP Alan Mcwilliams Reid sold 8,500 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jure Sola sold 82,328 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $69.67, for a total value of $5,735,791.76. Following the completion of the sale, the chief executive officer now directly owns 1,198,594 shares of the company’s stock, valued at approximately $83,506,043.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 95,632 shares of company stock worth $6,644,760. 3.09% of the stock is currently owned by corporate insiders.

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.