SANM - Sanmina Corporation
32.32 0.00 (0.00%)
After hours: 4:00PM EST
| Previous Close | 31.70 |
| Open | 31.99 |
| Bid | 32.27 x 1400 |
| Ask | 32.28 x 1200 |
| Day's Range | 31.95 - 32.54 |
| 52 Week Range | 22.30 - 34.71 |
| Volume | 309,622 |
| Avg. Volume | 378,903 |
| Market Cap | 2.3B |
| Beta (3Y Monthly) | 1.29 |
| PE Ratio (TTM) | 16.41 |
| EPS (TTM) | 1.97 |
| Earnings Date | Jan 27, 2020 - Jan 31, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 34.67 |
- PR Newswire
Sanmina Achieves IATF 16949:2016 Certification for Automotive Manufacturing in Chennai, India
Sanmina Corporation (Nasdaq: SANM), a leading integrated manufacturing solutions company that manufactures some of the world's most complex and innovative electronic, optical and mechanical products, today announced that it has achieved the IATF 16949:2016 certification at its manufacturing facility in Chennai, India. The certification combined with the facility's Domestic Tariff Area status in a Hi-Tech Special Economic Zone, enables Sanmina to manufacture and deliver automotive products for both domestic and export markets, without additional customs duty.
- PR Newswire
Viking Enterprise Solutions Breaks the Barrier with New NVMe Enterprise Storage Solution for Ultra-High Performance Applications
NSS2249 Leading-Edge Design Provides Unprecedented Performance Leveraging Two AMD EPYC™ CPU Server Modules and 24 PCIe 4.0 NVMe Drives in Compact 2U Footprint SAN JOSE, Calif. , Nov. 18, 2019 /PRNewswire/ ...
- Moody's
Sanmina Corporation -- Moody's announces completion of a periodic review of ratings of Sanmina Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Sanmina Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Thomson Reuters StreetEvents
Edited Transcript of SANM earnings conference call or presentation 28-Oct-19 9:00pm GMT
Q4 2019 Sanmina Corp Earnings Call
- Simply Wall St.
The Sanmina (NASDAQ:SANM) Share Price Is Up 21% And Shareholders Are Holding On
Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...
- PR Newswire
Sanmina Wins Two ELCINA Awards for Business and Quality Excellence at its Manufacturing Facility in Chennai India
SAN JOSE, Calif., Oct. 31, 2019 /PRNewswire/ -- Sanmina Corporation (SANM), a leading integrated manufacturing solutions company that makes some of the world's most complex and innovative electronic, optical and mechanical products, today announced that it has won two awards from the Electronics Industries Association of India (ELCINA) for 2018-19. Sanmina's state-of-the-art manufacturing facility in Chennai, India earned the prestigious honors in the areas of Business Excellence and Quality Excellence. The awards were presented to Sanmina executives by Mr. Ajay Prakash Sawhney, Secretary of the Ministry of Electronics and IT, Government of India, at a ceremony that took place in Delhi, India.
- MarketWatch
Sanmina shares drop more than 10% on outlook, layoffs
Sanmina Corp. shares dropped in the extended session Monday after the electronics manufacturing services provide issued a disappointing outlook and announced a "right-sizing" plan. Sanmina shares fell 14% after hours, following a 1% rise in the regular session to close at $31.80. For the first fiscal quarter, Sanmina expects adjusted earnings of 65 cents to 75 cents on revenue of $1.73 billion to $1.83 billion, while analysts surveyed by FactSet had forecast earnings of 87 cents a share on revenue of $2.18 billion. "We expect demand to be soft in the first half of the fiscal year as a result of excess inventory in the channel, slower than anticipated 5G deployment and global economic uncertainty," said Hartmut Liebel, Sanmina's chief executive since the beginning of the month, in a statement. "As a result, we have initiated a plan to right size the organization to further improve operational efficiencies and optimize our cost structure." While not specifying how many layoffs, the company said it expects to spend about $10 million to $20 million, mostly for severance costs, and also buy back up to $200 million in stock. San Jose, Calif.-based Sanmina has about 47,000 employees. The company reported fiscal fourth-quarter net income of $19.8 million, or 27 cents a share, compared with $782,000, or a penny a share, in the year-ago period. Adjusted earnings were 84 cents a share. Revenue rose to $1.89 billion from $1.88 billion in the year-ago quarter. Analyst had forecast earnings of 77 cents a share on revenue of $1.93 billion.
- PR Newswire
Sanmina Reports Fourth Quarter And Fiscal Year End Financial Results
SAN JOSE, Calif. , Oct. 28, 2019 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported ...
- PR Newswire
Sanmina Corporation Invites You To Join Its Fourth Quarter And Fiscal Year 2019 Earnings Conference Call
SAN JOSE, Calif. , Oct. 22, 2019 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its fourth quarter and fiscal year 2019 earnings conference call on Monday, October ...
- Insider Monkey
Is Sanmina Corporation (SANM) A Good Stock To Buy?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
- MarketWatch
Sanmina names Kurt Adzema its new CFO
Sanmina Corp. said late Monday that Kurt Adzema has joined the electronics maker as its chief financial officer, succeeding David Anderson, who in January announced his intention to retire. Anderson "will help facilitate a smooth transition" and will remain an adviser to Sanmina's executive chairman through March 27, the company said in a statement. Adzema most recently served as CFO of Finisar Corp. Sanmina gota new CEO last month. The shares were flat in the extended session after ending the regular trading day down 0.4%.
- PR Newswire
Kurt Adzema Joins Sanmina As Chief Financial Officer
SAN JOSE, Calif. , Oct. 14, 2019 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced ...
- Simply Wall St.
Is Sanmina Corporation’s (NASDAQ:SANM) Return On Capital Employed Any Good?
Today we are going to look at Sanmina Corporation (NASDAQ:SANM) to see whether it might be an attractive investment...
- Zacks
Sanmina (SANM) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Sanmina (SANM) closed at $32.12, marking a -1.02% move from the previous day.
- MarketWatch
Sanmina names Hartmut Liebel its new CEO
Sanmina Corp. said late Wednesday its board of directors has named Hartmut Liebel the company's new chief executive, effective Sept. 30. Liebel will succeed Michael Clarke, who will have an advisory role through the transition, the electronics maker said. Liebel joined Sanmina in July as president and chief operating officer, and prior to that held positions at iQor and Jabil Inc. Shares of Sanmina were flat in the extended session Wednesday after ending the regular trading day up 3.4%.
- PR Newswire
Hartmut Liebel To Become Chief Executive Officer
SAN JOSE, Calif., Sept. 11, 2019 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (SANM), a leading integrated manufacturing solutions company, today announced the Board of Directors has voted to appoint Hartmut Liebel as Chief Executive Officer, effective September 30, 2019. Mr. Liebel will succeed Michael Clarke who will remain in an advisory capacity through a transition period. "Hartmut joined Sanmina in July and has quickly demonstrated his leadership and breadth of business experience which are critical to lead Sanmina. He is a proven business leader with a distinguished track record successfully driving profitable growth through a focus on customer service and satisfaction, innovation, operational execution, people development, and delivering value to shareholders," stated Jure Sola, Executive Chairman.
- Zacks
Sanmina (SANM) Outpaces Stock Market Gains: What You Should Know
Sanmina (SANM) closed at $31.64 in the latest trading session, marking a +1.22% move from the prior day.
- PR Newswire
Krish Prabhu Joins Sanmina's Board of Directors
SAN JOSE, Calif. , Sept. 10, 2019 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced ...
- Simply Wall St.
Is Sanmina (NASDAQ:SANM) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
- PR Newswire
Viking Enterprise Solutions Wins Third Consecutive "Best of Show Innovation Award" at Flash Memory Summit 2019
SAN JOSE, Calif., Aug. 22, 2019 /PRNewswire/ -- Viking Enterprise Solutions, a product division of Sanmina Corporation (SANM), today announced that it has won the Best of Show Innovation Award at the 2019 Flash Memory Summit for the Most Innovative Flash Memory Enterprise Business Application. Viking Enterprise Solutions demonstrated an NVMe-oF Kubernetes Composable Infrastructure Solution that earned the division its first win under the new brand and its first solo win without the involvement of partners, beating out a record number of award submissions this year.
- Simply Wall St.
Should We Be Cautious About Sanmina Corporation's (NASDAQ:SANM) ROE Of 7.5%?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- PR Newswire
Viking Enterprise Solutions to Lead Six Event Activities at Flash Memory Summit 2019
Thought Leaders to Address Key Storage Topics Including Hyper-Converged Infrastructures (HCI) Utilizing NVMe and Achieving Scale and Performance Using Flash with Distributed Key-Value Stores; Visit Booth ...
- Thomson Reuters StreetEvents
Edited Transcript of SANM earnings conference call or presentation 29-Jul-19 9:00pm GMT
Q3 2019 Sanmina Corp Earnings Call
