|Bid||27.75 x 500|
|Ask||27.85 x 100|
|Day's Range||27.65 - 27.85|
|52 Week Range||24.60 - 42.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 23, 2018 - Apr 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.60|
Moody's Investors Service ("Moody's") affirmed Sanmina Corporation's ("Sanmina") Corporate Family Rating at Ba1 and changed the rating outlook to stable from positive. As part of the ...
NEW YORK, Feb. 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Diebold, ...
Levi & Korsinsky announces it has commenced an investigation of Sanmina Corporation concerning possible violations of federal securities laws. The investigation concerns whether Sanmina issued materially false and/or misleading statements regarding its growth prospects.
On a per-share basis, the San Jose, California-based company said it had a loss of $2.16. Earnings, adjusted for one-time gains and costs, came to 48 cents per share. The electronics manufacturing services ...
SAN JOSE, Calif. , Jan. 29, 2018 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported ...
NEW YORK, NY / ACCESSWIRE / January 29, 2018 / Sanmina-SCI Corporation (NASDAQ: SANM ) will be discussing their earnings results in their Q1 Earnings Call to be held on January 29, 2018 at 5:00 PM Eastern ...
Contract electronics manufacturer Flex (FLEX) this afternoon reported fiscal Q3 revenue and profit that topped analysts' expectations, and forecast this quarter's results slightly higher as well, sending ...
This earnings season is already showing that capital spending from cloud giants remains far stronger than spending from traditional carriers. That affects quite a few hardware and chip firms.
SAN JOSE, Calif. , Jan. 24, 2018 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM), a leading integrated manufacturing solutions company, announces the appointment of William DeLaney to the Company's ...
SAN JOSE, Calif. , Jan. 23, 2018 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its first quarter fiscal 2018 earnings conference call on Monday, January 29, 2018 ...
Shares of electronics manufacturer Sanmina Corp. (SMCI) plunged 23.5 percent on Monday as the San Jose-based company detailed plans to close three of its manufacturing plants. In a call with investors on Monday morning, CEO Bob Eulau said that the company — which on Friday gave lower-than-expected earnings guidance for its first and second quarters — will close one of its printed circuit board operation plants in Owego, New York. The leases at those facilities are expiring and the landlords will not renew, Eulau said, adding that he believes Sanmina will be able to move those manufacturing operations to other facilities in China.
Shares of fiber optic component suppliers are generally weaker today following a warning late Friday by contract electronics manufacturer Sanmina-SCI (SANM) that its revenue and profit will miss fiscal Q1 expectations, and next quarter as well, hit by hiccups in some of its projects, and by the impact of tax reform. Dave Kang of B. Riley & Co., who follows several of the optical names, warns that this means a tough Q1 for fiber names such as Lumentum (LITE), Oclaro (OCLR), and Ciena (CIEN). The warning is "additional evidence that C1Q18 will be weak” for communications components, writes Kang, "with a pick up in demand starting in C2H18." That, he notes, is similar to what the management of component vendor Inphi (IPHI) said at an investment conference last week.
Shares of electronics manufacturing services companies were broadly lower Monday, after Sanmina Corp. reported preliminary fourth-quarter earnings and provided an outlook that were below analyst expectations. ...
Among Friday after-hours news is a warning this afternoon from contract electronics manufacturer Sanmina-SCI (SANM) that its revenue and profit will miss fiscal Q1 expectations, and next quarter as well, hit by hiccups in some of its projects, and by the impact of tax reform. Sanmina shares are down $6.45, or over 18%, at $29.01, in late trading. Continued weakness in optical networking may be the root of the weaker business trends, suggests RBC Capital’s Mitch Steves this evening.
Shares of Sanmina Corp. fell more than 18 percent in after-hours trading on Friday after the San Jose-based electronics manufacturing giant warned investors about bleak results for its current quarter and said a restructuring plan will impact three of its plants. On an adjusted basis, it now expects diluted earnings per share of 48 cents, compared to its previous outlook of 68 to 74 cents.
The Company expects first quarter revenue of approximately $1.74 billion versus the prior outlook of $1.75 billion to $1.80 billion. The Company expects a first quarter GAAP loss per share of $1.85 to $2.27, including non-cash adjustments for deferred tax and discrete tax items of $2.03 to $2.31, restructuring costs of $0.19 to $0.33, stock-based compensation expense of $0.12, and amortization of intangible assets of $0.03. The Company expects non-GAAP(1) diluted earnings per share of $0.48, versus previously provided outlook of $0.68 to $0.74.
Mid-caps stocks, like Sanmina Corporation (NASDAQ:SANM) with a market capitalization of $2.20B, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks.Read More...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Sanmina Corp. Here are 5 ETFs with the largest exposure to SANM-US. Comparing the performance and risk of Sanmina Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)