AllAnalyst Report
logoArgusJanuary 30, 2024

Sanmina Corporation: Market challenges persist, better 2H24 ahead

Symbols
SANM
Sector(s)
Technology
Rating
Current Price
$62.97
Price Target
Earnings Estimate
Summary

Sanmina is an electronics manufacturing services (EMS) company formed from the combination of Sanmina and SCI Corp. in 2001. Key markets include communications, enterprise networking & storage, automotive, industrial, medical, consumer, defense & aerospace, and multimedia. In addition to providing traditional EMS services such as printed circuit board assembly and final product assembly & test,

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Analyst Profile

James Kelleher, CFA

Director of Research & Senior Analyst Technology
Jim has worked in the financial services industry for over 25 years and joined Argus in 1993. He is director of research at Argus and a member of the Investment Policy Committee. Jim has been instrumental in building Argus' proprietary valuation models, which are a key part of the proprietary Argus Six-Point Rating System. He also oversees Argus' technical analysis products; writes the Portfolio Selector report and other publications; and manages several Argus model portfolios. As a Senior Analyst, Jim covers Communications Equipment, Semiconductors, Information Processing and Electronic Manufacturing Services companies. he is a CFA charter-holder, and is a three-time winner in The Wall Street Journal's "Best on the Street" All-Star Analyst Survey. In July 2010, McGraw-Hill Professional published Jim's book, "Equity Valuation for Analysts & Investors." The book, a single-volume treatment of financial modeling and valuation process, introduces the Argus proprietary valuation methodology known as Peer Derived Value.