Sanmina Corporation (SANM) Analysts See $0.62 EPS

January 19, 2018 - By Michael Collier

 Sanmina Corporation (SANM) Analysts See $0.62 EPS
Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.16, from 0.95 in 2017Q2. It dived, as 25 investors sold Sanmina Corporation shares while 103 reduced holdings. 25 funds opened positions while 76 raised stakes. 66.06 million shares or 4.90% less from 69.46 million shares in 2017Q2 were reported.
Advisory Networks Limited Liability Company holds 0.02% of its portfolio in Sanmina Corporation (NASDAQ:SANM) for 5,865 shares. Metropolitan Life owns 0.01% invested in Sanmina Corporation (NASDAQ:SANM) for 51,011 shares. Public Employees Retirement Of Ohio stated it has 42,577 shares. Quantbot Techs Limited Partnership reported 0.04% stake. Teachers Retirement System Of The State Of Kentucky holds 0.01% in Sanmina Corporation (NASDAQ:SANM) or 28,900 shares. Pnc Fincl Services Gp holds 0.01% or 212,725 shares in its portfolio. Nuveen Asset Mngmt Ltd stated it has 737,234 shares or 0.18% of all its holdings. Rhumbline Advisers holds 0.01% or 162,096 shares in its portfolio. Grantham Mayo Van Otterloo & Ltd Co accumulated 114,893 shares or 0.02% of the stock. Schroder Management Group Inc holds 16,432 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corporation has 0.03% invested in Sanmina Corporation (NASDAQ:SANM) for 84,594 shares. Rothschild Asset has 204,962 shares for 0.08% of their portfolio. Mason Street Advsr Ltd Llc accumulated 19,089 shares or 0.02% of the stock. Macquarie Group Inc Ltd owns 0% invested in Sanmina Corporation (NASDAQ:SANM) for 60,300 shares. Whittier Tru Communications Of Nevada Incorporated holds 0% of its portfolio in Sanmina Corporation (NASDAQ:SANM) for 40 shares.

Since August 14, 2017, it had 0 insider buys, and 2 selling transactions for $741,599 activity.

Analysts expect Sanmina Corporation (NASDAQ:SANM) to report $0.62 EPS on January, 29.They anticipate $0.03 EPS change or 5.08 % from last quarter’s $0.59 EPS. SANM’s profit would be $44.65 million giving it 14.09 P/E if the $0.62 EPS is correct. After having $0.64 EPS previously, Sanmina Corporation’s analysts see -3.13 % EPS growth. The stock increased 1.16% or $0.4 during the last trading session, reaching $34.95. About 598,056 shares traded. Sanmina Corporation (NASDAQ:SANM) has risen 44.39% since January 19, 2017 and is uptrending. It has outperformed by 27.69% the S&P500.

Sanmina Corporation (NASDAQ:SANM) Ratings Coverage

Among 11 analysts covering Sanmina-SCI Corporation (NASDAQ:SANM), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Sanmina-SCI Corporation had 27 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Monday, October 31 by Cross Research. The stock of Sanmina Corporation (NASDAQ:SANM) has “Hold” rating given on Thursday, August 31 by RBC Capital Markets. The firm has “Sector Perform” rating given on Tuesday, January 26 by RBC Capital Markets. On Tuesday, October 3 the stock rating was maintained by Needham with “Buy”. The firm has “Buy” rating given on Tuesday, April 26 by B. Riley & Co. As per Monday, December 18, the company rating was upgraded by Craig Hallum. The rating was downgraded by Goldman Sachs on Thursday, October 22 to “Neutral”. On Thursday, June 15 the stock rating was maintained by Bank of America with “Buy”. The firm earned “Buy” rating on Wednesday, August 30 by Needham. The stock of Sanmina Corporation (NASDAQ:SANM) earned “Buy” rating by B. Riley & Co on Friday, December 4.

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company has market cap of $2.52 billion. The firm offers product design and engineering solutions comprising concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It has a 19.63 P/E ratio. It also provides interconnect systems, such as printed circuit board fabrication, backplane, and cable assemblies; and mechanical systems, including enclosures, precision machining, and plastic injection molding; non-volatile DIMMs, solid state drives, and DRAM solutions; defense and aerospace products; storage products; and optical and radio frequency modules.

More notable recent Sanmina Corporation (NASDAQ:SANM) news were published by: Zacks.com which released: “Should Value Investors Consider Sanmina Corp (SANM) Stock Now?” on July 05, 2017, also Seekingalpha.com with their article: “Sanmina (SANM) Q4 2017 Results – Earnings Call Transcript” published on October 31, 2017, Nasdaq.com published: “Sanmina Corp (SANM) Files 10-K for the Fiscal Year Ended on September 30, 2017” on November 14, 2017. More interesting news about Sanmina Corporation (NASDAQ:SANM) were released by: Fool.com and their article: “Why Sanmina Corp. Shares Fell Today” published on July 25, 2017 as well as Marketwatch.com‘s news article titled: “Sanmina CEO Jure Sola to step down after 26 years in the role to be executive …” with publication date: July 06, 2017.

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