Sanmina Corp (NASDAQ: SANM) on Monday, soared 22.72% from the previous trading day, before settling in for the closing price of $114.08. Within the past 52 weeks, SANM’s price has moved between $63.67 and $125.76.
Annual sales at Technology sector company grew by 14.62% over the past five years. The company achieved an average annual earnings per share of 12.64%. With a float of $51.45 million, this company’s outstanding shares have now reached $53.28 million.
Sanmina Corp (SANM) Insider Updates
Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Sanmina Corp is 3.45%, while institutional ownership is 100.10%. The most recent insider transaction that took place on Aug 29 ’25, was worth 89,875. In this transaction Director of this company sold 755 shares at a rate of $119.04, taking the stock ownership to the 8,827 shares. Before that another transaction happened on Aug 29 ’25, when Company’s Director proposed sale 755 for $119.04, making the entire transaction worth $89,875.
Sanmina Corp (SANM) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.43 earnings per share (EPS) for the period topping the consensus outlook (set at 1.27) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.81% during the next five years compared to 14.62% growth over the previous five years of trading.
Sanmina Corp (NASDAQ: SANM) Trading Performance Indicators
Sanmina Corp (SANM) is currently performing well based on its current performance indicators. A quick ratio of 1.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93. Likewise, its price to free cash flow for the trailing twelve months is 20.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.67, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 6.92 in one year’s time.
Technical Analysis of Sanmina Corp (SANM)
Sanmina Corp (NASDAQ: SANM) saw its 5-day average volume 1.32 million, a positive change from its year-to-date volume of 0.55 million. As of the previous 9 days, the stock’s Stochastic %D was 55.45%.
During the past 100 days, Sanmina Corp’s (SANM) raw stochastic average was set at 75.25%, which indicates a significant increase from 59.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.84 in the past 14 days, which was higher than the 3.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.04, while its 200-day Moving Average is $92.26. Nevertheless, the first resistance level for the watch stands at $155.81 in the near term. At $171.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $183.00. If the price goes on to break the first support level at $128.62, it is likely to go to the next support level at $117.25. Assuming the price breaks the second support level, the third support level stands at $101.43.
Sanmina Corp (NASDAQ: SANM) Key Stats
Market capitalization of the company is 7.46 billion based on 53,284K outstanding shares. Right now, sales total 7,568 M and income totals 222,540 K. The company made 2,042 M in profit during its latest quarter, and 68,620 K in sales during its previous quarter.
