Is Sanmina Stock a Good Investment?

Sanmina Investment Advice

SANM

To provide specific investment advice or recommendations on Sanmina stock, we recommend investors consider the following general factors when evaluating Sanmina. This will help you to make an informed decision on whether to include Sanmina in one of your diversified portfolios:

Examine Sanmina's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Sanmina's leadership team and their track record. Good management can help Sanmina navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Sanmina's business and its evolving consumer preferences.
Compare Sanmina's performance and market position to its competitors. Analyze how Sanmina is positioned in terms of product offerings, innovation, and market share.
Check if Sanmina pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Sanmina's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Sanmina stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sanmina is a good investment.

Sell

Buy

Macroaxis provides unbiased trade recommendation on Sanmina that should be used to complement current analysts and expert consensus on Sanmina. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Sanmina is not overpriced, please validate all Sanmina fundamentals, including its revenue, cash flow from operations, current asset, as well as the relationship between the cash per share and beta . Given that Sanmina has a number of shares shorted of 1.48 M, we advise you to double-check Sanmina market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance	OK	Details
Volatility	Very steady	Details
Hype Condition	Under hyped	Details
Current Valuation	Overvalued	Details
Odds Of Distress	Very Small	Details
Economic Sensitivity	Hyperactively responds to market trends	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Sanmina Stock

Researching Sanmina's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sanmina has Price/Earnings To Growth (PEG) ratio of 0.87. The entity had not issued any dividends in recent years. The firm had 1:6 split on the 17th of August 2009.

To determine if Sanmina is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sanmina's research are outlined below:

	Sanmina is unlikely to experience financial distress in the next 2 years
	Over 99.0% of the company shares are owned by institutional investors
	Latest headline from thelincolnianonline.com: Sanmina Co. Position Boosted by Global Alpha Capital Management Ltd.

Sanmina uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sanmina. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sanmina's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	29th of January 2024 Upcoming Quarterly Report	View
	9th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	4th of November 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	30th of September 2023 Last Financial Announcement	View

Earnings surprises can significantly impact Sanmina's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Sanmina's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2010-04-26	2010-03-31	0.25	0.29	0.04	16
2004-07-20	2004-06-30	0.38	0.42	0.04	10
2004-04-20	2004-03-31	0.26	0.3	0.04	15
2004-01-20	2003-12-31	0.26	0.3	0.04	15
2018-04-23	2018-03-31	0.45	0.5	0.05	11
2014-07-21	2014-06-30	0.48	0.53	0.05	10
2014-04-22	2014-03-31	0.39	0.44	0.05	12
2013-08-02	2013-06-30	0.35	0.4	0.05	14

Know Sanmina's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Sanmina is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sanmina backward and forwards among themselves. Sanmina's institutional investor refers to the entity that pools money to purchase Sanmina's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
D. E. Shaw & Co Lp	2024-09-30	963.5 K
Frontier Capital Management Co Inc	2024-09-30	914.5 K
American Century Companies Inc	2024-09-30	862.2 K
Global Alpha Capital Management Ltd.	2024-06-30	772.8 K
Goldman Sachs Group Inc	2024-06-30	755.8 K
Northern Trust Corp	2024-09-30	739.6 K
Nuveen Asset Management, Llc	2024-06-30	697.9 K
Norges Bank	2024-06-30	659.6 K
Charles Schwab Investment Management Inc	2024-09-30	606.7 K
Blackrock Inc	2024-06-30	9.7 M
Vanguard Group Inc	2024-09-30	7.5 M

Note, although Sanmina's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Sanmina's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.34 B.

Market Cap

2 Billion

Sanmina's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.05	0.05
Return On Capital Employed	0.12	0.09
Return On Assets	0.05	0.05
Return On Equity	0.09	0.10

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Determining Sanmina's profitability involves analyzing its financial statements and using various financial metrics to determine if Sanmina is a good buy. For example, gross profit margin measures Sanmina's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sanmina's profitability and make more informed investment decisions.

Sanmina's Earnings Breakdown by Geography

Evaluate Sanmina's management efficiency

Sanmina has return on total asset (ROA) of 0.0451 % which means that it generated a profit of $0.0451 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1016 %, meaning that it created $0.1016 on every $100 dollars invested by stockholders. Sanmina's management efficiency ratios could be used to measure how well Sanmina manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Sanmina's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.05, while Return On Capital Employed is likely to drop 0.09. At this time, Sanmina's Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 95.7 M, while Non Currrent Assets Other are likely to drop about 93.9 M.

	Last Reported	Projected for Next Year
Book Value Per Share	42.48	44.60
Tangible Book Value Per Share	42.48	44.60
Enterprise Value Over EBITDA	7.45	9.74
Price Book Value Ratio	1.61	1.53
Enterprise Value Multiple	7.45	9.74
Price Fair Value	1.61	1.53
Enterprise Value	2.8 B	2.3 B

Leadership effectiveness at Sanmina is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.

Beta

0.892

Basic technical analysis of Sanmina Stock

As of the 25th of November, Sanmina has the Semi Deviation of 1.42, risk adjusted performance of 0.0936, and Coefficient Of Variation of 881.18. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sanmina, as well as the relationship between them. Please validate Sanmina variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Sanmina is priced more or less accurately, providing market reflects its prevalent price of 79.41 per share. Given that Sanmina has jensen alpha of (0.01), we advise you to double-check Sanmina's current market performance to make sure the company can sustain itself at a future point.

Sanmina's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sanmina insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sanmina's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sanmina insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Delaney Eugene A over two weeks ago Disposition of 5079 shares by Delaney Eugene A of Sanmina at 83.07 subject to Rule 16b-3
		Jure Sola over a month ago Acquisition by Jure Sola of 100000 shares of Sanmina at 51.49 subject to Rule 16b-3
		Rosati Mario M over two months ago Disposition of 8598 shares by Rosati Mario M of Sanmina at 17.06 subject to Rule 16b-3
		Jure Sola over three months ago Disposition of 7494 shares by Jure Sola of Sanmina at 24.65 subject to Rule 16b-3
		Jure Sola over three months ago Disposition of tradable shares by Jure Sola of Sanmina at 69.0 subject to Rule 16b-3
		Johnson Susan A over three months ago Disposition of 1000 shares by Johnson Susan A of Sanmina at 65.95 subject to Rule 16b-3
		Jure Sola over six months ago Disposition of 1485 shares by Jure Sola of Sanmina subject to Rule 16b-3
		Alan Reid over six months ago Disposition of 2472 shares by Alan Reid of Sanmina at 66.37 subject to Rule 16b-3
		Alan Reid over six months ago Disposition of 3528 shares by Alan Reid of Sanmina at 65.43 subject to Rule 16b-3
		Alan Reid over six months ago Disposition of 1730 shares by Alan Reid of Sanmina at 65.93 subject to Rule 16b-3
		Brent Billinger over six months ago Disposition of 3471 shares by Brent Billinger of Sanmina at 59.18 subject to Rule 16b-3
		Jure Sola over six months ago Disposition of 129762 shares by Jure Sola of Sanmina at 54.1977 subject to Rule 16b-3

Sanmina's Outstanding Corporate Bonds

Sanmina issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sanmina uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sanmina bonds can be classified according to their maturity, which is the date when Sanmina has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

SANOFI S A Corp Bond

US801060AD60

View

View All Sanmina Corporate Bonds

Understand Sanmina's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Sanmina's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.0936
	Market Risk Adjusted Performance	0.1281
	Mean Deviation	1.46
	Semi Deviation	1.42
	Downside Deviation	1.62
	Coefficient Of Variation	881.18
	Standard Deviation	2.23
	Variance	4.97
	Information Ratio	0.0548
	Jensen Alpha	(0.01)
	Total Risk Alpha	(0.11)
	Sortino Ratio	0.0753
	Treynor Ratio	0.1181
	Maximum Drawdown	15.9
	Value At Risk	(2.64)
	Potential Upside	2.44
	Downside Variance	2.64
	Semi Variance	2.01
	Expected Short fall	(1.70)
	Skewness	2.57
	Kurtosis	14.23

	Risk Adjusted Performance	0.0936
	Market Risk Adjusted Performance	0.1281
	Mean Deviation	1.46
	Semi Deviation	1.42
	Downside Deviation	1.62
	Coefficient Of Variation	881.18
	Standard Deviation	2.23
	Variance	4.97
	Information Ratio	0.0548
	Jensen Alpha	(0.01)
	Total Risk Alpha	(0.11)
	Sortino Ratio	0.0753
	Treynor Ratio	0.1181
	Maximum Drawdown	15.9
	Value At Risk	(2.64)
	Potential Upside	2.44
	Downside Variance	2.64
	Semi Variance	2.01
	Expected Short fall	(1.70)
	Skewness	2.57
	Kurtosis	14.23

Consider Sanmina's intraday indicators

Sanmina intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sanmina stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0286
	Daily Balance Of Power	(0.05)
	Rate Of Daily Change	1.0
	Day Median Price	79.82
	Day Typical Price	79.68
	Market Facilitation Index	2.32
	Price Action Indicator	(0.47)
	Period Momentum Indicator	(0.11)
	Relative Strength Index	82.27

Sanmina Corporate Filings

13A	12th of November 2024 An amended filing to the original Schedule 13G	View Verify
F4	8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
8K	29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
10Q	31st of July 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations	View Verify

Sanmina time-series forecasting models is one of many Sanmina's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sanmina's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Sanmina Stock media impact

Far too much social signal, news, headlines, and media speculation about Sanmina that are available to investors today. That information is available publicly through Sanmina media outlets and privately through word of mouth or via Sanmina internal channels. However, regardless of the origin, that massive amount of Sanmina data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Sanmina news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sanmina relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sanmina's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sanmina alpha.

Sanmina Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Sanmina can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Sanmina Historical Investor Sentiment

Investor biases related to Sanmina's public news can be used to forecast risks associated with an investment in Sanmina. The trend in average sentiment can be used to explain how an investor holding Sanmina can time the market purely based on public headlines and social activities around Sanmina. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Sanmina's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sanmina and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Sanmina news discussions. The higher the estimate score, the more favorable the investor's outlook on Sanmina.

Sanmina Corporate Management

Brent Billinger	Principal Accounting Officer	Profile
Christopher Sadeghian	Corporate Legal	Profile
Marco Hagelsieb	Chief IMS	Profile
Paige Melching	Senior Communications	Profile

When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports: