Sanmina (NASDAQ:SANM) Releases Q1 2027 Earnings Guidance

Sanmina (NASDAQ:SANM) updated its first quarter 2027 earnings guidance on Monday morning. The company provided earnings per share guidance of 3.500-3.850 for the period, compared to the consensus EPS estimate of 2.910. Sanmina also updated its FY 2027 guidance to 15.500-17.500 EPS.

Sanmina Stock Up 11.1%

Shares of SANM traded up $14.96 during trading hours on Monday, hitting $149.64. 1,475,793 shares of the company were exchanged, compared to its average volume of 873,058. The company has a market cap of $8.02 billion, a PE ratio of 26.77, a PEG ratio of 0.37 and a beta of 1.72. The firm’s 50 day moving average is $193.26 and its 200-day moving average is $190.72. Sanmina has a 52 week low of $118.10 and a 52 week high of $288.68. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, November 9th. The electronics maker reported $4.43 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $1.16. Sanmina had a return on equity of 19.08% and a net margin of 2.41%. The business had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.48 billion. Sanmina has set its Q1 2027 guidance at 3.500-3.850 EPS and its FY 2027 guidance at 15.500-17.500 EPS. On average, equities research analysts forecast that Sanmina will post 10.74 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on SANM. Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 11th. JPMorgan Chase & Co. reduced their price objective on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Finally, Weiss Ratings downgraded shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 18th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $198.33.

About Sanmina

Sanmina Corporation is a provider of integrated manufacturing solutions for companies that develop complex electronic, optical, and electromechanical products. Its services span product design and engineering, supply-chain management, manufacturing, and logistics, as well as repair and other aftermarket support.

The company serves customers in markets that include communications networks, cloud and data-center infrastructure, medical and life sciences, automotive, industrial equipment, and aerospace and defense.