Sanmina Corp (SANM) Stock AnalysisSANMSanmina Corp

Sanmina Corporation is a global provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It provides end-to-end manufacturing solutions, delivering support to original equipment manufacturers in the industrial and energy, medical, defense and aerospace, automotive and transportation, communications networks and cloud and artificial intelligence infrastructure industries. Its operations are managed in two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS segment consists of printed circuit board assembly and test, high-level assembly and test and direct-order-fulfillment. CPS includes advanced printed circuit boards, backplanes and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts and plastic injected molded parts. Its products include optical, radio frequency and microelectronic design and manufacturing services, among others. It operates in the Technology sector (PRINTED CIRCUIT BOARDS industry).

Sanmina Corp is currently a hold. The stock is priced at $194.01, with a forward P/E of 13.947, indicating it may be undervalued compared to its earnings potential. However, the RSI is at 45.534, suggesting it is neither overbought nor oversold, and insider selling has increased by 357.93%, indicating potential concerns about future performance. The recent earnings report showed strong revenue growth of 69.6% year-over-year, but the stock dropped over 20% due to lower Q4 revenue expectations, which raises caution for potential investors.

7 analysts cover SANM: 1 rate it Buy, 6 Hold and 0 Sell. The average price target is 180.00.