Home News Current Trend: Sanmina Corporation (NASDAQ: SANM)

Current Trend: Sanmina Corporation (NASDAQ: SANM)


Sanmina Corporation trades as part of the computer hardware industry and trades as part of the technology sector. The company CEO is Robert K. Eulau. Sanmina Corp is engaged in the business of Integrated Manufacturing Solutions and Components, Products, and Services, which includes interconnect systems and mechanical systems.

Previous Intraday Trading Performance:

The SANM stock showed a previous change of -0.49% with an open at 30.65 and a close of 30.40. It reached an intraday high of 30.80 and a low of 30.40.

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The stock has a market cap of $2.1b with 68.0m shares outstanding, of which the float is 63.5m shares. Trading volume reached 262,431 shares compared to its average volume of 340,767 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Sanmina Corporation shares returned 3.58% and in the past 30 trading days it returned 3.58%. Over three months, it changed 2.18%. In one year it has changed -15.20% and within that year its 52-week high was 39.40 and its 52-week low was 24.60. SANM stock is 23.58% above its 52 Week Low.

Our calculations show a 200 day moving average of 30.34 and a 50 day moving average of 30.15. Currently SANM stock is trading 0.21% above its 200 day moving average and may be a good opportunity to buy.

PR Newswire:  Newisys Unveils Breakthrough NVMe Enterprise Storage Solution for Ultra-High Performance Applications


The last annual fiscal EPS for the company was reported at 1.79 that ended on 30th of September 2017, which according to the previous close, that is a PE of 16.98. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.25. The TTM EPS is 2.27, which comes to a TTM PE of 13.39. Historically, the PE high was 27.20 and the PE low was 3.50. If the stock reached its PE low, that would represent a price of 7.95, which is a decrease of -73.86%.

The following are the last four quarter reported earnings per share:
06-30-2018:  0.55
03-31-2018:  0.50
12-31-2017:  0.39
09-30-2017:  0.64

Indicators to Watch:

Based on the latest filings, there is 6.50% of insider ownership and 94.40% of institutional ownership. Short-interest is 1,825,864, which is 2.69% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.38. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.45

Business Wire:  Safety Announces Second Quarter 2018 Results and Declares Third Quarter 2018 Dividend

Fundamental Indicators:

Based on last reported financials, the company's return on assets is -1.83%, profit margin is -1.01%, price-to-sales is 0.30 and price-to-book is 1.26.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 5  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.


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