Analyst Ratings for Sanmina Corp. (SANM)

Updated: 2017-07-24

Shares of Sanmina Corp. (NASDAQ:SANM) have received a consensus rating of Overweight from Wall Street analysts. SANM had previously received a consensus rating of Overweight a month ago.

Of the 7 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for SANM. The highest price target was 52, implying a possible profit of 25.15 percent. The most pessimistic price target was 42, implying potential capital losses of 1.08 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

SANM has an estimated earnings growth rate of 4.08 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SANM has a PEG ratio of 3.81.

SANM has a 52-week high of 42.00 and a 52-week low of 23.50. Today's price is 76.81 percent above the 52-week low, and 1.07 percent lower than its 52-week high. SANM has a P/E ratio of 15.56. Investors typically compare the P/E ratio to a company's peers in the industry. The SANM value stock report compares SANM to some of its peers using value stock charts. The stock has a market capitalization of $3.14 billion. SANM's next earnings release will be on 0000-00-00, which is days away.