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Sanmina Corporation is currently in a long term uptrend where the price is trading 4.7% above its 200 day moving average.
From a valuation standpoint, the stock is 98.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.4.
Sanmina Corporation's total revenue sank by 4.6% to $2B since the same quarter in the previous year.
Its net income has increased by 25.2% to $48M since the same quarter in the previous year.
Finally, its free cash flow grew by 793.9% to $51M since the same quarter in the previous year.
Based on the above factors, Sanmina Corporation gets an overall score of 4/5.
Sector | Technology |
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CurrencyCode | USD |
Exchange | NASDAQ |
Industry | Electronic Components |
ISIN | US8010561020 |
Beta | 1.17 |
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Dividend Yield | 0.0% |
Target Price | 77 |
PE Ratio | 12.24 |
Market Cap | 3B |
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems. In addition, the company provides components, such as printed circuit boards, backplane and backplane assemblies, cable assemblies, fabricated metal parts, precision machined part, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, cloud solutions, clean technology, computing and storage, multimedia, and oil and gas industries. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
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