Street Calls of the Week
Sanmina Corporation’s stock reached a 52-week high, trading at $158.00. This milestone reflects a notable increase in the company’s stock performance over the past year, with a 1-year change of 69.81%. According to InvestingPro, management has been aggressively buying back shares, demonstrating confidence in the company’s prospects. The company maintains a healthy financial position with a "GOOD" overall health score and a market capitalization of $6.08 billion. The surge to this new high underscores investor confidence and the company’s robust market position. Sanmina, a leader in integrated manufacturing solutions, has shown significant growth, driven by strategic initiatives and strong financial results. The stock’s ascent to this level marks a key achievement for the company and its stakeholders. Currently trading at a P/E ratio of 24.42, analysis suggests the stock may be overvalued. Discover more insights and 12 additional ProTips about Sanmina in the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Sanmina Corporation reported its financial results for the third quarter of fiscal year 2025. The company delivered earnings per share of $1.53, exceeding analysts’ expectations of $1.42. Revenue also outperformed projections, coming in at $2.04 billion compared to the anticipated $1.98 billion. These results highlight Sanmina’s ability to surpass market forecasts in both earnings and revenue. Despite this positive performance, the stock saw a minor decline after the announcement. The company’s ability to exceed expectations may be of interest to investors and analysts alike. No new analyst upgrades or downgrades were reported following these earnings results.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.