Latest news with #SanminaCorporation
Yahoo
20-05-2025
- Business
- Yahoo
Advanced Micro Devices (NasdaqGS:AMD) Engages In Merger Talks With Sanmina Corporation
Advanced Micro Devices recently held an M&A call with Sanmina Corporation, signaling a potential shift in growth strategy. Over the past month, AMD's stock price surged 31%, a change that is significantly larger than the market's 1.6% increase. Key factors likely contributing to this performance include robust Q1 2025 earnings growth and an expanded share buyback plan. The announced strategic alliances and product launches further underscore AMD's comprehensive approach to enhancing its technological leadership and market positioning. These developments likely added weight to AMD's price movements beyond broader market trends. Buy, Hold or Sell Advanced Micro Devices? View our complete analysis and fair value estimate and you decide. The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Advanced Micro Devices' recent M&A discussions with Sanmina Corporation could have substantial implications for its market strategy and asset allocation. This shift might enable AMD to diversify its operations and reduce dependency on volatile markets prone to regulatory challenges. However, strict export controls and the intensifying global competition discussed in your narrative could inhibit long-term revenue growth as anticipated in bearish forecasts. Over a five-year period, AMD's shares delivered a total return of 107.98%. This suggests robust long-term performance, although recent 12-month results reflect underperformance compared to both the broader US market and the US Semiconductor industry, which posted returns of 11.7% and 19.7%, respectively. The long-term gains stress AMD's capacity to deliver significant value over extended periods amidst fluctuating market conditions. The potential partnership with Sanmina might positively influence future revenue and earnings projections by opening up new avenues and streamlining production efficiencies. However, persistent challenges like regulatory barriers and heightened competition could dampen this outlook. Considering the current share price of US$98.62, AMD trades at around a 10.94% discount to the consensus price target of US$127.29. This indicates a potential upside if AMD succeeds in overcoming anticipated obstacles while capitalizing on AI and data center demand. As always, it is wise to compare analyst expectations with your insights regarding AMD's strategy and performance trends. Understand Advanced Micro Devices' earnings outlook by examining our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMD. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
22-04-2025
- Business
- Yahoo
SANMINA CORPORATION INVITES YOU TO JOIN ITS SECOND QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL
SAN JOSE, Calif., April 21, 2025 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its second quarter fiscal 2025 earnings conference call on Monday, April 28, 2025 at 5:00 PM ET. The live webcast presentation and supporting materials will be available on the Sanmina website at in the Investor Relations section. A webcast replay will be available at the same location upon the conclusion of the event. About SanminaSanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at Sanmina Contact:Paige MelchingSVP, Investor Communications408.964.3610 Logo - View original content: SOURCE Sanmina Corporation Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
What Is Sanmina Corporation's (NASDAQ:SANM) Share Price Doing?
Sanmina Corporation (NASDAQ:SANM), might not be a large cap stock, but it saw significant share price movement during recent months on the NASDAQGS, rising to highs of US$90.52 and falling to the lows of US$73.38. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Sanmina's current trading price of US$76.19 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Sanmina's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. See our latest analysis for Sanmina The stock seems fairly valued at the moment according to our valuation model. It's trading around 18% below our intrinsic value, which means if you buy Sanmina today, you'd be paying a reasonable price for it. And if you believe the company's true value is $93.25, then there's not much of an upside to gain from mispricing. In addition to this, Sanmina has a low beta, which suggests its share price is less volatile than the wider market. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by 25% over the next year, the near-term future seems bright for Sanmina. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? SANM's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value? Are you a potential investor? If you've been keeping tabs on SANM, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. So while earnings quality is important, it's equally important to consider the risks facing Sanmina at this point in time. Every company has risks, and we've spotted 1 warning sign for Sanmina you should know about. If you are no longer interested in Sanmina, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
Sanmina's (NASDAQ:SANM) Q4 Sales Beat Estimates
Electronics manufacturing services company Sanmina (NASDAQ:SANM) reported Q4 CY2024 results beating Wall Street's revenue expectations , with sales up 7% year on year to $2.01 billion. On the other hand, next quarter's revenue guidance of $1.95 billion was less impressive, coming in 2.1% below analysts' estimates. Its non-GAAP profit of $1.44 per share was 5.1% above analysts' consensus estimates. Is now the time to buy Sanmina? Find out in our full research report. Revenue: $2.01 billion vs analyst estimates of $1.98 billion (7% year-on-year growth, 1.5% beat) Adjusted EPS: $1.44 vs analyst estimates of $1.37 (5.1% beat) Revenue Guidance for Q1 CY2025 is $1.95 billion at the midpoint, below analyst estimates of $1.99 billion Adjusted EPS guidance for Q1 CY2025 is $1.35 at the midpoint, below analyst estimates of $1.42 Operating Margin: 4.4%, in line with the same quarter last year Free Cash Flow Margin: 2.3%, down from 4.9% in the same quarter last year Market Capitalization: $4.56 billion "We delivered solid first quarter financial results, with revenue towards the high end and non-GAAP earnings per share exceeding our outlook. We continue to execute well, as evident in our consistent operating margin and cash generation," stated Jure Sola, Chairman and Chief Executive Officer of Sanmina Corporation. Founded in 1980, Sanmina (NASDAQ:SANM) is an electronics manufacturing services company offering end-to-end solutions for various industries. Like many equipment and component manufacturers, electrical systems companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include Internet of Things (IoT) connectivity and the 5G telecom upgrade cycle, which can benefit companies whose cables and conduits fit those needs. But like the broader industrials sector, these companies are also at the whim of economic cycles. Interest rates, for example, can greatly impact projects that drive demand for these products. A company's long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Unfortunately, Sanmina struggled to consistently increase demand as its $7.7 billion of sales for the trailing 12 months was close to its revenue five years ago. This fell short of our benchmarks and is a sign of poor business quality. We at StockStory place the most emphasis on long-term growth, but within industrials, a half-decade historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Sanmina's recent history shows its demand has stayed suppressed as its revenue has declined by 4.9% annually over the last two years. This quarter, Sanmina reported year-on-year revenue growth of 7%, and its $2.01 billion of revenue exceeded Wall Street's estimates by 1.5%. Company management is currently guiding for a 6.3% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 8.4% over the next 12 months, an improvement versus the last two years. This projection is above average for the sector and suggests its newer products and services will fuel better top-line performance. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sanmina was profitable over the last five years but held back by its large cost base. Its average operating margin of 4.5% was weak for an industrials business. This result isn't too surprising given its low gross margin as a starting point. Analyzing the trend in its profitability, Sanmina's operating margin might have seen some fluctuations but has generally stayed the same over the last five years, which doesn't help its cause. In Q4, Sanmina generated an operating profit margin of 4.4%, in line with the same quarter last year. This indicates the company's cost structure has recently been stable. Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Sanmina's EPS grew at a solid 10% compounded annual growth rate over the last five years, higher than its flat revenue. However, this alone doesn't tell us much about its business quality because its operating margin didn't expand. Diving into the nuances of Sanmina's earnings can give us a better understanding of its performance. A five-year view shows that Sanmina has repurchased its stock, shrinking its share count by 23.1%. This tells us its EPS outperformed its revenue not because of increased operational efficiency but financial engineering, as buybacks boost per share earnings. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Sanmina, its two-year annual EPS declines of 1.4% mark a reversal from its (seemingly) healthy five-year trend. We hope Sanmina can return to earnings growth in the future. In Q4, Sanmina reported EPS at $1.44, up from $1.30 in the same quarter last year. This print beat analysts' estimates by 5.1%. Over the next 12 months, Wall Street expects Sanmina's full-year EPS of $5.42 to grow 15.8%. It was good to see Sanmina narrowly top analysts' revenue expectations this quarter. We were also happy its EPS outperformed Wall Street's estimates. On the other hand, its revenue and EPS guidance for next quarter fell short of Wall Street's estimates. Overall, this quarter was mixed. The stock traded up 2.5% to $80.60 immediately after reporting. Should you buy the stock or not? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free.
