For its fourth fiscal quarter (ending September 30), Sanmina Corp (NASDAQ: SANM) has reported a 4% increase in E.P.S. from $1.08 a year ago to $1.12 in the current quarter. E.P.S. were $4.00 for the latest four quarters through September 30 versus $5.36 for the same period a year ago — a decline of -25%.
Recent Price Action
Sanmina Corp (NASDAQ: SANM) stock closed at $72.80 on 11/4/24 after a large increase of 2.0%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 7.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SANM is expected to continue to be an important Value Builder.
Sanmina has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sanmina has a good Appreciation Score of 71 and a good Power Rating of 72, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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