Sanmina Stock Price on November 19, 2024

SANM Stock  USD 76.62  0.26  0.34%   
Below is the normalized historical share price chart for Sanmina extending back to April 14, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sanmina stands at 76.62, as last reported on the 20th of December, with the highest price reaching 78.48 and the lowest price hitting 76.08 during the day.
IPO Date
14th of April 1993
200 Day MA
68.3099
50 Day MA
75.1488
Beta
0.892
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sanmina Stock, it is important to understand the factors that can impact its price. As of now, Sanmina Stock is very steady. Sanmina owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0903, which indicates the firm had a 0.0903% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanmina, which you can use to evaluate the volatility of the company. Please validate Sanmina's Semi Deviation of 1.16, coefficient of variation of 1043.9, and Risk Adjusted Performance of 0.0822 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At this time, Sanmina's Common Stock Shares Outstanding is very stable compared to the past year. As of the 20th of December 2024, Other Stockholder Equity is likely to grow to about 4.2 B, while Liabilities And Stockholders Equity is likely to drop about 3.7 B. . At this time, Sanmina's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 20th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 13.35, while Price Earnings Ratio is likely to drop 10.13. Sanmina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0903

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Sanmina is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sanmina by adding it to a well-diversified portfolio.
Price Book
1.9238
Enterprise Value Ebitda
8.3499
Price Sales
0.5478
Shares Float
53.1 M
Wall Street Target Price
70.3333

Sanmina Valuation on November 19, 2024

It is possible to determine the worth of Sanmina on a given historical date. On November 19, 2024 Sanmina was worth 76.11 at the beginning of the trading date compared to the closed value of 76.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanmina stock. Still, in general, we apply an absolute valuation method to find Sanmina's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sanmina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanmina's related companies.
 Open High Low Close Volume
  77.39    77.74    76.60    77.06    187,717  
11/19/2024
  76.11    77.33    76.06    76.94    161,888  
  76.83    77.64    75.69    77.58    400,969  
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Open Value
76.11
76.94
Closing Value
82.36
Upside

Sanmina Trading Date Momentum on November 19, 2024

On November 20 2024 Sanmina was traded for  77.58  at the closing time. The top price for the day was 77.64  and the lowest listed price was  75.69 . The trading volume for the day was 401 K. The trading history from November 20, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 0.83% . The trading price change against the current closing price is 3.16% .

Sanmina Fundamentals Correlations and Trends

By evaluating Sanmina's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sanmina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanmina financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sanmina Stock history

Sanmina investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sanmina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanmina will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sanmina stock prices may prove useful in developing a viable investing in Sanmina
Last ReportedProjected for Next Year
Common Stock Shares Outstanding57 M69.6 M
Net Income Applicable To Common Shares294.5 M168.7 M

Sanmina Quarterly Net Working Capital

1.93 Billion

Sanmina Stock Technical Analysis

Sanmina technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sanmina technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sanmina trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sanmina Period Price Range

Low
December 20, 2024
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High

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Sanmina cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sanmina December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Sanmina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sanmina shares will generate the highest return on investment. By undertsting and applying Sanmina stock market strength indicators, traders can identify Sanmina entry and exit signals to maximize returns

Sanmina Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sanmina's price direction in advance. Along with the technical and fundamental analysis of Sanmina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanmina to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.05
Earnings Share
3.91
Revenue Per Share
136.141
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0451
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.