How to Buy Sanmina Stock
Sanmina Corp
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.
Sanmina stock last closed at $61.49, up 0.94% from the previous day, and has increased 18.02% in one year. It has overperformed other stocks in the Electronic Components industry by 0.02 percentage points. Sanmina stock is currently +41.67% from its 52-week low of $43.41, and -11.77% from its 52-week high of $69.69.
At the moment, there are 55.45M shares of SANM outstanding. The market value of SANM is $3.41B. In the past 24 hours, 278,370 SANM shares were traded.
How to Buy Sanmina Stock
Not sure how to invest in Sanmina stock? Here's how.
- Figure out where to buy Sanmina stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Sanmina stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your info.
- Research Sanmina stock: The Sanmina ticker symbol is SANM. Is Sanmina stock a good investment? Should you buy shares of SANM? How do SANM's underlying business fundamentals look? Do top analysts think Sanmina is a good buy? Why has SANM's stock price moved recently? (Hint: Our stock research website can help you understand if SANM is a good stock to buy).
- Execute your SANM purchase: Decide if you will purchase SANM shares at the current market price or use a limit order to purchase SANM stock at a particular price.
- Get updates on your SANM investment: Create a watchlist to the latest updates on your investment in Sanmina stock.
Step 1: Figure out where to buy Sanmina stock
You need a brokerage account in order to access the NASDAQ market and buy SANM shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to invest in SANM stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing funds into your investment account.
Step 4: Research Sanmina stock
Once you have chosen the best place to buy Sanmina stock, it's absolutely critical to evaluate their stock prior to investing, so you can comprehend the risk and upside.
Overview of key SANM info
SANM Fundamentals
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on SANM's stock page.
How is SANM stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SANM's true value.
Using relative valuations measures:
- SANM may be undervalued based on its P/E ratio of 14.14x, relative to Electronic Components industry P/E ratio of 26.32x
- SANM could be undervalued based on its P/B ratio of 1.47x, relative to Electronic Components industry P/B ratio of 3.57x
- SANM could be undervalued based on its PEG ratio of 0.9x
You can do additional valuation research on SANM's stock here.
SANM Financial Health Overview
Positive Financial Indicators:
- SANM earnings of $355.29M is not sufficient to cover its interest payments.
- Total SANM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the SANM balance sheet.
- There are more short-term assets than short-term liabilities on the SANM balance sheet.
- SANM's operating cash flow of $331.71M allows it to safely service it's debt of $321.38M.
Negative Financial Indicators:
- SANM has a relatively high debt to equity ratio of 1.01.
- SANM profit margin has gone down from 3.4% to 3.1% in the past year.
Is it a good time to buy SANM stock, according to analysts?
Out of 2 sell side analysts who research SANM, the consensus analyst rating on SANM is a Sell
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Sanmina stock forecast page.
SANM Trading Indicators
How is SANM performing as a company?
Last year, SANM earnings were $247.89M. Over the last 5 year, SANM's earnings have gone up by 21.54% per year. This was faster than the Electronic Components industry average of 11.31%.
Last year, SANM revenue was $7.97B. During the past 5 year, SANM's revenue has increased by -0.09% per year. This was slower than the Electronic Components industry average of 6.07%.
Dig into SANM's earnings and revenue performance here.
Are SANM insiders buying or selling the stock?
Over the past 12 months, insiders at SANM have bought more shares than they have sold.
David V. Hedley Iii, Director of SANM, was the latest SANM insider to sell. They sold $23,643.94 worth of SANM stock on Mar 18, 2024.
Learn more about who owns SANM stock here.
Does SANM stock generate passive income?
No, Sanmina doesn't provide an income stream by paying out dividends.
SANM Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your SANM purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want additional help investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your SANM investment
Now that you own some SANM stock, you'll want to keep up with your new investment.
Put SANM on a watchlist to track the latest developments regarding your SANM stock.
SANM Feed
How to Buy Stock in Sanmina
To summarize, here are the 6 steps to buy stock in Sanmina:
- Figure out where to buy Sanmina stock
- Open your brokerage account
- Fund your investment account
- Research Sanmina stock
- Execute your SANM purchase
- Get updates on your SANM investment
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Sanmina, click below.
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