Sanmina traded at $235.34 this Friday May 15th, decreasing $6.70 or 2.77 percent since the previous trading session. Looking back, over the last four weeks, Sanmina lost 39.28 percent. Over the last 12 months, its price rose by 178.31 percent. Looking ahead, we forecast Sanmina to be priced at 230.61 by the end of this quarter and at 216.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sanmina Corporation is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The Company provides these offerings to original equipment manufacturers (OEMs) that serves the industrial, medical, defense and aerospace, automotive, communications networks and cloud solutions industries. Its operations are managed as two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS consists of printed circuit board assembly and test, high-level assembly and test, and direct-order-fulfillment. CPS includes components such as interconnect systems (printed circuit board fabrication, backplane, cable assemblies and plastic injection molding) and mechanical systems (enclosures and precision machining). Its Products include memory, enterprise solution, radio frequency (RF), optical and microelectronics, defense and aerospace products and cloud-based manufacturing execution software.