With 0.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Electronic Components company that operates in wider Technology sector, reached to the highest price of $68.8629 whereas the lowest price it dropped to was $67.5. The 52-week range on SANM shows that it touched its highest point at $76.84 and its lowest point at $43.40 during that stretch. It currently has a 1-year price target of $68.25. Beta for the stock currently stands at 0.90.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SANM was up-trending over the past week, with a rise of 1.13%, but this was down by -0.88% over a month. Three-month performance dropped to -5.22% while six-month performance rose 16.37%. The stock gained 27.63% in the past year, while it has gained 32.18% so far this year. A look at the trailing 12-month EPS for SANM yields 3.86 with Next year EPS estimates of 6.10. For the next quarter, that number is 1.38. This implies an EPS growth rate of -16.23% for this year and 16.40% for next year.
Float and Shares Shorts:
At present, 56.83 million SANM shares are outstanding with a float of 52.74 million shares on hand for trading. On 2024-09-30, short shares totaled 2.22 million, which was 405.99998 higher than short shares on 1724976000. In addition to Mr. Jure Sola as the firm’s Co-Founder, Executive Chairman & CEO, Mr. Alan McWilliams Reid serves as its Executive Vice President of Global Human Resources.
Institutional Ownership:
Through their ownership of 0.99758005 of SANM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-29, SANM reported revenue of $1841430000.0 and operating income of $84160000.0. The EBITDA in the recently reported quarter was $113701000.0 and diluted EPS was $0.91.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SANM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.