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Why Is Sanmina (SANM) Up 9.6% Since Last Earnings Report?

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It has been about a month since the last earnings report for Sanmina (SANM - Free Report) . Shares have added about 9.6% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Sanmina due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended downward during the past month.

The consensus estimate has shifted -15.33% due to these changes.

VGM Scores

Currently, Sanmina has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of this revision indicates a downward shift. It's no surprise Sanmina has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry Player

Sanmina belongs to the Zacks Electronics - Manufacturing Services industry. Another stock from the same industry, Celestica (CLS - Free Report) , has gained 36.6% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Celestica reported revenues of $2.65 billion in the last reported quarter, representing a year-over-year change of +19.9%. EPS of $1.20 for the same period compares with $0.86 a year ago.

Celestica is expected to post earnings of $1.23 per share for the current quarter, representing a year-over-year change of +35.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +1.9%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Celestica. Also, the stock has a VGM Score of B.


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