Sanmina-SCI (NASDAQ: SANM)‘s stock had its “buy” rating reaffirmed by investment analysts at Needham & Company in a note issued to investors on Thursday.
Separately, analysts at Goldman Sachs (NYSE: GS) reiterated a “neutral” rating on shares of Sanmina-SCI in a research note to investors on Monday, January 9th.
Sanmina-SCI Corporation is an independent global provider of customized, integrated electronics manufacturing services (EMS). The Company provides these services primarily to original equipment manufacturers (OEMs), in the communications, enterprise computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, renewable energy and automotive industries. The Company’s services include product design and engineering, including initial development, detailed design, prototyping, validation, preproduction services and manufacturing design release; manufacturing of components, subassemblies and complete systems; final system assembly and test; direct order fulfillment and logistics services, and after-market product service and support. The Company manufactures products in 18 countries on five continents.
Shares of Sanmina-SCI opened at 10.50 on Thursday. Sanmina-SCI has a one year low of $6.01 and a one year high of $17.32. The stock’s 50-day moving average is $9.30 and its 200-day moving average is $8.56. The company has a market cap of $848.1 million and a P/E ratio of 12.65.