Is Sanmina (SANM) a Great Value Stock Right Now?

Core Insights - The Zacks Rank emphasizes earnings estimates and revisions to identify strong stocks, while also considering value, growth, and momentum trends [1] - Value investing is a preferred strategy for finding undervalued stocks through fundamental analysis and traditional valuation metrics [2] - Zacks has developed the Style Scores system to highlight stocks with specific traits, particularly for value investors seeking high grades in the "Value" category [3] Company Overview: Sanmina (SANM) - Sanmina (SANM) currently holds a Zacks Rank of 1 (Strong Buy) and an A grade for Value, indicating strong investment potential [4] - The stock has a P/E ratio of 11.52, significantly lower than the industry average P/E of 15.41, suggesting it may be undervalued [4] - SANM's Forward P/E has fluctuated between 9.58 and 14.08 over the past year, with a median of 11.21 [4] - The PEG ratio for SANM is 0.86, compared to the industry's average PEG of 1.20, further indicating potential undervaluation [5] - Over the past year, SANM's PEG has ranged from 0.71 to 1.55, with a median of 1.07 [5] - These metrics suggest that SANM is likely undervalued and presents an impressive value stock opportunity, especially considering its strong earnings outlook [6]