Ichor (NASDAQ:ICHR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Ichor (NASDAQ:ICHR) from a sell rating to a hold rating in a research report sent to investors on Monday.

Several other equities analysts also recently weighed in on the stock. B. Riley downgraded shares of Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price target on the stock. in a report on Tuesday, August 5th. Oppenheimer set a $21.00 target price on shares of Ichor and gave the stock a “market perform” rating in a report on Tuesday, August 5th. DA Davidson lowered their target price on shares of Ichor from $45.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Stifel Nicolaus set a $23.00 target price on shares of Ichor and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, TD Cowen lowered their target price on shares of Ichor from $28.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Ichor has a consensus rating of “Moderate Buy” and a consensus price target of $23.80.

Ichor Price Performance

Shares of NASDAQ:ICHR opened at $19.81 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32. Ichor has a 1-year low of $13.12 and a 1-year high of $36.48. The company has a market capitalization of $680.08 million, a P/E ratio of -32.48 and a beta of 1.88. The firm’s 50 day simple moving average is $17.81 and its two-hundred day simple moving average is $19.23.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.11). Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The firm had revenue of $240.29 million for the quarter, compared to analysts’ expectations of $234.51 million. During the same period in the prior year, the firm earned $0.05 EPS. Ichor’s revenue for the quarter was up 18.2% compared to the same quarter last year. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Research analysts expect that Ichor will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at Ichor

In other Ichor news, Director Iain Mackenzie purchased 25,000 shares of Ichor stock in a transaction that occurred on Thursday, August 7th. The shares were bought at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the transaction, the director owned 60,011 shares of the company’s stock, valued at approximately $997,982.93. This trade represents a 71.41% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Marc Haugen purchased 3,000 shares of Ichor stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average price of $17.75 per share, for a total transaction of $53,250.00. Following the transaction, the director directly owned 42,960 shares of the company’s stock, valued at $762,540. The trade was a 7.51% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several large investors have recently bought and sold shares of ICHR. Two Sigma Advisers LP increased its position in Ichor by 116.7% in the fourth quarter. Two Sigma Advisers LP now owns 19,500 shares of the technology company’s stock worth $628,000 after purchasing an additional 10,500 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Ichor by 19.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,633 shares of the technology company’s stock worth $2,115,000 after purchasing an additional 10,729 shares during the last quarter. Mackenzie Financial Corp bought a new stake in Ichor in the fourth quarter worth $682,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Ichor in the fourth quarter worth $1,474,000. Finally, GAMMA Investing LLC increased its position in Ichor by 1,273.8% during the first quarter. GAMMA Investing LLC now owns 18,766 shares of the technology company’s stock valued at $4,240,000 after acquiring an additional 17,400 shares during the last quarter. Institutional investors own 94.81% of the company’s stock.

About Ichor

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.