Ichor (NASDAQ:ICHR) Shares Gap Up After Analyst Upgrade

Ichor Holdings, Ltd. (NASDAQ:ICHR) gapped up prior to trading on Wednesday after Oppenheimer upgraded the stock from a market perform rating to an outperform rating. The stock had previously closed at $15.21, but opened at $16.75. Oppenheimer now has a $25.00 price target on the stock. Ichor shares last traded at $16.2570, with a volume of 314,602 shares traded.

Other equities research analysts also recently issued reports about the company. Zacks Research downgraded Ichor from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. TD Cowen decreased their price objective on Ichor from $28.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Wall Street Zen cut Ichor from a “hold” rating to a “strong sell” rating in a research report on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Ichor in a research note on Wednesday, October 8th. Finally, B. Riley lowered 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. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $23.20.

Institutional Investors Weigh In On Ichor

Several institutional investors and hedge funds have recently made changes to their positions in ICHR. Newbridge Financial Services Group Inc. bought a new position in Ichor in the 2nd quarter valued at $27,000. GAMMA Investing LLC grew its stake in shares of Ichor by 95.1% during the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after purchasing an additional 789 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Ichor by 1,060.9% in the second quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock valued at $34,000 after purchasing an additional 1,602 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of Ichor in the second quarter valued at approximately $37,000. Finally, Tower Research Capital LLC TRC raised its position in Ichor by 380.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock worth $71,000 after purchasing an additional 2,870 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Performance

The stock has a market cap of $557.09 million, a price-to-earnings ratio of -13.52 and a beta of 1.95. The company has a current ratio of 3.08, a quick ratio of 1.33 and a debt-to-equity ratio of 0.17. The firm has a fifty day simple moving average of $19.05 and a 200-day simple moving average of $18.99.

Ichor (NASDAQ:ICHR) last released its earnings results on Monday, November 3rd. The technology company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.05). Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. The firm had revenue of $239.30 million during the quarter, compared to analyst estimates of $235.14 million. During the same period last year, the business posted $0.12 earnings per share. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. Analysts forecast that Ichor Holdings, Ltd. will post 1.01 EPS for the current fiscal year.

Ichor Company Profile

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.