Ichor (NASDAQ:ICHR) Trading 7.6% Higher – What’s Next?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) shot up 7.6% during mid-day trading on Wednesday . The company traded as high as $32.38 and last traded at $32.90. 201,720 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 1,035,298 shares. The stock had previously closed at $30.57.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ICHR shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Monday, December 29th. Wall Street Zen lowered Ichor from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. B. Riley lifted their price target on Ichor from $19.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday. Needham & Company LLC upgraded Ichor from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Tuesday. Finally, Zacks Research upgraded Ichor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $29.14.

Ichor Stock Performance

The company has a quick ratio of 1.33, a current ratio of 3.08 and a debt-to-equity ratio of 0.17. The firm has a 50-day simple moving average of $19.27 and a 200 day simple moving average of $19.29. The company has a market cap of $1.14 billion, a price-to-earnings ratio of -27.59 and a beta of 1.83.

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

Insider Buying and Selling at Ichor

In related news, Director Iain Mackenzie purchased 10,000 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were purchased at an average price of $14.53 per share, with a total value of $145,300.00. Following the completion of the acquisition, the director directly owned 130,011 shares in the company, valued at $1,889,059.83. This represents a 8.33% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada grew its position in Ichor by 27.7% in the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock valued at $224,000 after buying an additional 2,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after acquiring an additional 865 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Ichor by 286.0% during the first quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares during the period. Farther Finance Advisors LLC raised its holdings in Ichor by 99,483.3% during the second quarter. Farther Finance Advisors LLC now owns 5,975 shares of the technology company’s stock worth $117,000 after purchasing an additional 5,969 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Ichor by 95.1% in 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 period. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ichor Company Profile

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.