B. Riley Financial Cuts Ichor (NASDAQ:ICHR) Price Target to $105.00

Ichor (NASDAQ:ICHRFree Report) had its price target lowered by B. Riley Financial from $125.00 to $105.00 in a report issued on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

A number of other brokerages have also commented on ICHR. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. Stifel Nicolaus raised their target price on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Needham & Company LLC lifted their price target on shares of Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday. Oppenheimer boosted their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Finally, TD Cowen reduced their price objective on shares of Ichor from $115.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.00.

View Our Latest Analysis on Ichor

Ichor Price Performance

Shares of ICHR opened at $65.33 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.21 and a current ratio of 3.70. The stock has a 50 day simple moving average of $85.43 and a 200 day simple moving average of $63.72. Ichor has a 52-week low of $14.06 and a 52-week high of $113.58. The firm has a market capitalization of $2.45 billion, a PE ratio of -55.84 and a beta of 1.82.

Ichor (NASDAQ:ICHRGet Free Report) last announced its earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The firm had revenue of $294.78 million for the quarter, compared to the consensus estimate of $300.17 million. During the same period last year, the company posted $0.03 EPS. The business’s quarterly revenue was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts predict that Ichor will post 0.99 EPS for the current fiscal year.

Insider Activity at Ichor

In related news, Director Jorge Titinger sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total transaction of $256,840.00. Following the transaction, the director directly owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This trade represents a 24.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Greg Swyt sold 6,820 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the transaction, the chief financial officer directly owned 53,070 shares in the company, valued at $3,545,606.70. This represents a 11.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 69,524 shares of company stock valued at $4,963,074. Insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of Ichor by 27.7% during the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock worth $224,000 after acquiring an additional 2,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 buying an additional 865 shares during the period. Jane Street Group LLC raised 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 valued at $1,205,000 after acquiring an additional 39,476 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in Ichor by 75.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock worth $473,000 after buying an additional 10,400 shares during the period. Finally, Federated Hermes Inc. lifted its stake in shares of Ichor by 243.1% in the second quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock worth $2,114,000 after acquiring an additional 76,257 shares during the period. Institutional investors own 94.81% of the company’s stock.

Ichor Company Profile

(Get Free Report)

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.

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