Ichor Holdings, Ltd. (NASDAQ:ICHR) Receives $82.29 Average Price Target from Brokerages

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) have received an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $82.2857.

A number of equities research analysts have issued reports on the stock. B. Riley Financial increased their price objective on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. TD Cowen upped their target price on shares of Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. 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 note on Friday, July 10th. Needham & Company LLC lifted their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Zacks Research upgraded shares of Ichor from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd.

Get Our Latest Research Report on ICHR

Insider Transactions at Ichor

In related news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total transaction of $961,953.95. Following the completion of the transaction, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at approximately $11,586,824.82. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Greg Swyt sold 6,820 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $66.81, for a total value of $455,644.20. Following the transaction, the chief financial officer owned 53,070 shares of the company’s stock, valued at $3,545,606.70. This represents a 11.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 79,447 shares of company stock valued at $5,678,621. 1.70% of the stock is owned by insiders.

Institutional Trading of Ichor

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Ichor by 4.7% in the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock valued at $61,444,000 after purchasing an additional 148,993 shares in the last quarter. Invesco Ltd. raised its stake in Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after purchasing an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Ichor by 15.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after purchasing an additional 259,417 shares in the last quarter. Royce & Associates LP lifted its position in Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after purchasing an additional 473,440 shares during the last quarter. Finally, State Street Corp lifted its position in Ichor by 0.9% during the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after purchasing an additional 11,645 shares during the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.

Ichor Stock Down 0.5%

ICHR opened at $95.33 on Thursday. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of -64.41 and a beta of 1.78. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The firm’s fifty day moving average is $84.27 and its 200 day moving average is $59.84. Ichor has a fifty-two week low of $13.12 and a fifty-two week high of $113.58.

Ichor (NASDAQ:ICHRGet Free Report) last released its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. The firm had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, sell-side analysts forecast that Ichor will post 0.97 earnings per share for the current fiscal year.

About Ichor

(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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Analyst Recommendations for Ichor (NASDAQ:ICHR)

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