Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $85.89.
A number of equities research analysts have weighed in on the company. UBS Group set a $82.00 price target on Ichor in a research report on Thursday, October 8th. DA Davidson upgraded Ichor to a “strong-buy” rating in a report on Monday, October 5th. Wall Street Zen upgraded Ichor from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. B. Riley Financial decreased their price objective on Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Finally, Stifel Nicolaus raised their price objective on Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 10th.
Read Our Latest Stock Analysis on Ichor
Insider Transactions at Ichor
In other Ichor news, Director Iain MacKenzie sold 20,000 shares of Ichor stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $50.66, for a total transaction of $1,013,200.00. Following the transaction, the director directly owned 102,427 shares of the company’s stock, valued at approximately $5,188,951.82. This trade represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Philip Barros, Jr. sold 1,314 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total transaction of $81,310.32. Following the completion of the sale, the chief executive officer owned 161,562 shares of the company’s stock, valued at approximately $9,997,456.56. The trade was a 0.81% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 46,740 shares of company stock worth $2,602,960 in the last three months. Corporate insiders own 1.70% of the company’s stock.
Institutional Investors Weigh In On Ichor
A number of institutional investors have recently made changes to their positions in the business. Versant Capital Management Inc lifted its stake in Ichor by 100.0% in the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after acquiring an additional 126 shares during the period. Allworth Financial LP boosted its holdings in Ichor by 125.1% in the second quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock valued at $47,000 after acquiring an additional 234 shares in the last quarter. GAMMA Investing LLC increased its position in Ichor by 11.5% during the 3rd quarter. GAMMA Investing LLC now owns 2,565 shares of the technology company’s stock valued at $159,000 after purchasing an additional 264 shares during the period. Signaturefd LLC increased its position in shares of Ichor by 127.7% during the third quarter. Signaturefd LLC now owns 542 shares of the technology company’s stock valued at $34,000 after buying an additional 304 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Ichor during the 2nd quarter worth approximately $45,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.
Ichor Price Performance
Shares of NASDAQ:ICHR opened at $38.06 on Friday. The company’s fifty day moving average price is $55.59 and its 200-day moving average price is $60.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -32.53 and a beta of 1.79. Ichor has a one year low of $14.06 and a one year high of $113.58.
Ichor (NASDAQ:ICHR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. During the same period in the previous year, the firm posted $0.03 EPS. The firm’s revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, equities research analysts anticipate that Ichor will post 1.13 earnings per share for the current fiscal year.
About Ichor
Ichor Holdings, Ltd. (NASDAQ: ICHR) is a supplier to the semiconductor equipment industry. The company designs, engineers and manufactures critical fluid-delivery subsystems used in semiconductor fabrication equipment, including systems that deliver and control gases and chemicals during the wafer-manufacturing process.
Ichor’s products and services include gas and chemical delivery systems, precision-machined components, weldments, fluid-management assemblies and related engineering and manufacturing services.
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