Ichor Holdings, Ltd. (NASDAQ:ICHR) Stock Rated “Moderate Buy” by Sell-Side Brokerages

by · The Markets Daily

Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $87.00.

Several equities research analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Monday, September 21st. TD Cowen cut their price target on Ichor from $115.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Oppenheimer raised their price objective on Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 4th. Wall Street Zen lowered Ichor from a “buy” rating to a “hold” rating in a report on Tuesday, September 29th. Finally, 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.

Get Our Latest Analysis on ICHR

Ichor Price Performance

NASDAQ:ICHR opened at $63.33 on Tuesday. The stock has a market cap of $2.37 billion, a P/E ratio of -54.13 and a beta of 1.79. Ichor has a one year low of $14.06 and a one year high of $113.58. The company has a fifty day moving average price of $61.00 and a 200 day moving average price of $69.25. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07.

Ichor (NASDAQ:ICHR – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, beating 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 firm had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. During the same period in the prior year, the firm earned $0.03 EPS. The business’s revenue was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Analysts anticipate that Ichor will post 1.13 earnings per share for the current year.

Insider Transactions at Ichor

In other news, CFO Greg Swyt sold 2,068 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $58.02, for a total value of $119,985.36. Following the completion of the transaction, the chief financial officer owned 47,832 shares in the company, valued at approximately $2,775,212.64. This represents a 4.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Iain MacKenzie sold 20,000 shares of the stock in a transaction 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 completion of the transaction, the director owned 102,427 shares of the company’s stock, valued at approximately $5,188,951.82. This represents a 16.34% 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. Insiders sold 46,740 shares of company stock valued at $2,602,960 in the last ninety days. 1.70% of the stock is owned by company insiders.

Institutional Trading of Ichor

Several institutional investors have recently made changes to their positions in ICHR. Versant Capital Management Inc lifted its stake in Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after purchasing an additional 126 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Ichor in the 2nd quarter valued at approximately $45,000. Allworth Financial LP raised its holdings in shares of Ichor by 125.1% in the 2nd quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock worth $47,000 after buying an additional 234 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in shares of Ichor in the 1st quarter worth approximately $37,000. Finally, KBC Group NV bought a new position in shares of Ichor during the 1st quarter worth approximately $44,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Company Profile

(Get Free Report)

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.

Recommended Stories