Ichor (NASDAQ:ICHR) Stock Price Up 11.8% – Time to Buy?
by Mitch Edgeman · The Markets DailyIchor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) was up 11.8% on Thursday . The company traded as high as $100.81 and last traded at $99.2640. Approximately 257,344 shares were traded during trading, a decline of 76% from the average session volume of 1,056,683 shares. The stock had previously closed at $88.81.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. B. Riley Financial raised their price objective on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Zacks Research raised Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. Needham & Company LLC increased their target price on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. TD Cowen restated a “buy” rating and set a $115.00 price target (up from $80.00) on shares of Ichor in a report on Thursday. Finally, Stifel Nicolaus set a $76.00 price target on Ichor in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.71.
Get Our Latest Report on Ichor
Ichor Price Performance
The firm has a market capitalization of $3.42 billion, a PE ratio of -66.12 and a beta of 1.78. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The firm has a 50-day simple moving average of $80.08 and a 200-day simple moving average of $54.70.
Ichor (NASDAQ:ICHR – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 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 analyst estimates of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Jorge Titinger sold 4,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total transaction of $256,840.00. Following the completion of the transaction, the director owned 12,318 shares in the company, valued at approximately $790,938.78. This represents a 24.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Laura A. Black sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total value of $1,500,400.00. Following the transaction, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. The trade was a 49.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,447 shares of company stock worth $5,678,621 over the last ninety days. 1.70% of the stock is owned by company insiders.
Institutional Trading of Ichor
A number of institutional investors have recently bought and sold shares of ICHR. Steward Partners Investment Advisory LLC bought a new stake in shares of Ichor in the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new position in Ichor during the 2nd quarter valued at about $27,000. Hantz Financial Services Inc. raised its position in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after purchasing an additional 590 shares during the period. Versant Capital Management Inc raised its position in Ichor by 100.0% in the 2nd 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. Finally, Danske Bank A S bought a new stake in Ichor in the third quarter worth about $28,000. 94.81% of the stock is currently owned by institutional investors.
About Ichor
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.