Ichor (NASDAQ:ICHR) Reaches New 52-Week High – Here’s What Happened

by · The Markets Daily

Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $79.70 and last traded at $79.96, with a volume of 347024 shares. The stock had previously closed at $71.60.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Oppenheimer lifted their price objective on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. B. Riley Financial restated a “buy” rating on shares of Ichor in a research report on Monday, April 20th. DA Davidson lifted their target price on shares of Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Stifel Nicolaus set a $76.00 price target on Ichor in a report on Friday, May 1st. Finally, Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $64.57.

View Our Latest Analysis on ICHR

Ichor Stock Up 2.4%

The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $2.56 billion, a P/E ratio of -49.64 and a beta of 1.87. The company has a fifty day moving average price of $65.00 and a 200-day moving average price of $43.33.

Ichor (NASDAQ:ICHR – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The company had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. During the same period in the prior year, the company earned $0.12 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, research analysts forecast that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Insider Transactions at Ichor

In other Ichor news, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value 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 $11,586,824.82. This trade represents a 7.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the sale, the director owned 16,162 shares in the company, valued at approximately $1,165,441.82. This trade represents a 38.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,447 shares of company stock valued at $5,678,621 in the last 90 days. Company insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Large investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC bought a new stake in shares of Ichor in the 4th quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ichor during the 2nd quarter worth about $27,000. Hantz Financial Services Inc. boosted its stake in shares of Ichor by 64.8% during 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. Danske Bank A S bought a new position in Ichor during the 3rd quarter valued at about $28,000. Finally, AdvisorNet Financial Inc purchased a new stake in Ichor in the 1st quarter worth about $37,000. 94.81% of the stock is owned by institutional investors.

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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