Ichor (NASDAQ:ICHR) Shares Gap Up After Analyst Upgrade

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares gapped up prior to trading on Thursday after Stifel Nicolaus raised their price target on the stock from $21.00 to $25.00. The stock had previously closed at $27.92, but opened at $29.60. Stifel Nicolaus currently has a hold rating on the stock. Ichor shares last traded at $29.5780, with a volume of 258,212 shares traded.

Other analysts also recently issued reports about the company. DA Davidson reduced their price objective on Ichor from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Tuesday, November 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Monday, December 29th. Zacks Research raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Oppenheimer upgraded shares of Ichor from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $21.00 to $25.00 in a report on Wednesday, November 12th. Finally, Wall Street Zen downgraded shares of Ichor from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $26.00.

Insider Activity at Ichor

In related news, Director Iain Mackenzie acquired 10,000 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was bought at an average cost of $14.53 per share, with a total value of $145,300.00. Following the acquisition, the director directly owned 130,011 shares in the company, valued at approximately $1,889,059.83. The trade was a 8.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Ichor

Institutional investors have recently modified their holdings of the company. Linden Thomas Advisory Services LLC boosted its position in shares of Ichor by 0.8% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock worth $934,000 after buying an additional 398 shares during the period. The Manufacturers Life Insurance Company boosted its position in Ichor by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after acquiring an additional 666 shares during the period. GAMMA Investing LLC boosted its position in Ichor by 95.1% during the 2nd quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock worth $32,000 after acquiring an additional 789 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after purchasing an additional 865 shares in the last quarter. Finally, Natixis Advisors LLC increased its holdings in shares of Ichor by 2.0% during the third quarter. Natixis Advisors LLC now owns 52,158 shares of the technology company’s stock valued at $914,000 after purchasing an additional 1,017 shares during the period. Institutional investors own 94.81% of the company’s stock.

Ichor Trading Up 3.3%

The business’s 50 day moving average is $18.68 and its two-hundred day moving average is $19.23. The firm has a market capitalization of $1.02 billion, a P/E ratio of -24.82 and a beta of 1.83. The company has a quick ratio of 1.33, a current ratio of 3.08 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, November 3rd. The technology company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. The company had revenue of $239.30 million for the quarter, compared to analyst estimates of $235.14 million. During the same quarter in the prior year, the business earned $0.12 EPS. Ichor’s revenue was up 13.4% compared to the same quarter last year. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. Analysts expect that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

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.