Ichor Holdings, Ltd. (NASDAQ:ICHR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a 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 $71.7143.

Several analysts recently weighed in on ICHR shares. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Stifel Nicolaus set a $76.00 price objective on Ichor in a report on Friday, May 1st. Oppenheimer lifted their price objective on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. TD Cowen lifted their price objective on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Needham & Company LLC lifted their price objective on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th.

Read Our Latest Report on ICHR

Insiders Place Their Bets

In other news, Director Marc Haugen sold 9,923 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $72.11, for a total transaction of $715,547.53. Following the transaction, the director owned 16,162 shares in the company, valued at $1,165,441.82. This represents a 38.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Greg Swyt sold 19,662 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the transaction, the chief financial officer owned 60,971 shares in the company, valued at approximately $4,293,577.82. This trade represents a 24.38% 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 a total of 79,447 shares of company stock valued at $5,678,621 in the last three months. 1.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ichor

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Ichor by 4.7% during the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock valued at $61,444,000 after acquiring an additional 148,993 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after acquiring an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Ichor by 15.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after acquiring an additional 259,417 shares in the last quarter. Royce & Associates LP increased its holdings in shares of Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after acquiring an additional 473,440 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Ichor by 0.9% during the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after acquiring an additional 11,645 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Up 0.3%

NASDAQ ICHR opened at $98.89 on Friday. 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 company has a fifty day moving average of $71.47 and a two-hundred day moving average of $47.18. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of -66.82 and a beta of 1.87. Ichor has a 52 week low of $13.12 and a 52 week high of $99.60.

Ichor (NASDAQ:ICHRGet Free Report) last issued its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 5.28% and a negative return on equity of 1.10%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, analysts predict that Ichor will post 0.97 earnings per share for the current year.

Ichor Company Profile

(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.

Further Reading

Analyst Recommendations for Ichor (NASDAQ:ICHR)

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