Ichor (NASDAQ:ICHR) Reaches New 1-Year High – Time to Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $105.60 and last traded at $105.46, with a volume of 1090149 shares traded. The stock had previously closed at $94.00.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Needham & Company LLC boosted their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. TD Cowen raised their price objective on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Oppenheimer lifted their target price on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Stifel Nicolaus set a $76.00 target price on Ichor in a report on Friday, May 1st. Finally, B. Riley Financial increased their price target on Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Ichor has a consensus rating of “Moderate Buy” and an average price target of $71.71.

Ichor Stock Performance

The stock has a 50 day moving average price of $75.68 and a two-hundred day moving average price of $50.71. 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 company has a market capitalization of $3.68 billion, a price-to-earnings ratio of -71.26 and a beta of 1.87.

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

Insider Buying and Selling

In other news, Director Laura A. Black sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the sale, the director directly owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jorge Titinger sold 4,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This represents a 24.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 79,447 shares of company stock valued at $5,678,621. Insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Linden Thomas Advisory Services LLC boosted its stake in Ichor by 0.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after acquiring an additional 398 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in 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 acquiring an additional 590 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Ichor by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after acquiring an additional 666 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Ichor during the 1st quarter valued at $37,000. Finally, AQR Capital Management LLC lifted its stake in shares of Ichor by 0.6% in the 4th quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock valued at $2,473,000 after purchasing an additional 817 shares during the period. 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.