Ichor Holdings, Ltd. (NASDAQ:ICHR) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $82.2857.

Several brokerages have recently weighed in on ICHR. 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 report on Tuesday, May 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. B. Riley Financial raised their price target on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. 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. Finally, Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd.

Ichor Stock Down 1.8%

Shares of ICHR stock opened at $93.17 on Thursday. Ichor has a one year low of $13.12 and a one year high of $113.58. 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 stock has a fifty day moving average price of $82.85 and a 200 day moving average price of $57.40. The stock has a market cap of $3.25 billion, a P/E ratio of -62.95 and a beta of 1.78.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts predict that Ichor will post 0.97 earnings per share for the current year.

Insiders Place Their Bets

In other Ichor news, Director Marc Haugen sold 5,337 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total transaction of $403,637.31. Following the completion of the transaction, the director directly owned 10,825 shares in the company, valued at $818,694.75. This represents a 33.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laura A. Black sold 20,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was 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 $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,447 shares of company stock worth $5,678,621 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several large investors have recently made changes to their positions in ICHR. Vanguard Group Inc. increased its position in shares of Ichor by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock worth $61,444,000 after purchasing an additional 148,993 shares in the last quarter. Invesco Ltd. boosted its position in Ichor by 141.2% in the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after buying an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Ichor by 15.3% in 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 buying an additional 259,417 shares in the last quarter. Royce & Associates LP grew its stake in Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after buying an additional 473,440 shares during the last quarter. Finally, State Street Corp grew its stake in Ichor by 0.9% during the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock worth $23,690,000 after buying an additional 11,645 shares during the last quarter. Institutional investors own 94.81% of the company’s stock.

Ichor Company Profile

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.