Ichor (NASDAQ:ICHR) Sets New 12-Month High – What’s Next?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) reached a new 52-week high on Tuesday . The stock traded as high as $92.56 and last traded at $89.47, with a volume of 1234930 shares traded. The stock had previously closed at $86.80.

Analyst Ratings Changes

ICHR has been the topic of several research analyst reports. B. Riley Financial reissued a “buy” rating on shares of Ichor in a research report on Monday, April 20th. TD Cowen boosted their price objective on Ichor from $55.00 to $80.00 and gave the stock a “buy” 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 Friday, March 27th. Needham & Company LLC boosted their price objective on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Oppenheimer boosted their target price on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Ichor Stock Performance

The stock has a market capitalization of $3.12 billion, a P/E ratio of -60.45 and a beta of 1.87. The company has a 50 day simple moving average of $67.96 and a 200-day simple moving average of $45.24. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21.

Ichor (NASDAQ:ICHR) last issued its 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. The firm had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The business’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 EPS for the current year.

Insider Activity at Ichor

In related news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total transaction of $961,953.95. Following the sale, the chief executive officer directly owned 165,078 shares in the company, valued at approximately $11,586,824.82. The trade was a 7.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total value of $256,840.00. Following the sale, the director owned 12,318 shares in the company, valued at approximately $790,938.78. The trade was a 24.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 79,447 shares of company stock worth $5,678,621 in the last 90 days. 1.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ichor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AdvisorNet Financial Inc purchased a new position in Ichor during the first quarter worth about $37,000. KBC Group NV purchased a new position in shares of Ichor in the 1st quarter worth about $44,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ichor in the 2nd quarter worth about $27,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor in the 4th quarter worth about $26,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Ichor by 64.8% in 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 in the last quarter. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

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.