Wall Street analysts predict that Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Rating) will report $0.89 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Ichor’s earnings, with the highest EPS estimate coming in at $0.92 and the lowest estimate coming in at $0.84. Ichor reported earnings per share of $0.76 in the same quarter last year, which suggests a positive year-over-year growth rate of 17.1%. The company is expected to announce its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Ichor will report full-year earnings of $4.31 per share for the current year, with EPS estimates ranging from $4.00 to $4.47. For the next financial year, analysts expect that the company will post earnings of $4.78 per share, with EPS estimates ranging from $4.60 to $5.00. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Ichor.
Ichor (NASDAQ:ICHR – Get Rating) last issued its earnings results on Tuesday, February 8th. The technology company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). Ichor had a return on equity of 19.12% and a net margin of 6.46%. The firm had revenue of $287.20 million during the quarter, compared to the consensus estimate of $291.04 million. During the same quarter in the prior year, the business posted $0.74 EPS. The firm’s revenue for the quarter was up 17.2% on a year-over-year basis.
Shares of ICHR stock traded up $0.48 during mid-day trading on Friday, reaching $30.29. The stock had a trading volume of 1,480 shares, compared to its average volume of 251,051. The firm has a market capitalization of $866.08 million, a PE ratio of 12.17 and a beta of 2.11. The stock’s 50-day moving average price is $35.74 and its two-hundred day moving average price is $41.19. The company has a current ratio of 2.22, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. Ichor has a 52-week low of $29.33 and a 52-week high of $61.36.
In other Ichor news, COO Kevin M. Canty sold 10,000 shares of Ichor stock in a transaction on Wednesday, January 26th. The shares were sold at an average price of $41.37, for a total transaction of $413,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Iain Mackenzie sold 2,500 shares of the stock in a transaction on Wednesday, February 16th. The shares were sold at an average price of $40.00, for a total transaction of $100,000.00. The disclosure for this sale can be found here. Company insiders own 2.10% of the company’s stock.
Several hedge funds have recently modified their holdings of the stock. Huntington National Bank purchased a new stake in Ichor in the 4th quarter valued at about $27,000. Strs Ohio bought a new stake in Ichor during the 3rd quarter valued at $28,000. Private Capital Group LLC boosted its stake in shares of Ichor by 4,600.0% during the fourth quarter. Private Capital Group LLC now owns 1,034 shares of the technology company’s stock valued at $48,000 after purchasing an additional 1,012 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Ichor in the 3rd quarter worth $57,000. Finally, Tradewinds Capital Management LLC purchased a new position in Ichor in the third quarter valued at about $106,000. 80.65% of the stock is owned by hedge funds and other institutional investors.
Ichor Company Profile (Get Rating)
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising chemical-mechanical planarization, electroplating, and cleaning.
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