Wall Street brokerages expect that Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Rating) will report $0.89 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Ichor’s earnings, with estimates ranging from $0.84 to $0.92. Ichor posted earnings of $0.76 per share in the same quarter last year, which would indicate a positive year over year growth rate of 17.1%. The business is scheduled to announce its next earnings results after the market closes 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 firm 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 follow Ichor.
Ichor (NASDAQ:ICHR – Get Rating) last issued its earnings results on Tuesday, February 8th. The technology company reported $0.81 EPS for the quarter, missing the Thomson Reuters’ 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 business had revenue of $287.20 million for the quarter, compared to analyst estimates of $291.04 million. During the same period in the previous year, the firm posted $0.74 EPS. The firm’s revenue was up 17.2% compared to the same quarter last year.
In other Ichor news, Director Iain Mackenzie sold 2,500 shares of the stock in a transaction that occurred on Wednesday, February 16th. The shares were sold at an average price of $40.00, for a total transaction of $100,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.10% of the company’s stock.
Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in shares of Ichor by 1.0% during the 4th quarter. BlackRock Inc. now owns 5,176,519 shares of the technology company’s stock worth $238,276,000 after buying an additional 51,596 shares in the last quarter. State Street Corp boosted its holdings in shares of Ichor by 7.7% during the 4th quarter. State Street Corp now owns 942,893 shares of the technology company’s stock worth $43,401,000 after buying an additional 67,072 shares in the last quarter. Paradigm Capital Management Inc. NY boosted its holdings in shares of Ichor by 20.6% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 674,232 shares of the technology company’s stock worth $31,034,000 after buying an additional 115,232 shares in the last quarter. Bamco Inc. NY lifted its holdings in shares of Ichor by 8.5% in the 3rd quarter. Bamco Inc. NY now owns 635,384 shares of the technology company’s stock worth $26,108,000 after purchasing an additional 49,584 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its holdings in shares of Ichor by 23.3% in the 3rd quarter. Point72 Asset Management L.P. now owns 574,900 shares of the technology company’s stock worth $23,623,000 after purchasing an additional 108,700 shares in the last quarter. Hedge funds and other institutional investors own 80.65% of the company’s stock.
Ichor stock opened at $29.11 on Friday. The business has a 50 day moving average of $32.97 and a 200-day moving average of $40.15. Ichor has a 1 year low of $27.83 and a 1 year high of $58.75. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.22 and a quick ratio of 1.09. The company has a market capitalization of $833.24 million, a P/E ratio of 11.88 and a beta of 2.11.
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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