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

Ichor Holdings, Ltd. (NASDAQ:ICHR) has received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $23.80.

A number of analysts have recently commented on ICHR shares. Wall Street Zen upgraded Ichor from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. B. Riley downgraded Ichor from a “buy” rating to a “neutral” rating and set a $18.00 target price on the stock. in a research report on Tuesday, August 5th. DA Davidson lowered their target price on Ichor from $45.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. Oppenheimer set a $21.00 target price on Ichor and gave the company a “market perform” rating in a research report on Tuesday, August 5th. Finally, Stifel Nicolaus set a $23.00 target price on Ichor and gave the company a “buy” rating in a research report on Tuesday, August 5th.

Insider Transactions at Ichor

In related news, Director Iain Mackenzie bought 25,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were acquired at an average price of $16.63 per share, with a total value of $415,750.00. Following the completion of the transaction, the director owned 60,011 shares in the company, valued at $997,982.93. The trade was a 71.41% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Marc Haugen bought 3,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average cost of $17.75 per share, for a total transaction of $53,250.00. Following the transaction, the director owned 42,960 shares of the company’s stock, valued at $762,540. The trade was a 7.51% increase in their position. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ichor

Institutional investors have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. acquired a new position in Ichor during the second quarter worth approximately $27,000. GAMMA Investing LLC increased its position in Ichor by 95.1% during the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock worth $32,000 after buying an additional 789 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Ichor by 1,060.9% during the second quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock worth $34,000 after buying an additional 1,602 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in Ichor during the second quarter worth approximately $37,000. Finally, Tower Research Capital LLC TRC increased its position in Ichor by 380.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock worth $71,000 after buying an additional 2,870 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Performance

Shares of Ichor stock opened at $18.02 on Friday. The firm has a market cap of $618.57 million, a price-to-earnings ratio of -29.54 and a beta of 1.90. The stock’s 50-day moving average is $18.64 and its 200-day moving average is $19.78. Ichor has a one year low of $13.12 and a one year high of $36.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). The firm had revenue of $240.29 million during the quarter, compared to the consensus estimate of $234.51 million. Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Equities analysts predict that Ichor will post 1.01 earnings per share for the current fiscal year.

About Ichor

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.