Ichor Holdings, Ltd. (NASDAQ:ICHR) Given Average Recommendation of “Hold” by Brokerages

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) have earned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $22.40.

Several research firms recently issued reports on ICHR. Weiss Ratings reiterated a “sell (e+)” rating on shares of Ichor in a report on Wednesday, October 8th. Oppenheimer set a $21.00 price objective on Ichor and gave the stock a “market perform” rating in a research note on Tuesday, August 5th. TD Cowen cut their price objective on Ichor from $28.00 to $22.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. DA Davidson decreased their target price on shares of Ichor from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, B. Riley cut shares of Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a research note on Tuesday, August 5th.

Ichor Stock Down 0.8%

NASDAQ:ICHR opened at $14.97 on Friday. Ichor has a 1 year low of $13.12 and a 1 year high of $36.48. The stock has a 50-day moving average price of $19.11 and a two-hundred day moving average price of $19.07. The stock has a market cap of $514.67 million, a price-to-earnings ratio of -12.47 and a beta of 1.95. The company has a current ratio of 3.08, a quick ratio of 1.32 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, November 3rd. The technology company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.05). The company had revenue of $239.30 million during the quarter, compared to the consensus estimate of $235.14 million. Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 earnings per share. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. As a group, equities analysts expect that Ichor will post 1.01 earnings per share for the current year.

Institutional Trading of Ichor

Hedge funds have recently made changes to their positions in the business. Newbridge Financial Services Group Inc. acquired a new position in Ichor in the 2nd quarter valued at about $27,000. GAMMA Investing LLC boosted its stake in shares of Ichor by 95.1% in the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after buying an additional 789 shares during the period. Nisa Investment Advisors LLC lifted its position in shares of Ichor by 1,060.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock valued at $34,000 after acquiring an additional 1,602 shares during the period. Central Pacific Bank Trust Division acquired a new stake in Ichor during the second quarter worth about $37,000. Finally, Tower Research Capital LLC TRC increased its holdings in Ichor by 380.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock valued at $71,000 after buying an additional 2,870 shares during the period. 94.81% of the stock is owned by institutional investors and hedge funds.

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.