Ichor (NASDAQ:ICHR) Rating Lowered to Strong Sell at Wall Street Zen

Ichor (NASDAQ:ICHR) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “strong sell” rating in a research note issued on Saturday.

Several other research firms also recently issued reports on ICHR. Oppenheimer set a $21.00 price objective on shares of Ichor and gave the company a “market perform” rating in a research note on Tuesday, August 5th. DA Davidson decreased their target price on Ichor from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday. TD Cowen dropped their price target on Ichor from $28.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. Stifel Nicolaus set a $21.00 price objective on Ichor and gave the company a “hold” rating in a research note on Tuesday. Finally, Zacks Research raised Ichor from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Ichor presently has a consensus rating of “Hold” and an average target price of $22.40.

Ichor Stock Performance

Shares of ICHR opened at $14.97 on Friday. The company has a market capitalization of $514.67 million, a price-to-earnings ratio of -12.47 and a beta of 1.95. Ichor has a 52-week low of $13.12 and a 52-week high of $36.48. The company has a quick ratio of 1.32, a current ratio of 3.08 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $19.11 and a 200 day moving average price of $19.07.

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ICHR. Newbridge Financial Services Group Inc. acquired a new stake in shares of Ichor during the second quarter worth $27,000. GAMMA Investing LLC raised its position in Ichor by 95.1% during the 2nd 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 raised its position in Ichor by 1,060.9% during the 2nd 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 stake in shares of Ichor in the 2nd quarter worth $37,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Ichor by 380.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock valued at $71,000 after acquiring an additional 2,870 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.