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

Ichor Holdings, Ltd. (NASDAQ:ICHR) has been assigned a consensus rating of “Hold” from the eight analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $23.20.

ICHR has been the subject of a number of research analyst reports. DA Davidson lowered their price objective on shares of Ichor from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, November 4th. Oppenheimer raised shares of Ichor from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $21.00 to $25.00 in a research note on Wednesday, November 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 22nd. Stifel Nicolaus set a $21.00 price objective on Ichor and gave the company a “hold” rating in a report on Tuesday, November 4th. Finally, Zacks Research raised Ichor from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th.

Insider Activity

In other Ichor news, Director Iain Mackenzie acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was acquired at an average price of $14.53 per share, for a total transaction of $145,300.00. Following the acquisition, the director directly owned 130,011 shares in the company, valued at $1,889,059.83. This represents a 8.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ichor

Several large investors have recently modified their holdings of ICHR. S Squared Technology LLC grew its holdings in Ichor by 21.1% during the 1st quarter. S Squared Technology LLC now owns 278,910 shares of the technology company’s stock worth $6,306,000 after acquiring an additional 48,566 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Ichor by 99,483.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,975 shares of the technology company’s stock valued at $117,000 after purchasing an additional 5,969 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Ichor by 47.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 699,511 shares of the technology company’s stock valued at $13,738,000 after purchasing an additional 225,738 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Ichor during the second quarter worth approximately $924,000. Finally, Bank of New York Mellon Corp increased its holdings in Ichor by 143.9% in the second quarter. Bank of New York Mellon Corp now owns 515,638 shares of the technology company’s stock worth $10,127,000 after purchasing an additional 304,228 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

Ichor Trading Up 0.6%

Shares of ICHR opened at $18.95 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.33 and a current ratio of 3.08. Ichor has a 52-week low of $13.12 and a 52-week high of $35.56. The firm has a market cap of $651.58 million, a price-to-earnings ratio of -15.79 and a beta of 1.82. The business’s fifty day moving average is $17.98 and its 200-day moving average is $18.73.

Ichor (NASDAQ:ICHR) last announced 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). Ichor had a negative return on equity of 0.96% and a negative net margin of 4.26%.The business had revenue of $239.30 million for the quarter, compared to the consensus estimate of $235.14 million. During the same quarter in the prior year, the company earned $0.12 earnings per share. Ichor’s quarterly revenue was up 13.4% compared to the same quarter last year. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. Equities analysts anticipate that Ichor will post 1.01 EPS for the current fiscal year.

Ichor Company Profile

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.