Ichor’s (ICHR) Market Perform Rating Reaffirmed at Oppenheimer

Oppenheimer restated their market perform rating on shares of Ichor (NASDAQ:ICHR) in a report published on Tuesday, Marketbeat Ratings reports. Oppenheimer currently has a $32.00 target price on the technology company’s stock, up from their previous target price of $30.00.

ICHR has been the topic of a number of other research reports. Zacks Research upgraded Ichor from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Craig Hallum restated a “buy” rating and set a $36.00 price objective on shares of Ichor in a research report on Wednesday, January 14th. Stifel Nicolaus lifted their target price on Ichor from $21.00 to $25.00 and gave the company a “hold” rating in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Monday, December 29th. Finally, B. Riley raised their price target on shares of Ichor from $19.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Ichor has an average rating of “Hold” and a consensus price target of $30.14.

Ichor Stock Performance

Shares of ICHR opened at $31.00 on Tuesday. The company has a 50-day moving average of $20.97 and a two-hundred day moving average of $19.59. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of -25.83 and a beta of 1.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.08 and a quick ratio of 1.33. Ichor has a one year low of $13.12 and a one year high of $35.56.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.05). Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. The firm had revenue of $239.30 million during the quarter, compared to analysts’ expectations of $235.14 million. During the same quarter last year, the company posted $0.12 EPS. The firm’s 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. On average, equities research analysts expect that Ichor will post 1.01 earnings per share for the current year.

Insider Buying and Selling

In other Ichor news, Director Iain Mackenzie acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were purchased at an average price of $14.53 per share, with a total value of $145,300.00. Following the completion of the transaction, the director owned 130,011 shares in the company, valued at $1,889,059.83. The trade was a 8.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ICHR. Royal Bank of Canada boosted its holdings in Ichor by 27.7% in the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock worth $224,000 after purchasing an additional 2,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after buying an additional 865 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Ichor by 286.0% during the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Ichor by 99,483.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,975 shares of the technology company’s stock valued at $117,000 after acquiring an additional 5,969 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Ichor by 95.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after acquiring an additional 789 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

About Ichor

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.