Ichor Holdings, Ltd. (NASDAQ:ICHR) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Ichor, with six buy ratings, one strong buy, one hold and one sell among nine analysts. The average 12-month price target is $87.
• Ichor’s latest quarterly results beat expectations on earnings, reporting $0.34 EPS versus the $0.31 estimate, while revenue rose 22.7% year over year to $294.78 million but fell short of forecasts.
• Institutional investors own a substantial 94.81% of Ichor’s shares, while insiders sold $1.74 million of stock over the past three months, including transactions conducted under pre-arranged trading plans.

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) have received a consensus rating of "Moderate Buy" from the nine brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $87.00.

ICHR has been the topic of a number of recent research reports. TD Cowen dropped their price target on shares of Ichor from $115.00 to $100.00 and set a "buy" rating on the stock in a research note on Tuesday, August 4th. DA Davidson set a $85.00 price objective on shares of Ichor in a research report on Wednesday, August 5th. Stifel Nicolaus raised their price target on Ichor from $76.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Needham & Company LLC increased their target price on shares of Ichor from $72.00 to $88.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Finally, Oppenheimer raised their price target on Ichor from $60.00 to $80.00 and gave the stock a "market perform" rating in a research report on Tuesday, August 4th.

Ichor Price Performance

Ichor stock opened at $52.82 on Friday. The business's 50 day simple moving average is $77.11 and its 200 day simple moving average is $67.56. Ichor has a 12 month low of $14.06 and a 12 month high of $113.58. The company has a market cap of $1.98 billion, a price-to-earnings ratio of -45.14 and a beta of 1.81. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13.

Ichor (NASDAQ:ICHR - Get Free Report) last issued its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The firm had revenue of $294.78 million for the quarter, compared to analyst estimates of $300.17 million. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The business's revenue was up 22.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.03 earnings per share. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts forecast that Ichor will post 1.13 EPS for the current year.

Insider Activity

In other Ichor news, CEO Philip Barros, Jr. sold 1,314 shares of the firm's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $61.88, for a total value of $81,310.32. Following the sale, the chief executive officer owned 161,562 shares of the company's stock, valued at $9,997,456.56. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Iain MacKenzie sold 9,933 shares of the business's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $65.76, for a total transaction of $653,194.08. Following the completion of the transaction, the director owned 122,427 shares in the company, valued at $8,050,799.52. The trade was a 7.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,654 shares of company stock valued at $1,739,932 in the last three months. Corporate insiders own 1.70% of the company's stock.

Institutional Trading of Ichor

Large investors have recently modified their holdings of the business. California State Teachers Retirement System raised its position in Ichor by 10,835.2% during the 2nd quarter. California State Teachers Retirement System now owns 4,462,232 shares of the technology company's stock valued at $501,019,000 after purchasing an additional 4,421,426 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Ichor by 4.7% during the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company's stock valued at $61,444,000 after buying an additional 148,993 shares during the period. Invesco Ltd. raised its holdings in shares of Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company's stock valued at $55,730,000 after acquiring an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Ichor by 15.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company's stock valued at $36,080,000 after acquiring an additional 259,417 shares in the last quarter. Finally, Royce & Associates LP lifted its stake in Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company's stock worth $26,707,000 after acquiring an additional 473,440 shares during the period. 94.81% of the stock is owned by institutional investors.

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.

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