DA Davidson Predicts Ichor's Q2 Earnings (NASDAQ:ICHR)

Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Ichor in a note issued to investors on Tuesday, May 6th. DA Davidson analyst T. Diffely anticipates that the technology company will post earnings of $0.01 per share for the quarter. DA Davidson currently has a "Buy" rating and a $45.00 target price on the stock. The consensus estimate for Ichor's current full-year earnings is $1.01 per share. DA Davidson also issued estimates for Ichor's FY2025 earnings at $0.27 EPS and FY2026 earnings at $1.67 EPS.

Several other equities research analysts have also commented on the stock. Needham & Company LLC restated a "hold" rating on shares of Ichor in a report on Tuesday, May 6th. Oppenheimer lowered their target price on shares of Ichor from $35.00 to $25.00 and set a "market perform" rating for the company in a research note on Friday, April 11th. TD Cowen lowered their price objective on Ichor from $38.00 to $28.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Stifel Nicolaus lowered their target price on shares of Ichor from $35.00 to $28.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. Finally, StockNews.com lowered shares of Ichor from a "hold" rating to a "sell" rating in a report on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ichor presently has an average rating of "Hold" and an average price target of $34.00.

Ichor Trading Up 1.6 %

ICHR stock traded up $0.27 during trading on Thursday, hitting $16.99. The company had a trading volume of 485,782 shares, compared to its average volume of 318,160. The company has a quick ratio of 1.49, a current ratio of 3.34 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $579.58 million, a P/E ratio of -26.14 and a beta of 1.83. The company has a 50 day simple moving average of $21.65 and a 200-day simple moving average of $27.94. Ichor has a 52-week low of $15.38 and a 52-week high of $42.70.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Monday, May 5th. The technology company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.14). Ichor had a negative return on equity of 1.38% and a negative net margin of 2.45%. The business had revenue of $244.47 million during the quarter, compared to the consensus estimate of $244.95 million. During the same quarter last year, the firm earned ($0.09) earnings per share. The business's quarterly revenue was up 21.4% on a year-over-year basis.

Insider Activity at Ichor

In other news, CEO Jeff Andreson purchased 10,000 shares of the stock in a transaction on Thursday, May 8th. The stock was bought at an average price of $16.86 per share, for a total transaction of $168,600.00. Following the acquisition, the chief executive officer now directly owns 285,594 shares of the company's stock, valued at approximately $4,815,114.84. The trade was a 3.63 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ichor

Several hedge funds have recently added to or reduced their stakes in ICHR. Tower Research Capital LLC TRC lifted its position in Ichor by 52.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,562 shares of the technology company's stock worth $147,000 after acquiring an additional 1,578 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Ichor by 157.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company's stock worth $10,823,000 after buying an additional 208,328 shares during the last quarter. Barclays PLC lifted its holdings in shares of Ichor by 377.6% in the third quarter. Barclays PLC now owns 56,787 shares of the technology company's stock valued at $1,808,000 after purchasing an additional 44,897 shares in the last quarter. Hodges Capital Management Inc. increased its stake in shares of Ichor by 52.0% during the 4th quarter. Hodges Capital Management Inc. now owns 217,125 shares of the technology company's stock worth $6,996,000 after purchasing an additional 74,255 shares in the last quarter. Finally, Swiss National Bank increased its position in Ichor by 1.4% during the fourth quarter. Swiss National Bank now owns 66,200 shares of the technology company's stock worth $2,133,000 after buying an additional 900 shares in the last quarter. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Ichor Company Profile

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.