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

Key Points

• Ichor Holdings, Ltd. has an average rating of "Moderate Buy", with three analysts recommending a buy and three a hold, and an average target price of $23.80.
• Insider transactions showed significant activity, with Director Iain Mackenzie purchasing 25,000 shares at an average price of $16.63, marking a 71.41% increase in his ownership.
• Ichor reported a loss of $0.11 per share in its latest earnings, missing expectations, even though revenue rose 18.2% year-over-year to $240.29 million.

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) have received an average recommendation of "Moderate Buy" from the six research firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $23.80.

Several equities analysts have recently issued reports on ICHR shares. Stifel Nicolaus set a $23.00 price objective on Ichor and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Wall Street Zen cut shares of Ichor from a "hold" rating to a "sell" rating in a research note on Sunday. Oppenheimer set a $21.00 target price on Ichor and gave the company a "market perform" rating in a research note on Tuesday, August 5th. TD Cowen cut their price objective on Ichor from $28.00 to $22.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Finally, B. Riley lowered Ichor from a "buy" rating to a "neutral" rating and set a $18.00 target price on the stock. in a research report on Tuesday, August 5th.

Insiders Place Their Bets

In other Ichor news, Director Iain Mackenzie bought 25,000 shares of Ichor stock in a transaction dated Thursday, August 7th. The stock was bought at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the acquisition, the director directly owned 60,011 shares of the company's stock, valued at approximately $997,982.93. This trade represents a 71.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Marc Haugen acquired 3,000 shares of the firm's stock in a transaction on Thursday, August 7th. The shares were acquired at an average price of $17.75 per share, with a total value of $53,250.00. Following the completion of the transaction, the director directly owned 42,960 shares in the company, valued at approximately $762,540. This trade represents a 7.51% increase in their position. The disclosure for this purchase can be found here. 1.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ichor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. bought a new stake in Ichor in the second quarter worth $27,000. GAMMA Investing LLC boosted its stake in shares of 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 acquiring an additional 789 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Ichor by 1,060.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company's stock valued at $34,000 after acquiring an additional 1,602 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Ichor in the 2nd quarter valued at approximately $37,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Ichor by 380.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company's stock worth $71,000 after purchasing an additional 2,870 shares during the last quarter. Institutional investors own 94.81% of the company's stock.

Ichor Stock Performance

Shares of NASDAQ ICHR traded up $0.44 during mid-day trading on Friday, hitting $18.88. The company had a trading volume of 1,457,708 shares, compared to its average volume of 915,496. Ichor has a 12 month low of $13.12 and a 12 month high of $36.48. The stock has a market cap of $648.15 million, a price-to-earnings ratio of -30.95 and a beta of 1.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32. The firm's 50 day simple moving average is $18.46 and its two-hundred day simple moving average is $19.52.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.11). The company had revenue of $240.29 million during the quarter, compared to the consensus estimate of $234.51 million. Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The business's quarterly revenue was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, equities research analysts forecast that Ichor will post 1.01 earnings per share for the current year.

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.