Ichor Holdings, Ltd. (NASDAQ:ICHR) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Ichor Holdings, Ltd. has received a consensus rating of "Hold" from eight brokerages, with an average target price of $23.80.
• Recently, Director Iain Mackenzie purchased 25,000 shares of Ichor at an average price of $16.63, indicating a significant increase in his ownership.
• For the latest quarter, Ichor reported an EPS of $0.03, missing the consensus estimate of $0.14, despite an 18.2% increase in year-over-year revenue.

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) have received a consensus recommendation of "Hold" from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $23.80.

Several equities analysts recently issued reports on the company. 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 note on Tuesday, August 5th. DA Davidson decreased their target price on Ichor from $45.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. Stifel Nicolaus set a $23.00 target price on Ichor and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Zacks Research raised Ichor from a "strong sell" rating to a "hold" rating in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Ichor in a research note on Wednesday, October 8th.

Insider Activity

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

Institutional Investors Weigh In On Ichor

Several large investors have recently bought and sold shares of the stock. Wellington Management Group LLP increased its holdings in Ichor by 42.6% during the 1st quarter. Wellington Management Group LLP now owns 1,663,070 shares of the technology company's stock worth $37,602,000 after purchasing an additional 496,866 shares during the period. American Century Companies Inc. increased its holdings in Ichor by 10,313.1% during the 1st quarter. American Century Companies Inc. now owns 1,233,437 shares of the technology company's stock worth $27,888,000 after purchasing an additional 1,221,592 shares during the period. Invesco Ltd. increased its holdings in Ichor by 6.1% during the 1st quarter. Invesco Ltd. now owns 1,168,756 shares of the technology company's stock worth $26,426,000 after purchasing an additional 66,942 shares during the period. Royce & Associates LP increased its holdings in Ichor by 7.9% during the 1st quarter. Royce & Associates LP now owns 932,925 shares of the technology company's stock worth $21,093,000 after purchasing an additional 68,680 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Ichor by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 826,399 shares of the technology company's stock worth $16,233,000 after purchasing an additional 5,691 shares during the period. Hedge funds and other institutional investors own 94.81% of the company's stock.

Ichor Stock Performance

Shares of Ichor stock opened at $20.47 on Tuesday. Ichor has a 52 week low of $13.12 and a 52 week high of $36.48. The business's fifty day simple moving average is $17.69 and its 200-day simple moving average is $18.76. The firm has a market cap of $702.74 million, a PE ratio of -33.56 and a beta of 1.88. The company has a quick ratio of 1.32, a current ratio of 3.22 and a debt-to-equity ratio of 0.17.

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

About Ichor

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.

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