Ichor Holdings, Ltd. (NASDAQ:ICHR) Receives $23.80 Average PT from Analysts

Key Points

• Analysts have given Ichor Holdings, Ltd. a consensus recommendation of "Moderate Buy," with three analysts recommending a buy and three a hold.
• Despite a quarterly earnings miss of $0.03 per share, Ichor's revenue increased by 18.2% year-over-year, reaching $240.29 million.
• Insider trading activity includes significant purchases by directors, with one increasing his ownership by 71.41% after buying 25,000 shares at $16.63 each.

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six ratings firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $23.80.

Several research firms have commented on ICHR. Needham & Company LLC reiterated a "hold" rating on shares of Ichor in a report on Tuesday, May 6th. DA Davidson lowered their price target on shares of Ichor from $45.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. Oppenheimer set a $21.00 price target on shares of Ichor and gave the stock a "market perform" rating in a report on Tuesday, August 5th. Wall Street Zen cut shares of Ichor from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, B. Riley downgraded shares of Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price objective for the company. in a research report on Tuesday, August 5th.

Insider Activity at Ichor

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

Institutional Trading of Ichor

Several institutional investors have recently modified their holdings of ICHR. Cerity Partners LLC raised its position in Ichor by 5.9% in the 1st quarter. Cerity Partners LLC now owns 9,521 shares of the technology company's stock valued at $215,000 after purchasing an additional 533 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Ichor by 5.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company's stock valued at $244,000 after purchasing an additional 666 shares during the last quarter. GAMMA Investing LLC raised its position in 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 purchasing an additional 789 shares during the last quarter. Rhumbline Advisers raised its position in Ichor by 0.9% in the 1st quarter. Rhumbline Advisers now owns 99,149 shares of the technology company's stock valued at $2,242,000 after purchasing an additional 839 shares during the last quarter. Finally, Quarry LP raised its position in Ichor by 54.9% in the 4th quarter. Quarry LP now owns 2,426 shares of the technology company's stock valued at $78,000 after purchasing an additional 860 shares during the last quarter. Hedge funds and other institutional investors own 94.81% of the company's stock.

Ichor Stock Down 4.2%

NASDAQ ICHR traded down $0.73 on Monday, hitting $16.85. 775,373 shares of the stock were exchanged, compared to its average volume of 1,326,941. 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 has a fifty-two week low of $13.12 and a fifty-two week high of $36.48. The company has a market cap of $578.46 million, a PE ratio of -27.62 and a beta of 1.75. The company has a 50-day moving average price of $19.86 and a 200-day moving average price of $21.23.

Ichor (NASDAQ:ICHR - Get Free Report) last posted 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 return on equity of 0.77% and a negative net margin of 2.23%.The firm had revenue of $240.29 million for the quarter, compared to analyst estimates of $234.51 million. During the same quarter last year, the firm earned $0.05 EPS. The company's revenue was up 18.2% on a year-over-year basis. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Sell-side analysts anticipate that Ichor will post 1.01 EPS for the current fiscal 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.