Ichor Holdings, Ltd. (NASDAQ:ICHR) Given Consensus Recommendation of "Moderate Buy" by 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 earned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $23.80.

Several research firms recently weighed in on ICHR. DA Davidson cut their price objective on shares of Ichor from $45.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, August 6th. Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research report on Tuesday, May 6th. B. Riley cut 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. Wall Street Zen cut shares of Ichor from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Stifel Nicolaus set a $23.00 price objective on shares of Ichor and gave the stock a "buy" rating in a research report on Tuesday, August 5th.

Ichor Trading Up 6.9%

Shares of Ichor stock opened at $18.16 on Monday. The firm has a 50-day moving average of $19.86 and a 200-day moving average of $21.61. The stock has a market cap of $623.43 million, a PE ratio of -29.77 and a beta of 1.75. Ichor has a 52-week low of $13.12 and a 52-week high of $36.48. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.32 and a current ratio of 3.22.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $0.03 earnings per share 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 the consensus estimate of $234.51 million. During the same period in the prior year, the company earned $0.05 EPS. The company's revenue for the quarter was up 18.2% compared to the same quarter last year. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, sell-side analysts forecast that Ichor will post 1.01 EPS for the current year.

Insider Activity

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor in the second quarter valued at approximately $27,000. Public Sector Pension Investment Board increased its stake in shares of Ichor by 8.3% in the second quarter. Public Sector Pension Investment Board now owns 116,278 shares of the technology company's stock valued at $2,284,000 after buying an additional 8,925 shares during the period. Headlands Technologies LLC increased its position in Ichor by 162.2% during the 2nd quarter. Headlands Technologies LLC now owns 21,095 shares of the technology company's stock valued at $414,000 after purchasing an additional 13,051 shares during the period. Tower Research Capital LLC TRC increased its position in Ichor by 380.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company's stock valued at $71,000 after purchasing an additional 2,870 shares during the period. Finally, Paradigm Capital Management Inc. NY acquired a new stake in Ichor during the 2nd quarter valued at approximately $511,000. Institutional investors and hedge funds own 94.81% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.