Ichor (NASDAQ:ICHR) Lowered to "Sell" Rating by Wall Street Zen

Key Points

• Analysts at Wall Street Zen downgraded Ichor (NASDAQ:ICHR) from a "hold" rating to a "sell" rating amidst mixed ratings from other firms.
• Ichor's quarterly earnings report revealed an EPS of $0.03, falling short of analysts' estimates of $0.14, although revenue increased by 18.2% year-over-year.
• Despite the downgrade, Ichor maintains a consensus rating of "Moderate Buy" with an average price target of $23.80.

Ichor (NASDAQ:ICHR - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a note issued to investors on Sunday.

A number of other equities analysts have also commented on ICHR. DA Davidson cut their price objective on Ichor from $45.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. Oppenheimer set a $21.00 target price on Ichor and gave the stock a "market perform" rating in a report on Tuesday, August 5th. B. Riley downgraded Ichor from a "buy" rating to a "neutral" rating and set a $18.00 target price for the company. in a report on Tuesday, August 5th. TD Cowen lowered their target price on Ichor from $28.00 to $22.00 and set a "buy" rating for the company in a report on Tuesday, August 5th. Finally, Stifel Nicolaus set a $23.00 target price on Ichor and gave the stock a "buy" rating in a report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Ichor presently has an average rating of "Moderate Buy" and a consensus target price of $23.80.

Ichor Trading Down 0.2%

Shares of Ichor stock traded down $0.04 during midday trading on Friday, reaching $18.84. The company had a trading volume of 575,982 shares, compared to its average volume of 558,671. The stock has a fifty day moving average price of $18.46 and a 200 day moving average price of $19.52. 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 has a market cap of $646.81 million, a PE ratio of -30.89 and a beta of 1.90. Ichor has a fifty-two week low of $13.12 and a fifty-two week high of $36.48.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $0.03 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 analyst estimates of $234.51 million. Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.Ichor's revenue was up 18.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. On average, equities analysts anticipate that Ichor will post 1.01 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Iain Mackenzie purchased 25,000 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The stock was acquired 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 owned 60,011 shares of the company's stock, valued at $997,982.93. This represents a 71.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Marc Haugen purchased 3,000 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The shares were bought at an average price of $17.75 per share, with a total value of $53,250.00. Following the acquisition, the director directly owned 42,960 shares of the company's stock, 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 owned by corporate insiders.

Institutional Investors Weigh In On Ichor

Institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. bought a new position in Ichor in the 2nd quarter valued at $27,000. GAMMA Investing LLC grew its stake 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 period. Nisa Investment Advisors LLC grew its stake in Ichor by 1,060.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company's stock valued at $34,000 after purchasing an additional 1,602 shares during the period. Central Pacific Bank Trust Division bought a new position in Ichor in the 2nd quarter valued at $37,000. Finally, Tower Research Capital LLC TRC grew its stake 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 valued at $71,000 after purchasing an additional 2,870 shares during the period. Institutional investors own 94.81% of the company's stock.

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.