Ichor (NASDAQ:ICHR) Earns Sell (E+) Rating from Weiss Ratings

Ichor (NASDAQ:ICHR - Get Free Report)'s stock had its "sell (e+)" rating reiterated by Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other analysts have also recently weighed in on the company. DA Davidson lowered their price objective on Ichor from $45.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, August 6th. Oppenheimer set a $21.00 price objective on Ichor and gave the stock a "market perform" rating in a research report on Tuesday, August 5th. Wall Street Zen raised Ichor from a "sell" rating to a "hold" rating in a research report on Monday, September 29th. TD Cowen lowered their price target 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, Stifel Nicolaus set a $23.00 price target on Ichor and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $23.80.

Ichor Stock Up 4.7%

Ichor stock opened at $19.61 on Wednesday. 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 stock has a market capitalization of $673.21 million, a price-to-earnings ratio of -32.15 and a beta of 1.88. Ichor has a 1-year low of $13.12 and a 1-year high of $36.48. The business has a fifty day moving average price of $17.71 and a 200-day moving average price of $18.98.

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 analysts' consensus estimates of $0.14 by ($0.11). The business 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%.The firm's revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.05 EPS. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Equities research analysts forecast that Ichor will post 1.01 EPS for the current fiscal year.

Insider Activity

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

Hedge Funds Weigh In On Ichor

Several institutional investors and hedge funds have recently modified their holdings of the business. Cerity Partners LLC increased its stake in shares of 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 in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of 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 in the last quarter. GAMMA Investing LLC increased its stake in shares of 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 in the last quarter. Rhumbline Advisers increased its stake in shares of 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 in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Ichor by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company's stock valued at $444,000 after purchasing an additional 865 shares in the last quarter. Hedge funds and other 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.

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