Ichor (ICHR) Stock Price, News & Analysis

Company Overview

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. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising chemical-mechanical planarization, electroplating, and cleaning. In addition, it manufactures precision machined components, weldments, electron beam, laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products. The company primarily markets its products to equipment OEMs in the semiconductor equipment market in Japan. Ichor Holdings, Ltd. was incorporated in 1999 and is headquartered in Fremont, California.

Key Stats

• Today's Range: $28.55 to $29.47
• 50-Day Range: $27.21 to $42.70
• 52-Week Range: $22.26 to $46.43
• Volume: 112,890 shs
• Average Volume: 304,393 shs
• Market Capitalization: $968.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $43.60
• Consensus Rating: Buy

Ichor Stock Analysis - MarketRank™

Ichor scored higher than 54% of companies evaluated by MarketBeat, and ranked 376th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ichor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ichor has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Ichor are expected to grow in the coming year, from ($0.22) to $0.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ichor is -16.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ichor is -16.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ichor has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.24% of the float of Ichor has been sold short.

Short Interest Ratio / Days to Cover

Ichor has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ichor has recently increased by 13.85%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ichor does not currently pay a dividend.

Dividend Growth

Ichor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.24% of the float of Ichor has been sold short.

Short Interest Ratio / Days to Cover

Ichor has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ichor has recently increased by 13.85%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.66

News Sentiment

Ichor has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Ichor this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for ICHR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ichor insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.20% of the stock of Ichor is held by insiders.

Percentage Held by Institutions

94.81% of the stock of Ichor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ICHR Stock Analysis - Frequently Asked Questions

How have ICHR shares performed this year?

Ichor's stock was trading at $33.63 at the start of the year. Since then, ICHR shares have decreased by 14.0% and is now trading at $28.93.
View the best growth stocks for 2024 here.

How were Ichor's earnings last quarter?

Ichor Holdings, Ltd. (NASDAQ:ICHR) issued its quarterly earnings data on Tuesday, August, 6th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.02. The technology company had revenue of $203.23 million for the quarter, compared to analyst estimates of $197.75 million. Ichor had a negative net margin of 4.53% and a negative trailing twelve-month return on equity of 2.56%.

Does Ichor have any subsidiaries?

The following companies are subsidiaries of Ichor: IMG Companies LLC, IAN Engineering Co. Ltd., Talon Innovations Corporation, Cal‑Weld Inc., Ajax-United Patterns & Molds Inc., Applied Fusion LLC, Ichor Holdings LLC, and others.

When did Ichor IPO?

Ichor (ICHR) raised $75 million in an initial public offering (IPO) on Friday, December 9th 2016. The company issued 5,800,000 shares at $12.00-$14.00 per share. Deutsche Bank Securities and Stifel served as the underwriters for the IPO and RBC Capital Markets and Cowen and Company Needham were co-managers.

Who are Ichor's major shareholders?

Ichor's top institutional shareholders include Dimensional Fund Advisors LP (4.49%), Hood River Capital Management LLC (3.31%), Swedbank AB (2.25%) and Pinnacle Associates Ltd. (1.46%). Insiders that own company stock include Jeff Andreson, Christopher Smith, Philip Ryan Sr Barros, Thomas M Rohrs, Marc Haugen, Iain Mackenzie, Wendy Arienzo and Kevin M Canty.
View institutional ownership trends.

How do I buy shares of Ichor?

Shares of ICHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Ichor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ichor investors own include Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ) and Applied Materials (AMAT).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 9/17/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:ICHR
• CUSIP: N/A
• CIK: 1652535
• Web: www.ichorsystems.com
• Phone: (510) 897-5200
• Fax: N/A
• Employees: 2,245
• Year Founded: 1999

Price Target and Rating

• Average Stock Price Target: $43.60
• High Stock Price Target: $50.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +49.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.77)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-42,990,000.00
• Net Margins: -4.53%
• Pretax Margin: -4.32%
• Return on Equity: -2.56%
• Return on Assets: -1.69%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 4.27
• Quick Ratio: 1.91

Sales & Book Value

• Annual Sales: $804.85 million
• Price / Sales: 1.22
• Cash Flow: $1.04 per share
• Price / Cash Flow: 28.01
• Book Value: $19.22 per share
• Price / Book: 1.52

Miscellaneous

• Outstanding Shares: 33,475,000
• Free Float: 32,739,000
• Market Cap: $979.14 million
• Optionable: Optionable
• Beta: 1.91