Ichor (ICHR) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ichor in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ICHR shares.
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6 analysts have issued twelve-month target prices for Ichor's stock. Their ICHR share price forecasts range from $33.00 to $40.00. On average, they expect the company's share price to reach $38.83 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
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Ichor's stock was trading at $26.82 at the beginning of 2023. Since then, ICHR stock has increased by 12.3% and is now trading at $30.12.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
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Ichor Holdings, Ltd. (NASDAQ:ICHR) announced its quarterly earnings results on Tuesday, August, 8th. The technology company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.01. The technology company earned $185.01 million during the quarter, compared to the consensus estimate of $180.03 million. Ichor had a net margin of 2.11% and a trailing twelve-month return on equity of 9.38%.

ETFs with the largest weight of Ichor (NASDAQ:ICHR) stock in their portfolio include Nuveen Small Cap Select ETF (NSCS), Invesco S&P SmallCap Information Technology ETF (PSCT) and Columbia Seligman Semiconductor and Technology ETF (SEMI).iShares Micro-Cap ETF (IWC).

Ichor issued an update on its third quarter earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $0.01-$0.13 for the period, compared to the consensus estimate of $0.10. The company issued revenue guidance of $185-$200 million, compared to the consensus revenue estimate of $192.80 million.

4 employees have rated Ichor Chief Executive Officer Tom Rohrs on Glassdoor.com. Tom Rohrs has an approval rating of 85% among the company's employees.

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

(ICHR) raised $75 million in an initial public offering 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.

Ichor trades on the NASDAQ under the ticker symbol "ICHR."

Ichor's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.56%), Dimensional Fund Advisors LP (5.42%), Alliancebernstein L.P. (4.19%), State Street Corp (3.62%), Vaughan Nelson Investment Management L.P. (3.03%) and Royce & Associates LP (2.01%). Insiders that own company stock include Carlos M Garcia, Christopher Smith, Iain Mackenzie, Kevin M Canty, Marc Haugen, Philip Ryan Sr Barros, Thomas M Rohrs and Wendy Arienzo.
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Shares of ICHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ICHR stock can currently be purchased for approximately $30.12.

Ichor (NASDAQ:ICHR) has a market capitalization of $882.52 million and generates $1.28 billion in revenue each year. The technology company earns $72.80 million in net income (profit) each year or $0.78 on an earnings per share basis.

The company employs 2,980 workers across the globe.

Ichor's mailing address is 3185 Laurelview Ct, Fremont CA, 94538. The official website for the company is www.ichorsystems.com. The technology company can be reached via phone at (510) 897-5200 or via email at mcarson@ichorsystems.com.