NASDAQ:ICHRIchor Stock Price, Forecast & News

Ichor's stock was trading at $24.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ICHR stock has increased by 12.6% and is now trading at $27.47. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ichor in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ichor.

Ichor is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Ichor.

Ichor Holdings Ltd (NASDAQ:ICHR) released its quarterly earnings data on Monday, May, 4th. The technology company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.08. The technology company earned $220 million during the quarter, compared to the consensus estimate of $163.19 million. Ichor had a return on equity of 12.16% and a net margin of 1.79%. The firm's quarterly revenue was up 59.7% on a year-over-year basis. During the same quarter last year, the company posted $0.25 EPS. View Ichor's earnings history.

Ichor updated its second quarter earnings guidance on Monday, May, 4th. The company provided earnings per share (EPS) guidance of $0.32-0.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. The company issued revenue guidance of $180-220 million, compared to the consensus revenue estimate of $172.60 million.

7 brokers have issued twelve-month price targets for Ichor's shares. Their forecasts range from $26.00 to $36.00. On average, they expect Ichor's stock price to reach $32.43 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts' price targets for Ichor.

Headlines about ICHR stock have trended negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ichor earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Ichor.

Some companies that are related to Ichor include Diodes (DIOD), FormFactor (FORM), MACOM Technology Solutions (MTSI), Tower Semiconductor (TSEM), Synaptics (SYNA), Silicon Motion Technology (SIMO), Rambus (RMBS), Ambarella (AMBA), MaxLinear (MXL), SunPower (SPWR), OSI Systems (OSIS), Kulicke and Soffa Industries (KLIC), Daqo New Energy (DQ), Canadian Solar (CSIQ) and ChipMOS Technologies (IMOS). View all competitors.

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

(ICHR) raised $75 million in an initial public offering (IPO) on Friday, December 9th 2016. The company issued 5,800,000 shares at a price of $12.00-$14.00 per share. Deutsche Bank Securities and Stifel acted 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."

Shares of ICHR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ICHR stock can currently be purchased for approximately $27.47.

Ichor has a market capitalization of $626.59 million and generates $620.84 million in revenue each year. The technology company earns $10.73 million in net income (profit) each year or $0.95 on an earnings per share basis. Ichor employs 1,715 workers across the globe.

The official website for Ichor is www.ichorsystems.com.

Ichor's mailing address is 3185 Laurelview Ct, Fremont CA, 94538. The technology company can be reached via phone at 510-897-5200 or via email at [email protected]