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 (WHO). Since then, ICHR shares have decreased by 5.0% and is now trading at $23.18. 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 3 hold ratings and 4 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) posted its quarterly earnings results on Monday, May, 4th. The technology company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.08. The technology company earned $220 million during the quarter, compared to analyst estimates of $163.19 million. Ichor had a net margin of 1.79% and a return on equity of 12.16%. The firm's revenue was up 59.7% on a year-over-year basis. During the same period last year, the business posted $0.25 earnings per share. View Ichor's earnings history.

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

7 brokerages have issued 12-month price targets for Ichor's shares. Their forecasts range from $20.00 to $40.00. On average, they expect Ichor's share price to reach $31.57 in the next year. This suggests a possible upside of 36.2% from the stock's current price. View analysts' price targets for Ichor.

News headlines about ICHR stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ichor earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutIchor.

Some companies that are related to Ichor include MACOM Technology Solutions (MTSI), Ambarella (AMBA), FormFactor (FORM), Rambus (RMBS), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), OSI Systems (OSIS), SunPower (SPWR), MaxLinear (MXL), Canadian Solar (CSIQ), ChipMOS Technologies (IMOS), Nlight (LASR), Ultra Clean (UCTT), Photronics (PLAB) and Xperi (XPER). 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 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."

Ichor's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.71%), Lord Abbett & CO. LLC (3.45%), State Street Corp (3.18%), Wellington Management Group LLP (2.49%), Driehaus Capital Management LLC (1.94%) and JPMorgan Chase & Co. (1.71%). Company insiders that own Ichor stock include Iain Mackenzie, Jeff Andreson, Kevin M Canty, Marc Haugen and Philip Ryan Sr Barros. View institutional ownership trends for Ichor.

ICHR stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Driehaus Capital Management LLC, Deutsche Bank AG, BlackRock Inc., Wells Fargo & Company MN, KBC Group NV, Monarch Partners Asset Management LLC, and Morgan Stanley. Company insiders that have sold Ichor company stock in the last year include Iain Mackenzie, Kevin M Canty, and Philip Ryan Sr Barros. View insider buying and selling activity for Ichor.

ICHR stock was purchased by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Lord Abbett & CO. LLC, Hillsdale Investment Management Inc., Invesco Ltd., Acadian Asset Management LLC, and Parametric Portfolio Associates LLC. Company insiders that have bought Ichor stock in the last two years include Jeff Andreson, and Marc Haugen. View insider buying and selling activity for Ichor.

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 $23.18.

Ichor has a market capitalization of $528.69 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]