Ichor Stock Forecast, Price & News

Ichor's stock was trading at $24.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ICHR shares have decreased by 12.6% and is now trading at $21.32.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ichor in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Ichor is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Ichor.

Ichor Holdings Ltd (NASDAQ:ICHR) released its earnings results on Monday, August, 3rd. The technology company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.10. The technology company had revenue of $221.20 million for the quarter, compared to analysts' expectations of $172.60 million. Ichor had a net margin of 2.43% and a return on equity of 14.92%. Ichor's revenue for the quarter was up 58.9% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share.
View Ichor's earnings history.

Ichor issued an update on its third quarter earnings guidance on Monday, August, 3rd. The company provided earnings per share guidance of $0.50-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.49. The company issued revenue guidance of $210-240 million, compared to the consensus revenue estimate of $182.45 million.

7 equities research analysts have issued 1 year target prices for Ichor's shares. Their forecasts range from $31.00 to $42.00. On average, they expect Ichor's share price to reach $36.29 in the next twelve months. This suggests a possible upside of 70.2% from the stock's current price.
View analysts' price targets for Ichor.

Some companies that are related to Ichor include Tower Semiconductor (TSEM), FormFactor (FORM), Canadian Solar (CSIQ), SunPower (SPWR), Ambarella (AMBA), Daqo New Energy (DQ), MaxLinear (MXL), Rambus (RMBS), JinkoSolar (JKS), OSI Systems (OSIS), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Sitime (SITM), Xperi (XPER) and Nlight (LASR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ichor investors own include Micron Technology (MU), Bank of America (BAC), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Square (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 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.00%), FMR LLC (5.91%), Paradigm Capital Management Inc. NY (2.18%), Bamco Inc. NY (1.48%), Ziegler Capital Management LLC (1.07%) and Bank of New York Mellon Corp (1.03%). Company insiders that own Ichor stock include Iain Mackenzie, Jeff Andreson, Kevin M Canty, Marc Haugen, Philip Ryan Sr Barros and Thomas M Rohrs.
View institutional ownership trends for Ichor.

ICHR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Man Group plc, ClariVest Asset Management LLC, Prudential Financial Inc., Bank of America Corp DE, Comerica Bank, AQR Capital Management LLC, and Ziegler Capital Management LLC. Company insiders that have sold Ichor company stock in the last year include Iain Mackenzie, Kevin M Canty, Philip Ryan Sr Barros, and Thomas M Rohrs.
View insider buying and selling activity for Ichor.

ICHR stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Monarch Partners Asset Management LLC, Bamco Inc. NY, Epoch Investment Partners Inc., Vanguard Group Inc., Intrinsic Edge Capital Management LLC, Marshall Wace LLP, and Marshall Wace North America L.P.. 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 $21.32.

Ichor has a market capitalization of $489.29 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]