NASDAQ:ICHR - Ichor Stock Price, Forecast & News

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

Ichor Holdings Ltd (NASDAQ:ICHR) announced its quarterly earnings data on Wednesday, February, 5th. The technology company reported $0.48 EPS for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.06. The technology company earned $189.40 million during the quarter, compared to analyst estimates of $158.37 million. Ichor had a return on equity of 10.03% and a net margin of 1.73%. The company's revenue was up 33.9% on a year-over-year basis. During the same period last year, the company earned $0.32 earnings per share. View Ichor's Earnings History.

Ichor is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Ichor.

Ichor updated its first quarter earnings guidance on Wednesday, February, 5th. The company provided EPS guidance of $0.64-0.74 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.41. The company issued revenue guidance of $220-235 million, compared to the consensus revenue estimate of $163.19 million.

7 equities research analysts have issued twelve-month target prices for Ichor's stock. Their forecasts range from $25.00 to $47.00. On average, they expect Ichor's share price to reach $36.14 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Ichor.

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.

News articles about ICHR stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ichor earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Ichor.

Ichor saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,150,000 shares, a decrease of 7.3% from the January 15th total of 1,240,000 shares. Based on an average daily trading volume, of 377,000 shares, the short-interest ratio is currently 3.1 days. Approximately 5.2% of the company's stock are sold short. View Ichor's Current Options Chain.

Some companies that are related to Ichor include Power Integrations (POWI), Amkor Technology (AMKR), Finisar (FNSR), Acacia Communications (ACIA), Lattice Semiconductor (LSCC), Synaptics (SYNA), Diodes (DIOD), Ambarella (AMBA), Tower Semiconductor (TSEM), FormFactor (FORM), MACOM Technology Solutions (MTSI), Rambus (RMBS), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO) and OSI Systems (OSIS).

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), Intelsat (I), Advanced Micro Devices (AMD), Square (SQ), Applied Materials (AMAT), Intel (INTC) and Momo (MOMO).

(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 served as the underwriters for the IPO and RBC Capital Markets and Cowen and Company Needham were co-managers.

Ichor's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Driehaus Capital Management LLC (4.38%), State Street Corp (3.02%), Lord Abbett & CO. LLC (2.88%), Point72 Asset Management L.P. (2.29%), Royce & Associates LP (1.78%) and Goldman Sachs Group Inc. (1.19%). 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 LSV Asset Management, Royce & Associates LP, Point72 Asset Management L.P., Barclays PLC, Pinnacle Associates Ltd., Bank of America Corp DE, Kornitzer Capital Management Inc. KS and Arizona State Retirement System. 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 for Ichor.

ICHR stock was purchased by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Stifel Financial Corp, Goldman Sachs Group Inc., Lord Abbett & CO. LLC, Acadian Asset Management LLC, State of New Jersey Common Pension Fund D, AQR Capital Management LLC and EAM Global Investors LLC. Company insiders that have bought Ichor stock in the last two years include Jeff Andreson and Marc Haugen. View Insider Buying and Selling 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 $35.48.

Ichor has a market capitalization of $798.30 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 1,490 workers across the globe.View Additional Information About Ichor.

The official website for Ichor is http://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]