NASDAQ:ICHRIchor Stock Price, Forecast & News

Ichor's stock was trading at $24.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ICHR stock has increased by 31.1% and is now trading at $32.00.
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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, November 3rd 2020.
View our earnings forecast for Ichor.

Ichor Holdings Ltd (NASDAQ:ICHR) announced its quarterly earnings results on Monday, August, 3rd. The technology company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.44 by $0.10. The technology company earned $221.20 million during the quarter, compared to analyst estimates of $172.60 million. Ichor had a net margin of 2.43% and a return on equity of 15.24%. The firm's quarterly revenue was up 58.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 earnings per share.
View Ichor's earnings history.

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

7 brokers have issued 12 month target prices for Ichor's shares. Their forecasts range from $26.00 to $42.00. On average, they anticipate Ichor's stock price to reach $35.57 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for Ichor.

News coverage about ICHR stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ichor earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the near term.
View the latest news about Ichor.

Some companies that are related to Ichor include Acacia Communications (ACIA), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Diodes (DIOD), Tower Semiconductor (TSEM), FormFactor (FORM), SunPower (SPWR), MaxLinear (MXL), Daqo New Energy (DQ), Rambus (RMBS), Ambarella (AMBA), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Canadian Solar (CSIQ) and OSI Systems (OSIS).
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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), 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 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 variety of institutional and retail investors. Top institutional shareholders include Paradigm Capital Management Inc. NY (2.18%), Ziegler Capital Management LLC (1.07%), Monarch Partners Asset Management LLC (0.95%), Swiss National Bank (0.22%), Cadence Capital Management LLC (0.22%) and Essex Investment Management Co. LLC (0.22%). 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 Comerica Bank, Ziegler Capital Management LLC, Essex Investment Management Co. LLC, Texas Permanent School Fund, and Whittier Trust Co.. 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 acquired by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, UBS Group AG, Hodges Capital Management Inc., Swiss National Bank, Russell Investments Group Ltd., SG Americas Securities LLC, Paradigm Capital Management Inc. NY, and Whittier Trust Co. of Nevada Inc.. 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 $32.00.

Ichor has a market capitalization of $729.86 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]