NASDAQ:ICHRIchor Stock Price, Forecast & News

Ichor's stock was trading at $24.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ICHR stock has increased by 16.3% and is now trading at $28.38.
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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 data on Monday, August, 3rd. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating 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 14.92%. The company's revenue was up 58.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 EPS.
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 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 brokerages have issued 1 year price targets for Ichor's stock. Their forecasts range from $26.00 to $42.00. On average, they anticipate Ichor's stock price to reach $35.57 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price.
View analysts' price targets for Ichor.

News coverage about ICHR stock has been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ichor earned a news impact score of -2.6 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
View the latest news about Ichor.

Some companies that are related to Ichor include Tower Semiconductor (TSEM), FormFactor (FORM), SunPower (SPWR), MaxLinear (MXL), Rambus (RMBS), Daqo New Energy (DQ), Ambarella (AMBA), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Canadian Solar (CSIQ), OSI Systems (OSIS), Ultra Clean (UCTT), Sitime (SITM), CEVA (CEVA) 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), Alibaba Group (BABA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Applied Materials (AMAT), Square (SQ), Netflix (NFLX), Intelsat (I) 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 served 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 retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (2.18%), Ziegler Capital Management LLC (1.07%), Monarch Partners Asset Management LLC (0.95%), Principal Financial Group Inc. (0.85%), Swiss National Bank (0.22%) and Cadence Capital Management LLC (0.22%). 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 Comerica Bank, Ziegler Capital Management LLC, Essex Investment Management Co. LLC, Texas Permanent School Fund, Whittier Trust Co., and PNC Financial Services Group Inc.. 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 Monarch Partners Asset Management LLC, Trexquant Investment LP, UBS Group AG, Hodges Capital Management Inc., Principal Financial Group Inc., Swiss National Bank, Russell Investments Group Ltd., and SG Americas Securities 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 $28.38.

Ichor has a market capitalization of $651.32 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]