NASDAQ:ICHRIchor Stock Price, Forecast & News

Ichor's stock was trading at $24.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ICHR stock has increased by 9.4% and is now trading at $26.70. 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 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, August 4th 2020. View our earnings forecast for Ichor.

Ichor Holdings Ltd (NASDAQ:ICHR) posted its earnings results on Monday, May, 4th. The technology company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.08. The technology company had revenue of $220 million for the quarter, compared to analysts' expectations of $163.19 million. Ichor had a net margin of 1.79% and a return on equity of 12.16%. The firm's revenue for the quarter was up 59.7% on a year-over-year basis. During the same quarter in the prior 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 objectives for Ichor's stock. Their forecasts range from $26.00 to $36.00. On average, they anticipate Ichor's share price to reach $32.43 in the next year. This suggests a possible upside of 21.5% from the stock's current price. View analysts' price targets for Ichor.

News articles about ICHR stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ichor earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about Ichor.

Some companies that are related to Ichor include FormFactor (FORM), MACOM Technology Solutions (MTSI), Tower Semiconductor (TSEM), Synaptics (SYNA), Silicon Motion Technology (SIMO), Rambus (RMBS), Ambarella (AMBA), MaxLinear (MXL), OSI Systems (OSIS), Kulicke and Soffa Industries (KLIC), SunPower (SPWR), Canadian Solar (CSIQ), Daqo New Energy (DQ), ChipMOS Technologies (IMOS) and Ultra Clean (UCTT). 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 initial public offering on Friday, December 9th 2016. The company issued 5,800,000 shares at $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."

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 $26.70.

Ichor has a market capitalization of $609.03 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]