Ichor Stock Forecast, Price & 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 shares have decreased by 11.6% and is now trading at $21.57.
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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."
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) issued its earnings results on Monday, August, 3rd. The technology company reported $0.54 earnings per share for the quarter, topping the Zacks' consensus estimate 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 quarterly revenue was up 58.9% on a year-over-year basis. During the same period in the previous year, the company 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 equities research analysts have issued 1 year price objectives for Ichor's shares. Their forecasts range from $31.00 to $42.00. On average, they anticipate Ichor's share price to reach $36.29 in the next year. This suggests a possible upside of 68.2% 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), Daqo New Energy (DQ), Ambarella (AMBA), JinkoSolar (JKS), MaxLinear (MXL), Rambus (RMBS), OSI Systems (OSIS), SiTime (SITM), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Xperi (XPER), Nlight (LASR), Ebang (EBON) and CEVA (CEVA).
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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), Advanced Micro Devices (AMD), NVIDIA (NVDA), 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 $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 $21.57.

Ichor has a market capitalization of $495.03 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]