NASDAQ:ICHR - Ichor Stock Price, Forecast & News

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

Ichor Holdings Ltd (NASDAQ:ICHR) posted its earnings results on Wednesday, February, 5th. The technology company reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 1.73% and a return on equity of 10.03%. Ichor's revenue was up 33.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 EPS. 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 issued an update on its first quarter earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of $0.64-0.74 for the period, compared to the Thomson Reuters consensus EPS 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 12 month target prices for Ichor's shares. Their forecasts range from $25.00 to $47.00. On average, they anticipate Ichor's share price to reach $36.14 in the next year. This suggests a possible upside of 23.9% 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.

Headlines about ICHR stock have been trending somewhat negative on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ichor earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Ichor.

Ichor saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,150,000 shares, a decline 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 days-to-cover ratio is currently 3.1 days. Approximately 5.2% of the company's shares are short sold. View Ichor's Current Options Chain.

Some companies that are related to Ichor include Amkor Technology (AMKR), Lattice Semiconductor (LSCC), Synaptics (SYNA), AU Optronics (AUO), Diodes (DIOD), Ambarella (AMBA), Tower Semiconductor (TSEM), MACOM Technology Solutions (MTSI), FormFactor (FORM), OSI Systems (OSIS), Rambus (RMBS), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), SunPower (SPWR) and Canadian Solar (CSIQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ichor investors own include Micron Technology (MU), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intelsat (I), Square (SQ), Applied Materials (AMAT), Intel (INTC) and Momo (MOMO).

(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'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 Geode Capital Management LLC (1.37%). 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, Bamco Inc. NY, Point72 Asset Management L.P., Barclays PLC, Pinnacle Associates Ltd., Bank of America Corp DE and Kornitzer Capital Management Inc. KS. 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 bought 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 $29.18.

Ichor has a market capitalization of $656.55 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]