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. Since then, ICHR stock has decreased by 8.4% and is now trading at $22.34. 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 3 hold ratings and 4 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) announced its earnings results on Monday, May, 4th. The technology company reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by $0.08. The technology company earned $220 million during the quarter, compared to the consensus estimate of $163.19 million. Ichor had a return on equity of 12.16% and a net margin of 1.79%. Ichor's revenue for the quarter was up 59.7% on a year-over-year basis. During the same period last year, the firm earned $0.25 EPS. View Ichor's earnings history.

Ichor issued an update on its second quarter earnings guidance on Monday, May, 4th. The company provided earnings per share guidance of $0.32-0.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. The company issued revenue guidance of $180-220 million, compared to the consensus revenue estimate of $172.60 million.

7 brokers have issued 12 month target prices for Ichor's shares. Their forecasts range from $20.00 to $40.00. On average, they expect Ichor's stock price to reach $31.57 in the next year. This suggests a possible upside of 41.3% from the stock's current price. View analysts' price targets for Ichor.

News stories about ICHR stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media 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 nearest to five being the most favorable. Ichor earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the near future. View the latest news aboutIchor.

Some companies that are related to Ichor include Synaptics (SYNA), MACOM Technology Solutions (MTSI), Ambarella (AMBA), FormFactor (FORM), Rambus (RMBS), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), OSI Systems (OSIS), MaxLinear (MXL), SunPower (SPWR), Canadian Solar (CSIQ), ChipMOS Technologies (IMOS), Ultra Clean (UCTT), Nlight (LASR) and Photronics (PLAB). 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 (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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.71%), Lord Abbett & CO. LLC (3.45%), State Street Corp (3.18%), Wellington Management Group LLP (2.49%), Driehaus Capital Management LLC (1.94%) and JPMorgan Chase & Co. (1.71%). 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 Wellington Management Group LLP, Driehaus Capital Management LLC, Deutsche Bank AG, BlackRock Inc., Wells Fargo & Company MN, KBC Group NV, Monarch Partners Asset Management LLC, and Morgan Stanley. 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 purchased by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Lord Abbett & CO. LLC, Hillsdale Investment Management Inc., Invesco Ltd., Acadian Asset Management LLC, and Parametric Portfolio Associates 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 $22.34.

Ichor has a market capitalization of $509.58 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]