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. 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) issued its earnings results on Monday, May, 4th. The technology company reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate 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%. The firm's quarterly revenue was up 59.7% compared to the same quarter last year. During the same period in the previous 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 Wall Street analysts have issued 12 month target prices for Ichor's stock. Their forecasts range from $26.00 to $36.00. On average, they anticipate Ichor's stock 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 stories about ICHR stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of -2.2 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. 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]