Ichor Holdings, Ltd. (NASDAQ:ICHR) Receives $23.20 Consensus Target Price from Brokerages

by · The Cerbat Gem

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) have earned a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $23.20.

ICHR has been the subject of several recent research reports. Wall Street Zen lowered Ichor from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Stifel Nicolaus set a $21.00 price objective on Ichor and gave the company a “hold” rating in a research report on Tuesday, November 4th. Zacks Research lowered Ichor from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Monday, December 1st. Finally, DA Davidson lowered their price target on shares of Ichor from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, November 4th.

Get Our Latest Research Report on Ichor

Insider Buying and Selling

In other news, Director Iain Mackenzie purchased 10,000 shares of the company’s stock in a transaction on Monday, November 17th. The shares were bought at an average price of $14.53 per share, for a total transaction of $145,300.00. Following the completion of the purchase, the director owned 130,011 shares of the company’s stock, valued at $1,889,059.83. This trade represents a 8.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Ichor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Ichor by 497.2% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock worth $29,753,000 after purchasing an additional 1,413,870 shares in the last quarter. American Century Companies Inc. grew its position in Ichor by 10,313.1% in the 1st quarter. American Century Companies Inc. now owns 1,233,437 shares of the technology company’s stock valued at $27,888,000 after buying an additional 1,221,592 shares in the last quarter. Millennium Management LLC grew its position in Ichor by 1,710.7% in the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after buying an additional 807,792 shares in the last quarter. Nuveen LLC acquired a new position in Ichor during the 1st quarter valued at about $13,726,000. Finally, Wellington Management Group LLP raised its position in shares of Ichor by 42.6% during the 1st quarter. Wellington Management Group LLP now owns 1,663,070 shares of the technology company’s stock worth $37,602,000 after buying an additional 496,866 shares in the last quarter. 94.81% of the stock is owned by institutional investors.

Ichor Stock Up 1.3%

Shares of NASDAQ:ICHR opened at $17.61 on Wednesday. The company’s fifty day moving average is $18.58 and its two-hundred day moving average is $18.64. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.33 and a current ratio of 3.08. Ichor has a 1-year low of $13.12 and a 1-year high of $35.56. The stock has a market capitalization of $605.43 million, a price-to-earnings ratio of -14.67 and a beta of 1.82.

Ichor (NASDAQ:ICHR – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The technology company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The business had revenue of $239.30 million for the quarter, compared to the consensus estimate of $235.14 million. Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. Ichor’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.12 EPS. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. Equities analysts anticipate that Ichor will post 1.01 EPS for the current year.

About Ichor

(Get Free Report)

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.

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