Ichor Holdings, Ltd. (NASDAQ:ICHR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) have earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $23.80.

A number of equities analysts have issued reports on the company. DA Davidson lowered their target price on Ichor from $45.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. B. Riley downgraded shares of Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a research report on Tuesday, August 5th. Oppenheimer set a $21.00 price objective on shares of Ichor and gave the company a “market perform” rating in a research note on Tuesday, August 5th. Stifel Nicolaus set a $23.00 price objective on shares of Ichor and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Finally, Wall Street Zen lowered shares of Ichor from a “hold” rating to a “sell” rating in a report on Sunday.

Ichor Stock Performance

Shares of NASDAQ ICHR opened at $18.36 on Friday. Ichor has a 52-week low of $13.12 and a 52-week high of $36.48. The company has a quick ratio of 1.32, a current ratio of 3.22 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $630.30 million, a price-to-earnings ratio of -30.10 and a beta of 1.90. The stock’s fifty day simple moving average is $18.37 and its 200 day simple moving average is $19.51.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). The company had revenue of $240.29 million during the quarter, compared to analyst estimates of $234.51 million. Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.Ichor’s quarterly revenue was up 18.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 EPS. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, sell-side analysts forecast that Ichor will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at Ichor

In related news, Director Iain Mackenzie bought 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the transaction, the director owned 60,011 shares in the company, valued at $997,982.93. The trade was a 71.41% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Marc Haugen purchased 3,000 shares of Ichor stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average cost of $17.75 per share, for a total transaction of $53,250.00. Following the purchase, the director directly owned 42,960 shares in the company, valued at $762,540. This trade represents a 7.51% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Ichor

Several institutional investors have recently made changes to their positions in ICHR. Newbridge Financial Services Group Inc. acquired a new stake in Ichor during the 2nd quarter worth $27,000. GAMMA Investing LLC increased its stake in shares of Ichor by 95.1% during the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock worth $32,000 after buying an additional 789 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Ichor by 1,060.9% during the second quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock worth $34,000 after buying an additional 1,602 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of Ichor during the second quarter worth approximately $37,000. Finally, Tower Research Capital LLC TRC increased its stake in Ichor by 380.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock valued at $71,000 after purchasing an additional 2,870 shares during the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.

Ichor Company Profile

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.