Ichor (NASDAQ:ICHR) Stock Rating Lowered by Wall Street Zen

Wall Street Zen lowered shares of Ichor (NASDAQ:ICHR) from a hold rating to a sell rating in a research report sent to investors on Sunday.

A number of other equities research analysts also recently issued reports on the company. DA Davidson reduced their price target on Ichor from $45.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. B. Riley downgraded Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price target on the stock. in a research report on Tuesday, August 5th. Oppenheimer set a $21.00 price target on Ichor and gave the stock a “market perform” rating in a research report on Tuesday, August 5th. TD Cowen reduced their price target on Ichor from $28.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, August 5th. Finally, Stifel Nicolaus set a $23.00 price target on Ichor and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.80.

Ichor Price Performance

Ichor stock opened at $18.36 on Friday. Ichor has a 12 month low of $13.12 and a 12 month high of $36.48. The stock’s 50 day moving average is $18.37 and its 200-day moving average is $19.51. The company has a current ratio of 3.22, a quick ratio of 1.32 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $630.30 million, a price-to-earnings ratio of -30.10 and a beta of 1.90.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). The company had revenue of $240.29 million for 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%.The company’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.05 EPS. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Equities research analysts expect that Ichor will post 1.01 EPS for the current year.

Insider Activity

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ICHR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ichor by 5.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company’s stock worth $605,000 after acquiring an additional 959 shares in the last quarter. ProShare Advisors LLC raised its position in shares of Ichor by 44.4% in the 4th quarter. ProShare Advisors LLC now owns 9,976 shares of the technology company’s stock worth $321,000 after acquiring an additional 3,068 shares in the last quarter. Two Sigma Investments LP raised its position in shares of Ichor by 2.4% in the 4th quarter. Two Sigma Investments LP now owns 106,483 shares of the technology company’s stock worth $3,431,000 after acquiring an additional 2,489 shares in the last quarter. Two Sigma Advisers LP raised its position in shares of Ichor by 116.7% in the 4th quarter. Two Sigma Advisers LP now owns 19,500 shares of the technology company’s stock worth $628,000 after acquiring an additional 10,500 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Ichor by 19.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,633 shares of the technology company’s stock worth $2,115,000 after acquiring an additional 10,729 shares in the last quarter. 94.81% of the stock is owned by 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.