Ichor (NASDAQ:ICHR) Trading 7.6% Higher – What’s Next?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price traded up 7.6% during mid-day trading on Wednesday . The company traded as high as $32.38 and last traded at $32.90. 201,720 shares were traded during trading, a decline of 81% from the average session volume of 1,035,298 shares. The stock had previously closed at $30.57.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Monday, December 29th. B. Riley upped their price target on Ichor from $19.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday. Needham & Company LLC upgraded Ichor from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Tuesday. DA Davidson lowered their price objective on Ichor from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Tuesday, November 4th. Finally, Oppenheimer raised Ichor from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $21.00 to $25.00 in a research note on Wednesday, November 12th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $29.14.

Ichor Stock Up 8.1%

The business has a 50-day moving average of $19.27 and a 200-day moving average of $19.29. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.33 and a current ratio of 3.08. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -27.59 and a beta of 1.83.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results 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 company had revenue of $239.30 million for the quarter, compared to analyst estimates of $235.14 million. Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. Ichor’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 earnings per share. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. On average, sell-side analysts expect that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

Insider Activity at Ichor

In other news, Director Iain Mackenzie acquired 10,000 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was acquired at an average cost of $14.53 per share, with a total value 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 represents a 8.33% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Ichor

A number of institutional investors and hedge funds have recently bought and sold shares of ICHR. Newbridge Financial Services Group Inc. purchased a new stake in Ichor during the 2nd quarter worth approximately $27,000. Danske Bank A S purchased a new stake in shares of Ichor during the third quarter worth $28,000. GAMMA Investing LLC raised its stake in shares of Ichor by 95.1% in the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after acquiring an additional 789 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in Ichor by 1,060.9% in the second quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock valued at $34,000 after purchasing an additional 1,602 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings 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 period. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Ichor Company Profile

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.