Ichor (NASDAQ:ICHR) Reaches New 1-Year High – Still a Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares reached a new 52-week high on Monday . The stock traded as high as $101.63 and last traded at $99.6310, with a volume of 8400 shares traded. The stock had previously closed at $98.61.

Analysts Set New Price Targets

A number of brokerages have commented on ICHR. B. Riley Financial lifted their target price on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday. TD Cowen increased their price target on Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Oppenheimer raised their price target on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price objective on Ichor in a research report on Friday, May 1st. Finally, Needham & Company LLC boosted their price objective on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.71.

Ichor Trading Down 1.5%

The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of -65.41 and a beta of 1.87. The firm has a 50-day moving average of $71.47 and a 200 day moving average of $47.40.

Ichor (NASDAQ:ICHR) last announced its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The firm had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same quarter in the previous year, the business earned $0.12 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities analysts predict that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Insider Buying and Selling at Ichor

In other Ichor news, Director Laura A. Black sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the transaction, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This trade represents a 49.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Greg Swyt sold 6,820 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the sale, the chief financial officer owned 53,070 shares in the company, valued at $3,545,606.70. This trade represents a 11.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 79,447 shares of company stock valued at $5,678,621. 1.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ICHR. Vanguard Group Inc. raised its holdings in Ichor by 4.7% during the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock worth $61,444,000 after purchasing an additional 148,993 shares in the last quarter. Invesco Ltd. boosted its stake in Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after purchasing an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Ichor by 15.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after purchasing an additional 259,417 shares in the last quarter. Royce & Associates LP increased its position in shares of Ichor by 48.5% during the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after purchasing an additional 473,440 shares during the period. Finally, State Street Corp increased its position in shares of Ichor by 0.9% during the 4th quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after purchasing an additional 11,645 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.