Ichor (NASDAQ:ICHR) Stock Price Up 8.8% – Should You Buy?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) rose 8.8% during trading on Monday . The company traded as high as $100.48 and last traded at $102.2840. Approximately 285,225 shares traded hands during trading, a decline of 72% from the average session volume of 1,029,383 shares. The stock had previously closed at $94.00.

Analysts Set New Price Targets

ICHR has been the topic of a number of analyst reports. Needham & Company LLC raised their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Stifel Nicolaus set a $76.00 target price on Ichor in a research report on Friday, May 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday. Oppenheimer boosted their target price on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Finally, TD Cowen increased their price target on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.71.

Ichor Price Performance

The stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of -70.87 and a beta of 1.87. The company has a 50-day moving average of $74.84 and a 200-day moving average of $50.10. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. During the same quarter last year, the company earned $0.12 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities research analysts expect that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Insider Activity at Ichor

In other Ichor news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the transaction, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at $11,586,824.82. This represents a 7.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total value of $1,500,400.00. Following the completion of the transaction, the director directly owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This represents a 49.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 79,447 shares of company stock worth $5,678,621. Company insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC acquired a new position in shares of Ichor in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in Ichor during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. lifted its holdings in Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after purchasing an additional 590 shares during the period. Danske Bank A S acquired a new stake in shares of Ichor in the 3rd quarter worth approximately $28,000. Finally, AdvisorNet Financial Inc acquired a new stake in Ichor in the first quarter worth approximately $37,000. 94.81% of the stock is owned by institutional investors and hedge funds.

About Ichor

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.