Brokerages Set Ichor Holdings, Ltd. (NASDAQ:ICHR) PT at $87.00

Ichor Holdings, Ltd. (NASDAQ:ICHR) has received an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $87.00.

A number of equities research analysts recently issued reports on the stock. DA Davidson set a $85.00 price target on shares of Ichor in a research note on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. TD Cowen decreased their price objective on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Oppenheimer lifted their target price on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. Finally, B. Riley Financial cut their target price on shares of Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th.

Insider Transactions at Ichor

In related news, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the sale, the chief executive officer directly owned 165,078 shares in the company, valued at approximately $11,586,824.82. The trade was a 7.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Greg Swyt sold 6,820 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $66.81, for a total value of $455,644.20. Following the sale, the chief financial officer owned 53,070 shares of the company’s stock, valued at approximately $3,545,606.70. This trade represents a 11.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 64,187 shares of company stock valued at $4,559,436. 1.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Ichor

A number of institutional investors have recently made changes to their positions in the company. Assenagon Asset Management S.A. purchased a new stake in shares of Ichor during the second quarter worth approximately $5,165,000. Versant Capital Management Inc lifted its holdings in Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after purchasing an additional 126 shares in the last quarter. Lombard Odier Asset Management Europe Ltd acquired a new stake in Ichor during the 1st quarter worth $2,684,000. Amundi acquired a new stake in Ichor during the 1st quarter worth $217,000. Finally, California State Teachers Retirement System boosted its stake in Ichor by 31.1% during the 1st quarter. California State Teachers Retirement System now owns 40,806 shares of the technology company’s stock worth $1,902,000 after purchasing an additional 9,677 shares during the last quarter. 94.81% of the stock is owned by institutional investors and hedge funds.

Ichor Price Performance

Shares of ICHR opened at $71.05 on Monday. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. Ichor has a 12 month low of $14.06 and a 12 month high of $113.58. The stock’s 50 day moving average is $85.21 and its two-hundred day moving average is $65.30. The firm has a market cap of $2.66 billion, a P/E ratio of -60.73 and a beta of 1.82.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The business’s revenue was up 22.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Analysts predict that Ichor will post 1.13 earnings per share for the current fiscal year.

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.