Brokerages Set Ichor Holdings, Ltd. (NASDAQ:ICHR) Target Price at $64.57

Ichor Holdings, Ltd. (NASDAQ:ICHR) has been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $64.5714.

ICHR has been the subject of a number of analyst reports. B. Riley Financial reissued a “buy” rating on shares of Ichor in a research report on Monday, April 20th. DA Davidson increased their target price on shares of Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Oppenheimer increased their price objective on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th.

Insiders Place Their Bets

In other news, Director Laura A. Black sold 20,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the completion of the sale, the director owned 20,462 shares in the company, valued at approximately $1,535,059.24. This represents a 49.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jorge Titinger sold 4,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total value of $256,840.00. Following the sale, the director owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This represents a 24.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 58,922 shares of company stock worth $4,261,023. 1.70% of the stock is currently owned by company insiders.

Institutional Trading of Ichor

Hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC lifted its holdings in shares of Ichor by 295.5% during the 4th quarter. SG Americas Securities LLC now owns 26,073 shares of the technology company’s stock valued at $481,000 after purchasing an additional 19,481 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Ichor during the 4th quarter worth about $607,000. Quantbot Technologies LP lifted its position in Ichor by 229.7% during the 3rd quarter. Quantbot Technologies LP now owns 107,999 shares of the technology company’s stock worth $1,892,000 after acquiring an additional 75,240 shares during the period. Cambiar Investors LLC acquired a new stake in Ichor during the 4th quarter worth about $1,595,000. Finally, Farther Finance Advisors LLC lifted its position in Ichor by 1,272.0% during the 4th quarter. Farther Finance Advisors LLC now owns 20,868 shares of the technology company’s stock worth $385,000 after acquiring an additional 19,347 shares during the period. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ichor Stock Up 7.1%

Ichor stock opened at $74.95 on Wednesday. The business has a fifty day moving average of $62.38 and a two-hundred day moving average of $41.00. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.61 billion, a P/E ratio of -50.64 and a beta of 1.87. Ichor has a twelve month low of $13.12 and a twelve month high of $78.00.

Ichor (NASDAQ:ICHR) last posted its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The company had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s revenue was up 4.7% 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 Q2 2026 guidance at 0.250-0.350 EPS. On average, analysts forecast that Ichor will post 0.97 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.