Ichor (NASDAQ:ICHR) Shares Gap Up – What’s Next?

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares gapped up before the market opened on Thursday . The stock had previously closed at $89.45, but opened at $96.22. Ichor shares last traded at $97.0590, with a volume of 230,789 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a research report on Thursday. Oppenheimer raised their price objective on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 target price on shares of Ichor in a research note on Friday, May 1st. Needham & Company LLC boosted their target price on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $64.57.

Ichor Stock Performance

The stock has a fifty day moving average price of $69.54 and a 200 day moving average price of $46.24. 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 firm has a market cap of $3.40 billion, a price-to-earnings ratio of -66.06 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last announced its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. During the same quarter in the prior year, the business earned $0.12 earnings per share. The company’s revenue 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, analysts predict that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Laura A. Black sold 20,000 shares of Ichor stock in a transaction on 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 transaction, the director owned 20,462 shares in the company, valued at $1,535,059.24. This trade represents a 49.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Marc Haugen sold 9,923 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $72.11, for a total value of $715,547.53. Following the transaction, the director directly owned 16,162 shares of the company’s stock, valued at $1,165,441.82. This represents a 38.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,447 shares of company stock worth $5,678,621 in the last ninety days. 1.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Linden Thomas Advisory Services LLC lifted its stake in shares of Ichor by 0.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after buying an additional 398 shares during the period. Hantz Financial Services Inc. raised its holdings in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after acquiring an additional 590 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Ichor by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after purchasing an additional 666 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of Ichor during the 1st quarter worth approximately $37,000. Finally, AQR Capital Management LLC increased its position in shares of Ichor by 0.6% during the fourth quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock valued at $2,473,000 after purchasing an additional 817 shares during the period. Institutional investors own 94.81% of the company’s stock.

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.