Ichor (NASDAQ:ICHR) Trading Up 13.9% – What’s Next?

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares were up 13.9% during trading on Tuesday . The stock traded as high as $75.75 and last traded at $76.0490. Approximately 107,684 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 987,241 shares. The stock had previously closed at $66.75.

Wall Street Analyst Weigh In

Several research analysts have commented on ICHR shares. B. Riley Financial reiterated a “buy” rating on shares of Ichor in a report on Monday, April 20th. TD Cowen raised their target price on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. DA Davidson raised their target price on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Wall Street Zen upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Stifel Nicolaus set a $76.00 target price on shares of Ichor in a report on Friday, May 1st. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.57.

Ichor Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of -48.76 and a beta of 1.87. The firm’s fifty day moving average is $65.60 and its 200 day moving average is $43.73.

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

Insiders Place Their Bets

In other news, Director Jorge Titinger sold 4,000 shares of the company’s 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 transaction, the director directly owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This represents a 24.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laura A. Black sold 20,000 shares of the company’s 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 transaction, the director directly owned 20,462 shares in the company, valued at $1,535,059.24. This trade represents a 49.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 79,447 shares of company stock valued at $5,678,621 in the last three months. Company insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Ichor

A number of hedge funds have recently modified their holdings of ICHR. Steward Partners Investment Advisory LLC bought a new position in Ichor during the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. bought a new position in Ichor during the second quarter valued at approximately $27,000. Hantz Financial Services Inc. raised its position in Ichor by 64.8% during the fourth 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. Danske Bank A S bought a new position in Ichor during the third quarter valued at approximately $28,000. Finally, AdvisorNet Financial Inc bought a new position in Ichor during the first quarter valued at approximately $37,000. 94.81% of the stock is owned by institutional investors and hedge funds.

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.