Analysts Set Ichor Holdings, Ltd. (NASDAQ:ICHR) Price Target at $87.00

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) have received a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective 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 ICHR shares. DA Davidson set a $85.00 price objective on Ichor in a research note on Wednesday, August 5th. TD Cowen cut their target price on shares of Ichor from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Needham & Company LLC lifted their target price on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. B. Riley Financial lowered their price target on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Finally, Oppenheimer upped their price target on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research note on Tuesday, August 4th.

Insider Transactions at Ichor

In other Ichor news, COO Bruce Ragsdale sold 10,587 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $51.93, for a total value of $549,782.91. Following the completion of the transaction, the chief operating officer directly owned 92,324 shares of the company’s stock, valued at $4,794,385.32. This trade represents a 10.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Philip Barros, Jr. sold 1,314 shares of Ichor stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $61.88, for a total value of $81,310.32. Following the sale, the chief executive officer directly owned 161,562 shares of the company’s stock, valued at $9,997,456.56. This represents a 0.81% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 21,834 shares of company stock valued at $1,284,287. 1.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ICHR. 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 worth $28,000 after purchasing an additional 126 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after buying an additional 590 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Ichor by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after buying an additional 666 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Ichor during the first quarter valued at approximately $37,000. Finally, AQR Capital Management LLC raised 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 buying an additional 817 shares during the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.

Ichor Price Performance

ICHR opened at $56.38 on Friday. The firm has a market cap of $2.11 billion, a P/E ratio of -48.19 and a beta of 1.81. The firm has a 50-day moving average of $76.36 and a 200 day moving average of $67.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. Ichor has a fifty-two week low of $14.06 and a fifty-two week high of $113.58.

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

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.