Brokerages Set Ichor Holdings, Ltd. (NASDAQ:ICHR) PT at $23.20

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $23.20.

ICHR has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Monday. DA Davidson decreased their target price on shares of Ichor from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, November 4th. Oppenheimer raised shares of Ichor from a “market perform” rating to an “outperform” rating and raised their target price for the company from $21.00 to $25.00 in a research note on Wednesday, November 12th. Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Wall Street Zen cut shares of Ichor from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th.

Insiders Place Their Bets

In other news, Director Iain Mackenzie purchased 10,000 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was purchased at an average cost of $14.53 per share, with a total value of $145,300.00. Following the purchase, the director owned 130,011 shares in the company, valued at $1,889,059.83. This trade represents a 8.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is owned by company insiders.

Institutional Trading of Ichor

Institutional investors have recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Ichor by 497.2% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock valued at $29,753,000 after buying an additional 1,413,870 shares in the last quarter. Invesco Ltd. raised its position in Ichor by 61.8% in the third quarter. Invesco Ltd. now owns 1,253,457 shares of the technology company’s stock worth $21,961,000 after acquiring an additional 478,952 shares in the last quarter. Millennium Management LLC lifted its holdings in Ichor by 1,710.7% in the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Ichor by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 826,399 shares of the technology company’s stock valued at $16,233,000 after purchasing an additional 5,691 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Ichor by 2.0% in the 3rd quarter. Alliancebernstein L.P. now owns 812,815 shares of the technology company’s stock worth $14,241,000 after purchasing an additional 15,924 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Performance

ICHR opened at $18.98 on Friday. The company has a current ratio of 3.08, a quick ratio of 1.33 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $17.84 and its 200-day moving average is $18.74. The stock has a market cap of $652.61 million, a PE ratio of -15.82 and a beta of 1.82. Ichor has a twelve month low of $13.12 and a twelve month high of $35.56.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings data on Monday, November 3rd. The technology company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The business had revenue of $239.30 million during the quarter, compared to the consensus estimate of $235.14 million. Ichor had a negative return on equity of 0.96% and a negative net margin of 4.26%.The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company earned $0.12 earnings per share. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. On average, analysts predict that Ichor will post 1.01 earnings per share for the current 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.