Ichor Holdings, Ltd. (NASDAQ:ICHR) Given Consensus Recommendation of “Hold” by Analysts

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

ICHR has been the topic of a number of research reports. Wall Street Zen downgraded Ichor from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 8th. Oppenheimer upgraded Ichor from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $21.00 to $25.00 in a research report on Wednesday, November 12th. Zacks Research raised Ichor from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Stifel Nicolaus set a $21.00 target price on Ichor and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Finally, DA Davidson reduced their price target on shares of Ichor from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Tuesday, November 4th.

Insider Activity

In other Ichor news, Director Iain Mackenzie bought 10,000 shares of Ichor stock in a transaction that occurred on Monday, November 17th. The shares were bought at an average price of $14.53 per share, with a total value of $145,300.00. Following the acquisition, the director owned 130,011 shares in the company, valued at approximately $1,889,059.83. This trade represents a 8.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. increased its holdings in shares of Ichor by 6,688.0% in the first quarter. Russell Investments Group Ltd. now owns 19,821 shares of the technology company’s stock worth $448,000 after buying an additional 19,529 shares during the period. Gabelli Funds LLC purchased a new position in Ichor in the 1st quarter worth approximately $203,000. Royal Bank of Canada increased its stake in Ichor by 27.7% in the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock worth $224,000 after purchasing an additional 2,146 shares during the period. Cinctive Capital Management LP bought a new stake in Ichor in the first quarter valued at approximately $1,356,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Ichor by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after purchasing an additional 865 shares during the period. 94.81% of the stock is owned by institutional investors.

Ichor Stock Down 2.9%

Shares of NASDAQ ICHR opened at $18.43 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 has a 50-day moving average of $17.71 and a 200-day moving average of $18.74. The firm has a market capitalization of $633.62 million, a price-to-earnings ratio of -15.36 and a beta of 1.83. Ichor has a 12 month low of $13.12 and a 12 month high of $35.56.

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