Ichor (NASDAQ:ICHR) Shares Gap Up – Still a Buy?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) gapped up before the market opened on Tuesday . The stock had previously closed at $90.41, but opened at $97.17. Ichor shares last traded at $94.1290, with a volume of 116,929 shares traded.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Needham & Company LLC lifted their price target on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Oppenheimer lifted their target price on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Zacks Research upgraded shares of Ichor from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd. Stifel Nicolaus lifted their price objective on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, B. Riley Financial boosted their price objective on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $82.29.

Ichor Stock Down 1.8%

The firm has a 50 day simple moving average of $82.85 and a two-hundred day simple moving average of $57.40. The stock has a market capitalization of $3.25 billion, a P/E ratio of -62.95 and a beta of 1.78. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17.

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

Insider Buying and Selling at Ichor

In related news, Director Marc Haugen sold 9,923 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the sale, the director owned 16,162 shares of the company’s stock, valued at $1,165,441.82. This trade represents a 38.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the transaction, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at approximately $11,586,824.82. The trade was a 7.67% 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. Insiders sold 79,447 shares of company stock worth $5,678,621 over the last 90 days. 1.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc raised its holdings in Ichor by 100.0% during 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 during the last quarter. Linden Thomas Advisory Services LLC lifted its holdings in 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. boosted 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 during the last quarter. The Manufacturers Life Insurance Company grew its stake in Ichor by 5.7% during the second 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 during the period. Finally, AdvisorNet Financial Inc bought a new stake in Ichor in the first quarter worth approximately $37,000. 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.