Ichor (NASDAQ:ICHR) Trading 7% Higher – Time to Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price was up 7% during mid-day trading on Thursday . The company traded as high as $33.29 and last traded at $33.0550. Approximately 670,602 shares changed hands during trading, a decline of 32% from the average daily volume of 991,987 shares. The stock had previously closed at $30.88.

Analysts Set New Price Targets

Several brokerages have weighed in on ICHR. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research report on Monday, December 29th. Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. DA Davidson dropped their price objective on shares of Ichor from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, November 4th. B. Riley boosted their target price on shares of Ichor from $19.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Finally, Needham & Company LLC upgraded shares of Ichor from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a research report on Tuesday, January 20th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $30.14.

Ichor Stock Up 8.5%

The stock has a market cap of $1.15 billion, a P/E ratio of -27.91 and a beta of 1.83. 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 stock’s 50-day moving average is $21.29 and its 200-day moving average is $19.67.

Ichor (NASDAQ:ICHR) last issued its quarterly 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 return on equity of 0.96% and a negative net margin of 4.26%.The company had revenue of $239.30 million during the quarter, compared to analyst estimates of $235.14 million. During the same period in the prior year, the company posted $0.12 earnings per share. The company’s revenue was up 13.4% on a year-over-year basis. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. As a group, research analysts anticipate that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Insider Activity at Ichor

In other news, Director Iain Mackenzie acquired 10,000 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was acquired at an average price of $14.53 per share, for a total transaction of $145,300.00. Following the completion of the acquisition, the director directly owned 130,011 shares in the company, valued at $1,889,059.83. This represents a 8.33% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. bought a new position in shares of Ichor during the 2nd quarter valued at about $27,000. Danske Bank A S bought a new stake in Ichor during the third quarter worth approximately $28,000. GAMMA Investing LLC boosted its holdings in Ichor by 95.1% during the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock worth $32,000 after buying an additional 789 shares in the last quarter. Nisa Investment Advisors LLC grew its position in Ichor by 1,060.9% in the second quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock worth $34,000 after buying an additional 1,602 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Ichor by 380.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock valued at $71,000 after buying an additional 2,870 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors.

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.