Ichor (NASDAQ:ICHR) Hits New 12-Month High – Here’s Why

Ichor Holdings, Ltd. (NASDAQ:ICHR) reached a new 52-week high during trading on Monday . The stock traded as high as $101.63 and last traded at $99.6310, with a volume of 8400 shares changing hands. The stock had previously closed at $98.61.

Analysts Set New Price Targets

Several research firms have issued reports on ICHR. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Stifel Nicolaus set a $76.00 target price on shares of Ichor in a report on Friday, May 1st. Needham & Company LLC upped their price target on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. B. Riley Financial increased their price target on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday. Finally, TD Cowen raised their price objective on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $71.71.

Ichor Stock Performance

The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of -65.41 and a beta of 1.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The company’s fifty day simple moving average is $71.47 and its two-hundred day simple moving average is $47.40.

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

Insider Transactions at Ichor

In other Ichor news, Director Marc Haugen sold 5,337 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total transaction of $403,637.31. Following the transaction, the director owned 10,825 shares of the company’s stock, valued at $818,694.75. This trade represents a 33.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction that occurred on 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 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 79,447 shares of company stock valued at $5,678,621 over the last 90 days. Corporate insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Ichor

Several large investors have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc bought a new stake in Ichor during the first quarter valued at $37,000. KBC Group NV bought a new position in shares of Ichor in the 1st quarter worth about $44,000. Newbridge Financial Services Group Inc. bought a new position in shares of Ichor in the 2nd quarter worth about $27,000. Steward Partners Investment Advisory LLC acquired a new position in shares of Ichor in the 4th quarter valued at about $26,000. Finally, Hantz Financial Services Inc. grew its position in shares of 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 during 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.