Ichor (NASDAQ:ICHR) Shares Gap Up – Time to Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $89.38, but opened at $97.40. Ichor shares last traded at $91.0350, with a volume of 99,635 shares traded.

Analysts Set New Price Targets

Several brokerages have recently commented on ICHR. Stifel Nicolaus set a $76.00 target price on shares of Ichor in a report on Friday, May 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday. TD Cowen raised their price objective on Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Needham & Company LLC raised their price objective on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, B. Riley Financial lifted their price objective on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.71.

Ichor Trading Down 1.1%

The firm’s fifty day simple moving average is $74.84 and its 200 day simple moving average is $49.87. The stock has a market capitalization of $3.28 billion, a P/E ratio of -63.51 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.

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

Insider Transactions at Ichor

In other news, CFO Greg Swyt sold 6,820 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the completion of the transaction, the chief financial officer owned 53,070 shares of the company’s stock, valued at approximately $3,545,606.70. The trade was a 11.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the sale, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 79,447 shares of company stock worth $5,678,621. 1.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ICHR. AdvisorNet Financial Inc acquired a new stake in shares of Ichor in the 1st quarter valued at approximately $37,000. KBC Group NV acquired a new position in Ichor during the 1st quarter worth approximately $44,000. Newbridge Financial Services Group Inc. bought a new position in Ichor in the 2nd quarter valued at approximately $27,000. Steward Partners Investment Advisory LLC bought a new position in Ichor in the 4th quarter valued at approximately $26,000. Finally, Hantz Financial Services Inc. grew its stake in shares of Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after buying an additional 590 shares during the last quarter. 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.