Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Ichor Holdings (ICHR) Share Price
News articles about Ichor Holdings (NASDAQ:ICHR) have been trending somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ichor Holdings earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.7346360484898 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Active Stock Evaluation – Ichor Holdings Ltd (NASDAQ:ICHR) – Alpha Beta Stock (alphabetastock.com)
- What’s Better? – Buy or Sell: Ichor Holdings, Ltd. (NASDAQ:ICHR) – The Investor Guide (wallstreetnews24.com)
- $165.03 Million in Sales Expected for Ichor Holdings, Ltd. (ICHR) This Quarter (americanbankingnews.com)
- 3 Strong Buy Stocks with Great P/E Ratios (finance.yahoo.com)
Several research firms have commented on ICHR. Stifel Nicolaus lifted their price target on Ichor Holdings from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Cowen and Company reaffirmed an “outperform” rating and set a $27.00 price target (up previously from $25.00) on shares of Ichor Holdings in a research report on Wednesday, August 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $27.00 price target (up previously from $26.00) on shares of Ichor Holdings in a research report on Wednesday, August 9th. Zacks Investment Research raised Ichor Holdings from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective on the stock in a report on Friday, August 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $30.00 price objective on shares of Ichor Holdings in a report on Tuesday, September 19th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $27.17.
Shares of Ichor Holdings (NASDAQ:ICHR) traded up 0.22% on Friday, reaching $26.80. The company had a trading volume of 653,594 shares. Ichor Holdings has a 12 month low of $9.81 and a 12 month high of $27.32. The stock has a 50 day moving average price of $24.31 and a 200-day moving average price of $24.31. The company has a market capitalization of $673.08 million and a price-to-earnings ratio of 15.41.
Ichor Holdings (NASDAQ:ICHR) last posted its earnings results on Thursday, August 10th. The technology company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.02). The company had revenue of $159.70 million during the quarter, compared to analysts’ expectations of $159.36 million. The business’s revenue was up 67.4% compared to the same quarter last year. Analysts forecast that Ichor Holdings will post $2.41 EPS for the current fiscal year.
In related news, insider Philip Ryan Sr. Barros sold 35,650 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $22.48, for a total value of $801,412.00. Following the sale, the insider now directly owns 32,090 shares in the company, valued at approximately $721,383.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Dipanjan Deb sold 5,423,692 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $18.50, for a total value of $100,338,302.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,518,447 shares of company stock worth $121,019,781. 5.80% of the stock is owned by insiders.
About Ichor Holdings
Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices.
Receive News & Stock Ratings for Ichor Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ichor Holdings Ltd. and related stocks with our FREE daily email newsletter.