Ichor (NASDAQ:ICHR) Trading Up 7% – Here’s What Happened

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ICHR. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Monday, December 29th. Craig Hallum reiterated a “buy” rating and issued a $36.00 price objective on shares of Ichor in a research note on Wednesday, January 14th. Oppenheimer cut shares of Ichor from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $30.00 to $32.00 in a report on Tuesday. Stifel Nicolaus lifted their price objective on shares of Ichor from $21.00 to $25.00 and gave the stock a “hold” rating in a report on Wednesday, January 14th. Finally, Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $30.14.

Ichor Price Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 3.08 and a quick ratio of 1.33. The stock’s fifty day moving average is $21.98 and its 200-day moving average is $19.82. The stock has a market capitalization of $1.04 billion, a PE ratio of -25.28 and a beta of 1.83.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings results on Monday, November 3rd. The technology company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.05). The firm had revenue of $239.30 million during the quarter, compared to analysts’ expectations of $235.14 million. Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the company earned $0.12 EPS. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. As a group, equities analysts predict that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at Ichor

In related news, Director Iain Mackenzie purchased 10,000 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were acquired at an average cost of $14.53 per share, for a total transaction of $145,300.00. Following the transaction, the director owned 130,011 shares of the company’s stock, valued at $1,889,059.83. This trade represents a 8.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.90% of the stock is owned by company insiders.

Institutional Trading of Ichor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor in the 2nd quarter valued at $27,000. Danske Bank A S acquired a new position in shares of Ichor in the 3rd quarter valued at approximately $28,000. GAMMA Investing LLC raised its position in Ichor by 95.1% in the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after purchasing an additional 789 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings 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 valued at $34,000 after buying an additional 1,602 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in shares of Ichor by 380.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock valued at $71,000 after acquiring an additional 2,870 shares during the period. 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.