Ichor (NASDAQ:ICHR) Trading Up 13.9% – Still a Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price was up 13.9% on Tuesday . The company traded as high as $75.75 and last traded at $76.0490. Approximately 107,684 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 987,241 shares. The stock had previously closed at $66.75.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ICHR shares. TD Cowen raised their price objective on Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Wall Street Zen raised Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Oppenheimer raised their price objective on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Finally, B. Riley Financial reissued a “buy” rating on shares of Ichor in a research report on Monday, April 20th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $64.57.

Ichor Trading Up 6.8%

The stock has a 50-day simple moving average of $64.47 and a 200 day simple moving average of $42.93. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17. The company has a market cap of $2.49 billion, a price-to-earnings ratio of -48.01 and a beta of 1.87.

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

Insider Activity at Ichor

In other Ichor news, CFO Greg Swyt sold 19,662 shares of Ichor stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the sale, the chief financial officer owned 60,971 shares of the company’s stock, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 4,000 shares of Ichor stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total value of $256,840.00. Following the sale, the director directly owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This represents a 24.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 72,627 shares of company stock worth $5,222,977 in the last quarter. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Ichor

Institutional investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor during the 4th quarter valued at about $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ichor during the 2nd quarter valued at about $27,000. Hantz Financial Services Inc. raised its stake 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. Danske Bank A S purchased a new position in shares of Ichor during the 3rd quarter valued at about $28,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of Ichor during the 1st quarter valued at about $37,000. Hedge funds and other 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.