Brokerages Set Ichor Holdings, Ltd. (NASDAQ:ICHR) PT at $87.00

Ichor Holdings, Ltd. (NASDAQ:ICHR) has received an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $87.00.

A number of research analysts recently commented on the stock. TD Cowen lowered their price objective on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Stifel Nicolaus lifted their target price on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Needham & Company LLC boosted their price target on shares of Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, DA Davidson set a $85.00 price target on shares of Ichor in a research note on Wednesday, August 5th.

Insider Transactions at Ichor

In other Ichor news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the transaction, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at $11,586,824.82. This represents a 7.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Greg Swyt sold 6,820 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $66.81, for a total value of $455,644.20. Following the sale, the chief financial officer directly owned 53,070 shares of the company’s stock, valued at $3,545,606.70. This trade represents a 11.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 64,187 shares of company stock worth $4,559,436 in the last ninety days. Company insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Ichor

A number of hedge funds have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC bought a new position in Ichor during the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in Ichor in the second quarter worth approximately $27,000. Hantz Financial Services Inc. grew its position in Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after acquiring an additional 590 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Ichor by 100.0% during the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after purchasing an additional 126 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of Ichor during the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Trading Up 2.5%

NASDAQ:ICHR opened at $69.19 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. Ichor has a fifty-two week low of $14.06 and a fifty-two week high of $113.58. The stock’s 50-day moving average is $85.04 and its two-hundred day moving average is $64.73. The stock has a market cap of $2.59 billion, a PE ratio of -59.14 and a beta of 1.82.

Ichor (NASDAQ:ICHR) last issued its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $294.78 million for the quarter, compared to the consensus estimate of $300.17 million. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The firm’s quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. As a group, equities research analysts forecast that Ichor will post 1.13 earnings per share for the current fiscal year.

Ichor Company Profile

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.