DA Davidson Forecasts Ichor’s FY2025 Earnings (NASDAQ:ICHR)

Ichor Holdings, Ltd. (NASDAQ:ICHR) – Stock analysts at DA Davidson boosted their FY2025 earnings estimates for shares of Ichor in a research note issued on Wednesday, February 5th. DA Davidson analyst T. Diffely now anticipates that the technology company will earn $1.08 per share for the year, up from their prior forecast of $1.03. The consensus estimate for Ichor’s current full-year earnings is ($0.28) per share.

A number of other research firms have also recently issued reports on ICHR. Needham & Company LLC reaffirmed a “hold” rating on shares of Ichor in a report on Wednesday. TD Cowen decreased their price target on shares of Ichor from $40.00 to $38.00 and set a “buy” rating for the company in a report on Friday, January 17th. Finally, B. Riley reaffirmed a “buy” rating and issued a $38.00 price target (up previously from $36.00) on shares of Ichor in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Ichor presently has a consensus rating of “Moderate Buy” and an average target price of $42.29.

Ichor Stock Up 0.7 %

NASDAQ ICHR opened at $32.50 on Friday. The company has a current ratio of 3.64, a quick ratio of 1.69 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average price is $31.33 and its 200-day moving average price is $30.61. Ichor has a 52-week low of $25.95 and a 52-week high of $46.43.

Ichor (NASDAQ:ICHR) last issued its earnings results on Tuesday, February 4th. The technology company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.14). Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%.

Institutional Trading of Ichor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ICHR. GAMMA Investing LLC grew its position in shares of Ichor by 136.2% in the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company’s stock valued at $34,000 after purchasing an additional 625 shares during the period. Signaturefd LLC boosted its position in Ichor by 214.6% during the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company’s stock worth $40,000 after acquiring an additional 854 shares during the last quarter. Quarry LP raised its stake in Ichor by 80.4% during the third quarter. Quarry LP now owns 1,566 shares of the technology company’s stock worth $50,000 after purchasing an additional 698 shares during the period. KBC Group NV raised its stake in Ichor by 83.5% during the fourth quarter. KBC Group NV now owns 2,086 shares of the technology company’s stock worth $67,000 after purchasing an additional 949 shares during the period. Finally, CWM LLC raised its stake in Ichor by 134.9% during the third quarter. CWM LLC now owns 3,617 shares of the technology company’s stock worth $115,000 after purchasing an additional 2,077 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Company Profile

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.