Ichor (NASDAQ:ICHR) Sets New 52-Week High – Should You Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $92.56 and last traded at $89.47, with a volume of 1234930 shares. The stock had previously closed at $86.80.

Analyst Upgrades and Downgrades

ICHR has been the topic of a number of analyst reports. B. Riley Financial reiterated a “buy” rating on shares of Ichor in a research note on Monday, April 20th. TD Cowen increased their price target on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Oppenheimer increased their price target on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Needham & Company LLC increased their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $64.57.

Ichor Trading Up 4.3%

The business has a 50 day moving average of $69.54 and a two-hundred day moving average of $46.24. 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 firm has a market cap of $3.12 billion, a P/E ratio of -60.44 and a beta of 1.87.

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

Insider Activity

In other Ichor news, Director Jorge Titinger sold 4,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total transaction of $256,840.00. Following the transaction, the director owned 12,318 shares in the company, valued at $790,938.78. This trade represents a 24.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Greg Swyt sold 19,662 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $70.42, for a total value of $1,384,598.04. Following the transaction, the chief financial officer owned 60,971 shares in the company, valued at $4,293,577.82. The trade was a 24.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 79,447 shares of company stock worth $5,678,621. Corporate insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several institutional investors have recently made changes to their positions in the stock. Linden Thomas Advisory Services LLC boosted its stake in shares of Ichor by 0.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after buying an additional 398 shares during the period. Hantz Financial Services Inc. grew its holdings 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 worth $28,000 after purchasing an additional 590 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Ichor by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after purchasing an additional 666 shares during the period. AdvisorNet Financial Inc acquired a new position in Ichor in the first quarter valued at about $37,000. Finally, AQR Capital Management LLC raised its stake in Ichor by 0.6% in the fourth quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock valued at $2,473,000 after purchasing an additional 817 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors.

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.