Ichor Holdings, Ltd. (NASDAQ:ICHR) Stock Has Consensus Target Price of $85.89

Ichor Holdings, Ltd. (NASDAQ:ICHR) has been assigned an average rating of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $85.89.

A number of analysts have recently commented on the stock. B. Riley Financial reduced their price target on shares of Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Oppenheimer increased their price objective on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. TD Cowen dropped their target price on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Stifel Nicolaus lifted their target price on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, Zacks Research lowered shares of Ichor from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th.

Ichor Trading Down 8.3%

Ichor stock opened at $38.90 on Friday. 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 one year low of $14.06 and a one year high of $113.58. The stock has a market capitalization of $1.46 billion, a PE ratio of 471.44 and a beta of 1.79. The business’s fifty day moving average is $53.07 and its 200 day moving average is $60.47.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%. The company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. During the same period last year, the company earned $0.03 EPS. Ichor’s revenue for the quarter was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, sell-side analysts predict that Ichor will post 1.13 EPS for the current year.

Insider Transactions at Ichor

In related news, CEO Philip Barros, Jr. sold 1,314 shares of Ichor stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total value of $81,310.32. Following the completion of the sale, the chief executive officer owned 161,562 shares of the company’s stock, valued at $9,997,456.56. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Greg Swyt sold 689 shares of the company’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $65.01, for a total value of $44,791.89. Following the sale, the chief financial officer owned 47,143 shares of the company’s stock, valued at approximately $3,064,766.43. This trade represents a 1.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 46,740 shares of company stock worth $2,602,960. 1.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ichor

Several institutional investors have recently made changes to their positions in ICHR. Assenagon Asset Management S.A. bought a new stake in Ichor during the 2nd quarter valued at approximately $5,165,000. Wellington Management Group LLP boosted its stake in Ichor by 54.3% in the 2nd quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company’s stock worth $124,501,000 after purchasing an additional 390,017 shares during the period. Hsbc Holdings PLC bought a new position in Ichor in the 4th quarter worth approximately $1,101,000. Robeco Institutional Asset Management B.V. purchased a new stake in Ichor during the 3rd quarter valued at approximately $1,991,000. Finally, Counterpoint Mutual Funds LLC purchased a new stake in Ichor during the 1st quarter valued at approximately $892,000. Institutional investors own 94.81% of the company’s stock.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) is a supplier to the semiconductor equipment industry. The company designs, engineers and manufactures critical fluid-delivery subsystems used in semiconductor fabrication equipment, including systems that deliver and control gases and chemicals during the wafer-manufacturing process.

Ichor’s products and services include gas and chemical delivery systems, precision-machined components, weldments, fluid-management assemblies and related engineering and manufacturing services.