Ichor (NASDAQ:ICHR) Shares Gap Up – Time to Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $62.25, but opened at $70.69. Ichor shares last traded at $71.8570, with a volume of 132,256 shares.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ICHR shares. Oppenheimer raised their price objective on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Needham & Company LLC boosted their target price on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Zacks Research lowered Ichor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Stifel Nicolaus raised their price target on Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, B. Riley Financial lifted their price objective on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Six research 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $82.29.

Ichor Stock Up 0.4%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of -50.86 and a beta of 1.78. The firm’s 50-day simple moving average is $85.48 and its two-hundred day simple moving average is $62.26.

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

Insiders Place Their Bets

In related news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the transaction, the chief executive officer owned 165,078 shares in the company, valued at $11,586,824.82. The trade was a 7.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 5,337 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the transaction, the director directly owned 10,825 shares in the company, valued at approximately $818,694.75. This represents a 33.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 79,447 shares of company stock valued at $5,678,621 over the last quarter. Company insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

A number of institutional investors and hedge funds have recently made changes to their positions in ICHR. Versant Capital Management Inc lifted its stake in shares of Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after acquiring an additional 126 shares during the period. Linden Thomas Advisory Services LLC boosted its holdings in 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 acquiring an additional 398 shares during the last quarter. Hantz Financial Services Inc. increased 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 purchasing an additional 590 shares during the period. The Manufacturers Life Insurance Company increased its position in 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. Finally, AdvisorNet Financial Inc acquired a new stake in Ichor in the first quarter worth about $37,000. 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.