Ichor (NASDAQ:ICHR) Trading Up 13.9% – Still a Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price was up 13.9% during mid-day trading on Tuesday . The stock traded as high as $75.75 and last traded at $76.0490. Approximately 107,684 shares traded hands during trading, a decline of 89% from the average daily volume of 987,241 shares. The stock had previously closed at $66.75.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ICHR shares. Needham & Company LLC boosted their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Oppenheimer boosted their price target on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. TD Cowen boosted their price target on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. B. Riley Financial reissued a “buy” rating on shares of Ichor in a report on Monday, April 20th. Finally, Wall Street Zen raised Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.57.

Ichor Stock Performance

The stock has a market cap of $2.49 billion, a P/E ratio of -48.01 and a beta of 1.87. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average price of $64.47 and a two-hundred day moving average price of $42.93.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data 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 return on equity of 1.10% and a negative net margin of 5.28%.The firm had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, sell-side analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Insider Activity at Ichor

In other news, Director Jorge Titinger sold 4,000 shares of Ichor stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total value of $256,840.00. Following the transaction, the director directly owned 12,318 shares in the company, valued at approximately $790,938.78. This trade represents a 24.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction 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. This represents a 7.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 72,627 shares of company stock valued at $5,222,977 in the last 90 days. 1.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. AdvisorNet Financial Inc purchased a new position in shares of Ichor in the 1st quarter valued at $37,000. KBC Group NV purchased a new position in shares of Ichor in the 1st quarter valued at $44,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ichor in the 2nd quarter valued at $27,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor in the 4th quarter valued at $26,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Ichor by 64.8% in 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. 94.81% of the stock is currently owned by hedge funds and other 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.