Ichor (NASDAQ:ICHR) Shares Gap Up on Analyst Upgrade

Ichor Holdings, Ltd. (NASDAQ:ICHR) gapped up before the market opened on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $98.22, but opened at $103.95. Ichor shares last traded at $100.96, with a volume of 400,529 shares.

Other research analysts also recently issued research reports about the stock. Needham & Company LLC upped their price objective on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. TD Cowen lifted 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 upped their price target on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Finally, B. Riley Financial raised their price objective on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $71.71.

Insider Transactions at Ichor

In other Ichor news, Director Jorge Titinger sold 4,000 shares of the firm’s 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 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 document filed with the SEC, which is accessible through the SEC website. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total transaction of $961,953.95. Following the sale, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at $11,586,824.82. The trade was a 7.67% decrease in their position. 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 79,447 shares of company stock worth $5,678,621 in the last quarter. 1.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Ichor

A number of large investors have recently made changes to their positions in ICHR. Steward Partners Investment Advisory LLC purchased a new position in Ichor during the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. purchased a new stake in Ichor in the 2nd quarter valued at $27,000. Hantz Financial Services Inc. grew its holdings in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after buying an additional 590 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after acquiring an additional 126 shares during the last quarter. Finally, Danske Bank A S acquired a new stake in shares of Ichor in the 3rd quarter worth $28,000. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Ichor Stock Performance

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 fifty day moving average price of $79.71 and a 200 day moving average price of $54.19. The firm has a market cap of $2.89 billion, a PE ratio of -56.06 and a beta of 1.78.

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

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.