Ichor’s (ICHR) Market Perform Rating Reiterated at Oppenheimer

Ichor (NASDAQ:ICHR)‘s stock had its “market perform” rating reaffirmed by investment analysts at Oppenheimer in a report issued on Tuesday, Marketbeat.com reports. They presently have a $32.00 price objective on the technology company’s stock, up from their prior price objective of $30.00. Oppenheimer’s price objective would suggest a potential upside of 4.56% from the company’s previous close.

Other equities analysts have also issued reports about the company. Zacks Research upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Craig Hallum reissued a “buy” rating and issued a $36.00 price target on shares of Ichor in a report on Wednesday, January 14th. DA Davidson dropped their price objective on Ichor from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Tuesday, November 4th. Stifel Nicolaus boosted their target price on Ichor from $21.00 to $25.00 and gave the company a “hold” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $30.14.

Ichor Trading Up 0.0%

Shares of NASDAQ ICHR traded up $0.01 during mid-day trading on Tuesday, hitting $30.60. The company’s stock had a trading volume of 399,928 shares, compared to its average volume of 985,759. Ichor has a one year low of $13.12 and a one year high of $35.56. The company’s fifty day simple moving average is $20.64 and its 200-day simple moving average is $19.54. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.08 and a quick ratio of 1.33. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of -25.66 and a beta of 1.83.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings results on Monday, November 3rd. The technology company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The business had revenue of $239.30 million for the quarter, compared to the consensus estimate of $235.14 million. Ichor had a negative return on equity of 0.96% and a negative net margin of 4.26%.The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the firm earned $0.12 earnings per share. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. On average, sell-side analysts anticipate that Ichor will post 1.01 earnings per share for the current fiscal year.

Insider Activity

In other Ichor news, Director Iain Mackenzie acquired 10,000 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were acquired at an average price of $14.53 per share, with a total value of $145,300.00. Following the completion of the transaction, the director directly owned 130,011 shares in the company, valued at $1,889,059.83. This trade represents a 8.33% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ichor

Hedge funds have recently modified their holdings of the stock. Linden Thomas Advisory Services LLC boosted its position in Ichor by 0.8% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after purchasing an additional 398 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Ichor by 5.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after buying an additional 666 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Ichor by 95.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after buying an additional 789 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after buying an additional 865 shares in the last quarter. Finally, Natixis Advisors LLC increased its holdings in Ichor by 2.0% during the third quarter. Natixis Advisors LLC now owns 52,158 shares of the technology company’s stock worth $914,000 after buying an additional 1,017 shares during the last quarter. 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.