Stifel Nicolaus Forecasts Strong Price Appreciation for Ichor (NASDAQ:ICHR) Stock

Ichor (NASDAQ:ICHR) had its price objective boosted by analysts at Stifel Nicolaus from $21.00 to $25.00 in a research report issued on Wednesday, MarketBeat Ratings reports. The brokerage presently has a “hold” rating on the technology company’s stock. Stifel Nicolaus’ price target would suggest a potential downside of 12.84% from the company’s current price.

Other research analysts have also issued research reports about the company. Zacks Research raised shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. DA Davidson lowered their price target on Ichor from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 29th. Wall Street Zen cut Ichor from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Finally, Oppenheimer upgraded Ichor from a “market perform” rating to an “outperform” rating and upped their target price for the company from $21.00 to $25.00 in a research note on Wednesday, November 12th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $24.00.

Ichor Stock Performance

Shares of ICHR stock traded up $2.55 during trading hours on Wednesday, hitting $28.68. The company’s stock had a trading volume of 423,452 shares, compared to its average volume of 859,200. Ichor has a 12-month low of $13.12 and a 12-month high of $35.56. The company has a current ratio of 3.08, a quick ratio of 1.33 and a debt-to-equity ratio of 0.17. The stock has a market cap of $986.09 million, a PE ratio of -23.68 and a beta of 1.83. The company has a 50 day moving average of $17.88 and a 200 day moving average of $19.03.

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

Insider Activity at Ichor

In other news, Director Iain Mackenzie acquired 10,000 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were purchased at an average cost of $14.53 per share, with a total value of $145,300.00. Following the acquisition, the director directly owned 130,011 shares in the company, valued at $1,889,059.83. This represents a 8.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its stake in Ichor by 295.5% in the fourth quarter. SG Americas Securities LLC now owns 26,073 shares of the technology company’s stock valued at $481,000 after acquiring an additional 19,481 shares during the last quarter. Central Pacific Bank Trust Division raised its position in Ichor by 23.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 14,855 shares of the technology company’s stock worth $274,000 after purchasing an additional 2,815 shares during the period. Danske Bank A S purchased a new stake in Ichor during the third quarter valued at about $28,000. Dark Forest Capital Management LP bought a new position in shares of Ichor during the third quarter valued at about $698,000. Finally, Verition Fund Management LLC increased its holdings in shares of Ichor by 459.1% in the third quarter. Verition Fund Management LLC now owns 88,345 shares of the technology company’s stock worth $1,548,000 after buying an additional 72,545 shares during the period. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Company Profile

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.