Ichor (NASDAQ:ICHR) Sets New 12-Month High – What’s Next?

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $92.56 and last traded at $89.47, with a volume of 1234930 shares. The stock had previously closed at $86.80.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Stifel Nicolaus set a $76.00 price objective on Ichor in a report on Friday, May 1st. B. Riley Financial restated a “buy” rating on shares of Ichor in a report on Monday, April 20th. TD Cowen increased their target price on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Oppenheimer increased their target price on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $64.57.

Ichor Price Performance

The company has a market capitalization of $3.12 billion, a PE ratio of -60.45 and a beta of 1.87. The firm has a fifty day moving average of $67.96 and a two-hundred day moving average of $45.24. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last issued its 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 company had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts anticipate that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Insider Buying and Selling at Ichor

In other Ichor news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 165,078 shares of the company’s stock, valued at $11,586,824.82. This represents 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 9,923 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $72.11, for a total value of $715,547.53. Following the transaction, the director directly owned 16,162 shares of the company’s stock, valued at $1,165,441.82. The trade was a 38.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,447 shares of company stock worth $5,678,621 over the last three months. 1.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ICHR. Steward Partners Investment Advisory LLC bought a new position in Ichor during the 4th quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. bought a new position in Ichor during the 2nd quarter valued at approximately $27,000. Hantz Financial Services Inc. raised its position in Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares during the last quarter. Danske Bank A S bought a new position in Ichor during the 3rd quarter valued at approximately $28,000. Finally, AdvisorNet Financial Inc bought a new position in Ichor during the 1st quarter valued at approximately $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.