Stifel Nicolaus Issues Positive Forecast for Ichor (NASDAQ:ICHR) Stock Price

Ichor (NASDAQ:ICHR) had its price target upped by Stifel Nicolaus from $76.00 to $115.00 in a report issued on Friday, Marketbeat reports. Stifel Nicolaus currently has a buy rating on the technology company’s stock.

ICHR has been the topic of several other research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Needham & Company LLC lifted their price objective on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd. Oppenheimer boosted their price target on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Finally, B. Riley Financial lifted their target price on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $82.29.

Ichor Trading Up 4.0%

Shares of NASDAQ:ICHR traded up $3.86 during trading on Friday, reaching $100.30. 881,521 shares of the company were exchanged, compared to its average volume of 1,265,133. The business’s fifty day simple moving average is $81.40 and its 200-day simple moving average is $55.57. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. Ichor has a 12-month low of $13.12 and a 12-month high of $113.58. The firm has a market capitalization of $3.50 billion, a PE ratio of -67.77 and a beta of 1.78.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. The company had revenue of $256.07 million for 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 revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, research analysts anticipate that Ichor will post 0.97 EPS for the current year.

Insider Activity at Ichor

In other Ichor news, CFO Greg Swyt sold 19,662 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the sale, the chief financial officer directly owned 60,971 shares of the company’s stock, valued at approximately $4,293,577.82. This trade represents a 24.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the sale, the director directly owned 20,462 shares in the company, valued at approximately $1,535,059.24. This trade represents a 49.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,447 shares of company stock worth $5,678,621 in the last ninety days. 1.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ichor

A number of large investors have recently bought and sold shares of ICHR. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor during the 4th quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ichor in the second quarter worth about $27,000. Hantz Financial Services Inc. boosted its holdings in shares of Ichor by 64.8% during 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 during the last quarter. Versant Capital Management Inc lifted its position in Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after buying an additional 126 shares in the last quarter. Finally, Danske Bank A S acquired a new position in Ichor during the third quarter worth $28,000. Institutional investors and hedge funds 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.