News stories about Ichor (NASDAQ:ICHR) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ichor earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 47.1818917311364 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Brokerages Expect Ichor Holdings Ltd (ICHR) Will Announce Quarterly Sales of $180.26 Million (americanbankingnews.com)
- Ichor Holdings Ltd (ICHR) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Ichor Holdings, Ltd. (NASDAQ:ICHR) – Yesterday’s Hot Mover – Nasdaq Journal (press release) (nasdaqjournal.com)
- The sentiment expressed by investors: Ichor Holdings, Ltd. (ICHR), Henry Schein, Inc. (HSIC) – Market Movers (financialqz.com)
- Ichor Holdings, Ltd. (ICHR) Director Iain Mackenzie Sells 4,690 Shares (americanbankingnews.com)
Several brokerages recently commented on ICHR. Royal Bank of Canada reiterated a “buy” rating and set a $37.00 target price on shares of Ichor in a report on Friday, October 20th. Needham & Company LLC reiterated a “buy” rating and set a $30.00 target price on shares of Ichor in a report on Tuesday, September 19th. Deutsche Bank reiterated a “buy” rating and set a $32.00 target price (up from $26.00) on shares of Ichor in a report on Tuesday, October 10th. Zacks Investment Research downgraded Ichor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 13th. Finally, Cowen reiterated an “outperform” rating and set a $40.00 target price (up from $38.00) on shares of Ichor in a report on Friday, November 10th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $34.17.
Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported $0.62 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.62. Ichor had a return on equity of 32.99% and a net margin of 7.43%. The company had revenue of $164.50 million for the quarter, compared to the consensus estimate of $165.16 million. Ichor’s quarterly revenue was up 55.6% compared to the same quarter last year. equities analysts anticipate that Ichor will post 2.4 earnings per share for the current fiscal year.
In other Ichor news, CEO Thomas M. Rohrs sold 130,767 shares of Ichor stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $27.85, for a total transaction of $3,641,860.95. Following the sale, the chief executive officer now directly owns 173,090 shares in the company, valued at approximately $4,820,556.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Maurice Eugene Carson sold 17,300 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $29.37, for a total value of $508,101.00. Following the completion of the sale, the chief financial officer now owns 52,922 shares of the company’s stock, valued at $1,554,319.14. The disclosure for this sale can be found here. Insiders have sold a total of 211,994 shares of company stock worth $5,858,200 over the last 90 days. 5.80% of the stock is owned by company insiders.
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Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices.
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