Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) - Analysts at DA Davidson reduced their FY2025 earnings per share estimates for shares of Ichor in a report released on Monday, January 27th. DA Davidson analyst T. Diffely now anticipates that the technology company will earn $1.03 per share for the year, down from their previous estimate of $1.08. The consensus estimate for Ichor's current full-year earnings is ($0.28) per share.
A number of other research firms have also issued reports on ICHR. TD Cowen reduced their price objective on Ichor from $40.00 to $38.00 and set a "buy" rating for the company in a research report on Friday, January 17th. Needham & Company LLC downgraded shares of Ichor from a "buy" rating to a "hold" rating in a report on Monday, January 13th. Finally, B. Riley restated a "buy" rating and set a $38.00 price target (up previously from $36.00) on shares of Ichor in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $42.29.
View Our Latest Research Report on ICHR
Ichor Stock Performance
ICHR stock traded down $0.23 during midday trading on Tuesday, reaching $27.46. The company had a trading volume of 309,140 shares, compared to its average volume of 239,503. The company has a quick ratio of 1.69, a current ratio of 3.64 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average price of $31.78 and a 200 day moving average price of $30.97. The firm has a market capitalization of $926.23 million, a PE ratio of -29.53 and a beta of 1.92. Ichor has a fifty-two week low of $25.95 and a fifty-two week high of $46.43.
Ichor (NASDAQ:ICHR - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $211.14 million during the quarter, compared to analyst estimates of $203.24 million. Ichor had a negative net margin of 3.51% and a negative return on equity of 2.14%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP raised its holdings in Ichor by 99.5% during the second quarter. Quarry LP now owns 868 shares of the technology company's stock worth $33,000 after purchasing an additional 433 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Ichor by 136.2% in the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company's stock valued at $34,000 after buying an additional 625 shares during the period. Signaturefd LLC boosted its stake in Ichor by 214.6% during the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company's stock valued at $40,000 after buying an additional 854 shares in the last quarter. KBC Group NV grew its holdings in Ichor by 83.5% during the fourth quarter. KBC Group NV now owns 2,086 shares of the technology company's stock worth $67,000 after acquiring an additional 949 shares during the period. Finally, CWM LLC raised its position in Ichor by 134.9% in the third quarter. CWM LLC now owns 3,617 shares of the technology company's stock worth $115,000 after acquiring an additional 2,077 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors.
About Ichor
(
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Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.
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