Ichor (ICHR) Projected to Post Earnings on Tuesday

Ichor (NASDAQ:ICHR - Get Free Report) will likely be releasing its earnings data after the market closes on Tuesday, February 4th. Analysts expect Ichor to post earnings of $0.09 per share and revenue of $232.65 million for the quarter. Ichor has set its Q4 guidance at $0.21-0.33 EPS and its Q4 2024 guidance at 0.210-0.330 EPS.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share 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 the consensus estimate of $203.24 million. Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%. The business's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned ($0.09) EPS. On average, analysts expect Ichor to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ichor Stock Performance

NASDAQ:ICHR traded down $0.31 during mid-day trading on Friday, reaching $27.38. 148,671 shares of the stock were exchanged, compared to its average volume of 238,848. The stock has a market capitalization of $923.63 million, a P/E ratio of -29.44 and a beta of 1.92. Ichor has a 1 year low of $25.95 and a 1 year high of $46.43. The company has a 50 day simple moving average of $31.78 and a 200-day simple moving average of $30.97. The company has a quick ratio of 1.69, a current ratio of 3.64 and a debt-to-equity ratio of 0.18.

Analyst Ratings Changes

ICHR has been the topic of a number of recent research reports. B. Riley reaffirmed a "buy" rating and issued a $38.00 target price (up from $36.00) on shares of Ichor in a report on Tuesday, November 5th. Needham & Company LLC lowered shares of Ichor from a "buy" rating to a "hold" rating in a research note on Monday, January 13th. Finally, TD Cowen decreased their target price on shares of Ichor from $40.00 to $38.00 and set a "buy" rating for the company in a research note on Friday, January 17th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ichor currently has an average rating of "Moderate Buy" and an average target price of $42.29.

Ichor Company Profile

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.