Ichor (NASDAQ:ICHR - Get Free Report) posted its quarterly earnings results on Tuesday. The technology company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.14), Zacks reports. Ichor had a negative net margin of 2.45% and a negative return on equity of 1.38%.
Ichor Trading Down 0.3 %
NASDAQ:ICHR traded down $0.10 during midday trading on Friday, hitting $32.40. The stock had a trading volume of 428,312 shares, compared to its average volume of 294,636. The company has a quick ratio of 1.69, a current ratio of 3.34 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average of $31.33 and a 200 day moving average of $30.60. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -49.85 and a beta of 1.91. Ichor has a one year low of $25.95 and a one year high of $46.43.
Analyst Ratings Changes
Several analysts have commented on the stock. B. Riley reiterated a "buy" rating and issued a $38.00 price target (up previously from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Needham & Company LLC restated a "hold" rating on shares of Ichor in a report on Wednesday. Finally, TD Cowen lowered their price objective on Ichor from $40.00 to $38.00 and set a "buy" rating for the company in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Ichor presently has a consensus rating of "Moderate Buy" and a consensus price target of $42.29.
Read Our Latest Analysis on ICHR
Insiders Place Their Bets
In related news, Director Jorge Titinger sold 3,000 shares of the company's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $32.04, for a total value of $96,120.00. Following the completion of the sale, the director now directly owns 9,832 shares of the company's stock, valued at $315,017.28. This represents a 23.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.20% of the company's stock.
Ichor Company Profile
(
Get Free Report)
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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