Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) saw unusually-high trading volume on Friday . Approximately 104,082 shares traded hands during trading, a decline of 4% from the previous session's volume of 108,345 shares.The stock last traded at $32.20 and had previously closed at $32.29.
Analyst Ratings Changes
Several research analysts have recently commented on the stock. Oppenheimer initiated coverage on shares of Ichor in a report on Wednesday, September 25th. They issued a "market perform" rating and a $35.00 price objective for the company. B. Riley restated a "buy" rating and issued a $38.00 price target (up from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. TD Cowen increased their price objective on Ichor from $35.00 to $40.00 and gave the company a "buy" rating in a report on Tuesday, November 5th. Finally, DA Davidson started coverage on shares of Ichor in a research note on Thursday, September 26th. They issued a "buy" rating and a $50.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $42.57.
View Our Latest Report on ICHR
Ichor Stock Up 1.8 %
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 business's fifty day moving average price is $31.75 and its 200 day moving average price is $32.07. The firm has a market capitalization of $1.11 billion, a PE ratio of -35.34 and a beta of 1.93.
Ichor (NASDAQ:ICHR - Get Free Report) last released its earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%. The business had revenue of $211.14 million for the quarter, compared to analyst estimates of $203.24 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company's revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities research analysts forecast that Ichor Holdings, Ltd. will post -0.1 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Ichor
A number of institutional investors and hedge funds have recently made changes to their positions in ICHR. Quarry LP boosted its position 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. Amalgamated Bank grew its stake in Ichor by 6.1% in the 2nd quarter. Amalgamated Bank now owns 10,025 shares of the technology company's stock valued at $386,000 after acquiring an additional 577 shares during the last quarter. GAMMA Investing LLC increased its holdings in Ichor by 136.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company's stock valued at $34,000 after acquiring an additional 625 shares in the last quarter. Signaturefd LLC raised its position in Ichor by 214.6% during the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company's stock worth $40,000 after acquiring an additional 854 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Ichor by 28.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,818 shares of the technology company's stock valued at $153,000 after purchasing an additional 1,068 shares in the last quarter. 94.81% of the stock is owned by institutional investors and hedge funds.
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.
See Also
Before you consider Ichor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ichor wasn't on the list.
While Ichor currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.