Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $20.88, but opened at $21.38. Ichor shares last traded at $20.86, with a volume of 17,557 shares trading hands.
Analyst Ratings Changes
A number of brokerages recently commented on ICHR. Needham & Company LLC reiterated a "hold" rating on shares of Ichor in a research note on Wednesday, February 5th. Oppenheimer dropped their price objective on Ichor from $35.00 to $25.00 and set a "market perform" rating for the company in a report on Friday, April 11th. TD Cowen reduced their target price on Ichor from $40.00 to $38.00 and set a "buy" rating on the stock in a report on Friday, January 17th. Finally, StockNews.com cut shares of Ichor from a "hold" rating to a "sell" rating in a research report on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Ichor currently has an average rating of "Moderate Buy" and a consensus target price of $40.17.
Read Our Latest Research Report on Ichor
Ichor Stock Down 5.5 %
The firm has a market cap of $679.87 million, a P/E ratio of -30.66 and a beta of 1.88. The stock's fifty day moving average is $23.83 and its two-hundred day moving average is $28.53. The company has a current ratio of 3.34, a quick ratio of 1.49 and a debt-to-equity ratio of 0.17.
Ichor (NASDAQ:ICHR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.14). Ichor had a negative net margin of 2.45% and a negative return on equity of 1.38%. As a group, research analysts anticipate that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.
Insider Buying and Selling
In other Ichor news, Director Jorge Titinger sold 3,000 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $32.04, for a total transaction of $96,120.00. Following the completion of the transaction, the director now owns 9,832 shares in the company, valued at $315,017.28. This trade represents a 23.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.90% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Ichor
Several large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Ichor by 6.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,724,058 shares of the technology company's stock valued at $55,547,000 after purchasing an additional 111,337 shares during the period. Royce & Associates LP grew its stake in Ichor by 20.2% in the 4th quarter. Royce & Associates LP now owns 864,245 shares of the technology company's stock worth $27,846,000 after acquiring an additional 145,278 shares during the period. Nuveen Asset Management LLC raised its holdings in Ichor by 18.7% in the fourth quarter. Nuveen Asset Management LLC now owns 777,289 shares of the technology company's stock valued at $25,044,000 after acquiring an additional 122,280 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ichor by 73.6% during the fourth quarter. JPMorgan Chase & Co. now owns 590,630 shares of the technology company's stock valued at $19,030,000 after purchasing an additional 250,383 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Ichor by 6.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 502,293 shares of the technology company's stock valued at $16,184,000 after buying an additional 29,536 shares in the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.
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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