Key Points
- Ichor CFO Greg Swyt sold 19,662 shares on May 28 at an average price of $70.42, totaling about $1.38 million. After the sale, he still owned 60,971 shares, and the transaction was made under a pre-arranged Rule 10b5-1 plan.
- ICHR shares rose 2.0% and opened at $71.52, near the stock’s 52-week high of $78.00. The company has a market cap of $2.49 billion and has been trading well above its 50-day and 200-day moving averages.
- Ichor’s latest earnings beat expectations, reporting $0.15 EPS versus $0.13 expected and revenue of $256.07 million, up 4.7% year over year. Analysts remain broadly positive, with a consensus rating of Moderate Buy and an average price target of $64.57.
Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) CFO Greg Swyt sold 19,662 shares of the business's stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the sale, the chief financial officer owned 60,971 shares in the company, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ichor Stock Up 2.0%
Shares of ICHR stock opened at $71.52 on Friday. The stock has a market cap of $2.49 billion, a P/E ratio of -48.32 and a beta of 1.87. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $78.00. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The company's fifty day simple moving average is $62.00 and its two-hundred day simple moving average is $40.44.
Ichor (NASDAQ:ICHR - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.02. The company had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. Ichor's revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts predict that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on ICHR shares. Oppenheimer upped their price target on shares of Ichor from $36.00 to $60.00 and gave the company a "market perform" rating in a research note on Tuesday, May 5th. TD Cowen increased their target price on shares of Ichor from $55.00 to $80.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. DA Davidson increased their target price on shares of Ichor from $30.00 to $53.00 and gave the company a "buy" rating in a research note on Wednesday, February 11th. Wall Street Zen raised shares of Ichor from a "strong sell" rating to a "hold" rating in a research note on Sunday, February 15th. Finally, B. Riley Financial reissued a "buy" rating on shares of Ichor in a research note on Monday, April 20th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $64.57.
Check Out Our Latest Stock Analysis on Ichor
Hedge Funds Weigh In On Ichor
A number of hedge funds have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC bought a new position in Ichor in the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new position in Ichor in the 2nd quarter worth about $27,000. Hantz Financial Services Inc. grew its stake in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company's stock worth $28,000 after acquiring an additional 590 shares in the last quarter. Danske Bank A S bought a new position in Ichor during the 3rd quarter worth about $28,000. Finally, AdvisorNet Financial Inc purchased a new position in Ichor during the 1st quarter valued at about $37,000. 94.81% of the stock is currently owned by institutional investors.
Ichor Company Profile
(
Get Free Report)
Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.
Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.
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