B. Riley Issues Optimistic Estimate for Ichor Earnings

Ichor Holdings, Ltd. (NASDAQ:ICHR) – Investment analysts at B. Riley boosted their Q1 2025 earnings per share (EPS) estimates for Ichor in a note issued to investors on Monday, January 13th. B. Riley analyst C. Ellis now expects that the technology company will post earnings of $0.15 per share for the quarter, up from their previous estimate of $0.14. B. Riley has a “Buy” rating and a $38.00 price objective on the stock. The consensus estimate for Ichor’s current full-year earnings is ($0.10) per share.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Ichor had a negative net margin of 3.51% and a negative return on equity of 2.14%. The company had revenue of $211.14 million for the quarter, compared to analysts’ expectations of $203.24 million. During the same quarter in the previous year, the business posted ($0.09) EPS. Ichor’s revenue was up 7.3% compared to the same quarter last year.

A number of other equities analysts have also weighed in on ICHR. Needham & Company LLC lowered shares of Ichor from a “buy” rating to a “hold” rating in a report on Monday. Oppenheimer assumed coverage on Ichor in a research note on Wednesday, September 25th. They issued a “market perform” rating and a $35.00 price target for the company. DA Davidson began coverage on Ichor in a research report on Thursday, September 26th. They set a “buy” rating and a $50.00 price objective on the stock. Finally, TD Cowen lifted their price objective on Ichor from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $42.57.

Ichor Trading Up 1.4 %

Shares of NASDAQ ICHR opened at $31.00 on Wednesday. The firm’s 50 day moving average price is $32.32 and its 200-day moving average price is $31.76. Ichor has a 52-week low of $26.40 and a 52-week high of $46.43. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.69 and a current ratio of 3.64. The company has a market cap of $1.05 billion, a PE ratio of -33.33 and a beta of 1.92.

Institutional Trading of Ichor

A number of hedge funds have recently bought and sold shares of ICHR. Quarry LP boosted its position in Ichor by 99.5% in the second quarter. Quarry LP now owns 868 shares of the technology company’s stock worth $33,000 after purchasing an additional 433 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Ichor by 136.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company’s stock worth $34,000 after purchasing an additional 625 shares during the period. Signaturefd LLC boosted its holdings in shares of Ichor by 214.6% in the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company’s stock worth $40,000 after buying an additional 854 shares during the last quarter. CWM LLC increased its holdings in Ichor by 134.9% during the third quarter. CWM LLC now owns 3,617 shares of the technology company’s stock valued at $115,000 after buying an additional 2,077 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Ichor by 28.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,818 shares of the technology company’s stock worth $153,000 after acquiring an additional 1,068 shares during the period. Hedge funds and other institutional investors own 94.81% of the company’s stock.

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.