DA Davidson Has Pessimistic View of Ichor FY2025 Earnings

Ichor Holdings, Ltd. (NASDAQ:ICHR) – DA Davidson dropped their FY2025 earnings per share (EPS) estimates for Ichor in a research report issued to clients and investors on Monday, January 27th. DA Davidson analyst T. Diffely now expects that the technology company will post earnings per share of $1.03 for the year, down from their previous estimate of $1.08. The consensus estimate for Ichor’s current full-year earnings is ($0.29) per share.

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

ICHR has been the subject of several other research reports. B. Riley reaffirmed a “buy” rating and issued a $38.00 price objective (up previously from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Needham & Company LLC cut Ichor from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Finally, TD Cowen lowered their price objective on Ichor from $40.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, January 17th. Three investment 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $42.29.

Ichor Price Performance

NASDAQ ICHR opened at $26.92 on Tuesday. 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 stock has a market capitalization of $908.01 million, a PE ratio of -28.95 and a beta of 1.92. Ichor has a 12-month low of $25.95 and a 12-month high of $46.43. The company has a 50 day moving average price of $31.86 and a two-hundred day moving average price of $31.00.

Institutional Trading of Ichor

Several hedge funds have recently added to or reduced their stakes in ICHR. Quarry LP grew its stake in shares of Ichor by 99.5% in the second quarter. Quarry LP now owns 868 shares of the technology company’s stock worth $33,000 after acquiring an additional 433 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Ichor by 136.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company’s stock valued at $34,000 after purchasing an additional 625 shares during the period. Signaturefd LLC boosted its holdings in Ichor by 214.6% in the 3rd quarter. Signaturefd LLC now owns 1,252 shares of the technology company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. KBC Group NV grew its position in Ichor by 83.5% in the 4th quarter. KBC Group NV now owns 2,086 shares of the technology company’s stock worth $67,000 after purchasing an additional 949 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of Ichor by 134.9% during the 3rd quarter. CWM LLC now owns 3,617 shares of the technology company’s stock worth $115,000 after purchasing an additional 2,077 shares during the period. Institutional investors own 94.81% of the company’s stock.

About Ichor

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.