What is DA Davidson’s Forecast for Ichor Q1 Earnings?

Ichor Holdings, Ltd. (NASDAQ:ICHR) – Research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Ichor in a note issued to investors on Wednesday, February 5th. DA Davidson analyst T. Diffely anticipates that the technology company will earn $0.13 per share for the quarter. The consensus estimate for Ichor’s current full-year earnings is $0.86 per share.

A number of other brokerages also recently issued reports on ICHR. B. Riley reissued a “buy” rating and set a $38.00 price objective (up from $36.00) on shares of Ichor in a research report on Tuesday, November 5th. Needham & Company LLC reiterated a “hold” rating on shares of Ichor in a research report on Wednesday, February 5th. Finally, TD Cowen lowered their price objective on shares of Ichor from $40.00 to $38.00 and set a “buy” rating for the company in a report on Friday, January 17th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $42.29.

Ichor Price Performance

ICHR opened at $34.06 on Monday. The stock’s 50 day moving average price is $31.33 and its 200-day moving average price is $30.52. Ichor has a 52-week low of $25.95 and a 52-week high of $46.43. The stock has a market capitalization of $1.15 billion, a PE ratio of -52.40 and a beta of 1.91. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.69 and a current ratio of 3.34.

Ichor (NASDAQ:ICHR) last posted its earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.14). Ichor had a negative return on equity of 1.38% and a negative net margin of 2.45%.

Hedge Funds Weigh In On Ichor

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Ichor by 136.2% in the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company’s stock worth $34,000 after buying an additional 625 shares during the last quarter. Signaturefd LLC raised its holdings in Ichor by 214.6% in the 3rd 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. Quarry LP lifted its position in Ichor by 80.4% in the 3rd quarter. Quarry LP now owns 1,566 shares of the technology company’s stock valued at $50,000 after acquiring an additional 698 shares in the last quarter. KBC Group NV boosted its stake in Ichor by 83.5% during the 4th quarter. KBC Group NV now owns 2,086 shares of the technology company’s stock valued at $67,000 after purchasing an additional 949 shares during the last quarter. Finally, Globeflex Capital L P bought a new stake in shares of Ichor in the 4th quarter worth $93,000. Institutional investors own 94.81% of the company’s stock.

Insider Buying and Selling at Ichor

In other news, Director Jorge Titinger sold 3,000 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of $32.04, for a total value of $96,120.00. Following the sale, the director now directly owns 9,832 shares of the company’s stock, valued at approximately $315,017.28. This represents a 23.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.20% 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.