DA Davidson Has Positive Outlook of Ichor FY2025 Earnings

Ichor Holdings, Ltd. (NASDAQ:ICHR) – Equities research analysts at DA Davidson upped their FY2025 earnings per share estimates for Ichor in a note issued to investors on Wednesday, February 5th. DA Davidson analyst T. Diffely now forecasts that the technology company will earn $1.08 per share for the year, up from their previous estimate of $1.03. The consensus estimate for Ichor’s current full-year earnings is ($0.28) per share.

A number of other research firms have also recently commented on ICHR. Needham & Company LLC reiterated a “hold” rating on shares of Ichor in a report on Wednesday. B. Riley reiterated a “buy” rating and set a $38.00 target price (up from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Finally, TD Cowen dropped their price target on Ichor from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.29.

Ichor Stock Down 0.3 %

Ichor stock opened at $32.40 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.64 and a quick ratio of 1.69. The company’s 50-day moving average is $31.34 and its 200-day moving average is $30.63. The firm has a market capitalization of $1.09 billion, a PE ratio of -34.84 and a beta of 1.91. Ichor has a fifty-two week low of $25.95 and a fifty-two week high of $46.43.

Ichor (NASDAQ:ICHR) last released its earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.14). Ichor had a negative net margin of 3.51% and a negative return on equity of 2.14%.

Institutional Investors Weigh In On Ichor

A number of hedge funds and other institutional investors have recently made changes to their positions in ICHR. GAMMA Investing LLC increased its stake in Ichor by 136.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company’s stock worth $34,000 after acquiring an additional 625 shares during the period. Signaturefd LLC grew its holdings in shares of Ichor by 214.6% during the 3rd quarter. Signaturefd LLC now owns 1,252 shares of the technology company’s stock worth $40,000 after purchasing an additional 854 shares in the last quarter. Quarry LP increased its position in shares of Ichor by 80.4% in the third quarter. Quarry LP now owns 1,566 shares of the technology company’s stock worth $50,000 after purchasing an additional 698 shares during the period. KBC Group NV raised its stake in Ichor by 83.5% in the fourth 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 in the last quarter. Finally, CWM LLC lifted its position in Ichor by 134.9% during the third 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. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ichor

In other Ichor news, Director Jorge Titinger sold 3,000 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $32.04, for a total value of $96,120.00. Following the completion of the sale, the director now owns 9,832 shares of the company’s stock, valued at $315,017.28. The trade was a 23.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.20% 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.