DA Davidson Estimates Ichor’s FY2025 Earnings (NASDAQ:ICHR)

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

ICHR has been the subject of several other reports. B. Riley reissued a “buy” rating and issued a $38.00 target price (up from $36.00) on shares of Ichor in a research report on Tuesday, November 5th. TD Cowen lowered their target price on shares of Ichor from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday, January 17th. Finally, Needham & Company LLC lowered Ichor from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ichor has a consensus rating of “Moderate Buy” and a consensus target price of $42.29.

Ichor Trading Down 8.5 %

Shares of NASDAQ ICHR opened at $26.81 on Tuesday. The stock has a market cap of $904.30 million, a price-to-earnings ratio of -28.83 and a beta of 1.92. The business has a 50 day simple moving average of $32.00 and a 200 day simple moving average of $31.19. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.69 and a current ratio of 3.64. Ichor has a 52 week low of $25.95 and a 52 week high of $46.43.

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 business had revenue of $211.14 million for the quarter, compared to the consensus estimate of $203.24 million. Ichor had a negative net margin of 3.51% and a negative return on equity of 2.14%. Ichor’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.09) earnings per share.

Institutional Trading of Ichor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ICHR. Quarry LP boosted its position in shares of Ichor by 99.5% in the second quarter. Quarry LP now owns 868 shares of the technology company’s stock valued at $33,000 after acquiring an additional 433 shares during the period. 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 grew its position 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 purchasing an additional 854 shares during the last quarter. KBC Group NV increased its holdings in shares of Ichor by 83.5% during 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 period. 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 and hedge funds 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.