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

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

Ichor (NASDAQ:ICHR) last issued 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%.

A number of other analysts also recently commented on the stock. TD Cowen decreased their price objective on shares of Ichor from $40.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, January 17th. Needham & Company LLC reissued a “hold” rating on shares of Ichor in a report on Wednesday. Finally, B. Riley reissued a “buy” rating and set a $38.00 price objective (up previously from $36.00) on shares of Ichor in a report on Tuesday, November 5th. Three investment 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. According to MarketBeat.com, Ichor has an average rating of “Moderate Buy” and a consensus price target of $42.29.

Ichor Trading Up 0.7 %

Shares of NASDAQ:ICHR opened at $32.50 on Friday. Ichor has a fifty-two week low of $25.95 and a fifty-two week high of $46.43. The firm’s 50-day simple moving average is $31.33 and its 200-day simple moving average is $30.61. The company has a quick ratio of 1.69, a current ratio of 3.64 and a debt-to-equity ratio of 0.18.

Hedge Funds Weigh In On Ichor

A number of institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its position in shares of Ichor by 1.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 21,531 shares of the technology company’s stock valued at $694,000 after buying an additional 373 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Ichor by 1.1% in the fourth quarter. Victory Capital Management Inc. now owns 44,131 shares of the technology company’s stock valued at $1,422,000 after buying an additional 467 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Ichor by 136.2% in the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company’s stock valued at $34,000 after buying an additional 625 shares during the last quarter. Quarry LP raised 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 valued at $50,000 after buying an additional 698 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of Ichor by 214.6% in the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company’s stock valued at $40,000 after buying an additional 854 shares during the last quarter. Institutional investors and hedge funds 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.