Ichor Holdings Ltd (NASDAQ:ICHR) Director Iain Mackenzie sold 11,102 shares of Ichor stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $37.17, for a total value of $412,661.34. Following the sale, the director now directly owns 19,344 shares of the company’s stock, valued at approximately $719,016.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NASDAQ:ICHR opened at $35.48 on Friday. Ichor Holdings Ltd has a fifty-two week low of $18.62 and a fifty-two week high of $39.83. The business has a 50-day moving average of $34.86 and a two-hundred day moving average of $28.91. The stock has a market capitalization of $846.93 million, a P/E ratio of 41.37 and a beta of 2.79. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.69 and a quick ratio of 0.91.
Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. Ichor had a return on equity of 10.03% and a net margin of 1.73%. The company had revenue of $189.40 million during the quarter, compared to analysts’ expectations of $158.37 million. During the same quarter in the previous year, the firm earned $0.32 earnings per share. The business’s quarterly revenue was up 33.9% compared to the same quarter last year. As a group, research analysts expect that Ichor Holdings Ltd will post 2.26 EPS for the current fiscal year.
A number of research firms recently issued reports on ICHR. ValuEngine raised Ichor from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. TheStreet raised Ichor from a “c” rating to a “b” rating in a research report on Wednesday, February 5th. DA Davidson raised Ichor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $34.00 in a research report on Thursday, October 24th. Deutsche Bank set a $32.00 price objective on Ichor and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Cowen boosted their price target on Ichor from $26.00 to $32.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $37.38.
Ichor Company Profile
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising electroplating and cleaning.
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