Ichor (NASDAQ:ICHR – Get Free Report) released its quarterly earnings data on Tuesday. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.14), Zacks reports. Ichor had a negative net margin of 3.51% and a negative return on equity of 2.14%.
Ichor Stock Performance
ICHR traded up $1.19 during trading on Tuesday, hitting $28.21. The stock had a trading volume of 315,730 shares, compared to its average volume of 254,392. The firm has a market cap of $951.52 million, a PE ratio of -30.33 and a beta of 1.91. The company has a current ratio of 3.64, a quick ratio of 1.69 and a debt-to-equity ratio of 0.18. Ichor has a 12 month low of $25.95 and a 12 month high of $46.43. The company has a 50 day simple moving average of $31.56 and a 200-day simple moving average of $30.72.
Analysts Set New Price Targets
Several brokerages recently commented on ICHR. B. Riley reissued a “buy” rating and issued a $38.00 price target (up previously from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Needham & Company LLC lowered shares of Ichor from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Finally, TD Cowen cut their price target 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. Three 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $42.29.
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.
Further Reading
- Five stocks we like better than Ichor
- Where Do I Find 52-Week Highs and Lows?
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- The Significance of Brokerage Rankings in Stock Selection
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Compound Interest and Why It Matters When Investing
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Ichor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ichor and related companies with MarketBeat.com's FREE daily email newsletter.
