Media stories about Ichor Holdings (NASDAQ:ICHR) have trended somewhat positive on Friday, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ichor Holdings earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.767435722001 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- New Strong Buy Stocks for August 24th (zacks.com)
- Insider Selling: Ichor Holdings, Ltd. (ICHR) Director Sells 799,564 Shares of Stock (americanbankingnews.com)
- Ichor Holdings, Ltd. (ICHR) Insider Sells $153,365.00 in Stock (americanbankingnews.com)
- Ichor Holdings, Ltd. (ICHR) CFO Sells $317,201.00 in Stock (americanbankingnews.com)
- Ichor Holdings Ltd (ICHR) Expected to Post Quarterly Sales of $165.03 Million (americanbankingnews.com)
Ichor Holdings (NASDAQ:ICHR) traded down 0.05% during midday trading on Friday, hitting $19.90. The stock had a trading volume of 223,293 shares. The stock has a 50-day moving average of $20.80 and a 200-day moving average of $20.19. The firm has a market cap of $499.79 million and a P/E ratio of 11.44. Ichor Holdings has a 52 week low of $9.76 and a 52 week high of $29.73.
Ichor Holdings (NASDAQ:ICHR) last issued its earnings results on Thursday, August 10th. The technology company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $159.70 million during the quarter, compared to analyst estimates of $159.36 million. Ichor Holdings’s revenue for the quarter was up 67.4% compared to the same quarter last year. Analysts forecast that Ichor Holdings will post $2.41 EPS for the current fiscal year.
ICHR has been the subject of a number of recent research reports. Cowen and Company raised their price target on Ichor Holdings from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 9th. Stifel Nicolaus raised their price target on Ichor Holdings from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Monday, July 10th. Needham & Company LLC reaffirmed a “positive” rating and set a $30.00 price target (up from $25.00) on shares of Ichor Holdings in a research note on Monday, July 31st. Zacks Investment Research downgraded Ichor Holdings from a “strong-buy” rating to a “sell” rating in a research note on Friday, July 7th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $26.00 price target (up from $24.00) on shares of Ichor Holdings in a research note on Wednesday, August 9th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $27.17.
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In other Ichor Holdings news, insider Philip Ryan Sr. Barros sold 35,650 shares of Ichor Holdings stock in a transaction dated Wednesday, June 7th. The stock was sold at an average price of $25.84, for a total transaction of $921,196.00. Following the completion of the transaction, the insider now owns 32,090 shares in the company, valued at approximately $829,205.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $25.83, for a total value of $446,859.00. Following the transaction, the chief financial officer now owns 91,709 shares of the company’s stock, valued at approximately $2,368,843.47. The disclosure for this sale can be found here. Insiders sold a total of 6,518,447 shares of company stock valued at $121,198,558 over the last ninety days. 5.80% of the stock is currently owned by corporate insiders.
About Ichor Holdings
Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices.
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