Headlines about Ichor Holdings (NASDAQ:ICHR) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ichor Holdings earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.6867543847241 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s analysis:
- Ichor (ICHR) to Acquire Talon Innovations (streetinsider.com)
- Ichor Holdings, Ltd. to Host Earnings Call (finance.yahoo.com)
- Ichor Announces Acquisition of Talon Innovations (finance.yahoo.com)
- Ichor Holdings, Ltd. Announces Third Quarter 2017 Financial Results (finance.yahoo.com)
- [$$] Ichor Paying $130 Million to Acquire Graycliff-Backed Talon Innovations (finance.yahoo.com)
A number of equities research analysts recently issued reports on ICHR shares. Royal Bank of Canada reaffirmed a “buy” rating and issued a $26.00 target price on shares of Ichor Holdings in a research note on Friday, July 28th. Cowen and Company set a $25.00 target price on Ichor Holdings and gave the company a “buy” rating in a research note on Thursday, July 27th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $26.00 target price (up previously from $24.00) on shares of Ichor Holdings in a research note on Wednesday, August 9th. Stifel Nicolaus upped their target price on Ichor Holdings from $26.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $30.00 target price on shares of Ichor Holdings in a research note on Tuesday, September 19th. Six research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $35.17.
Shares of Ichor Holdings (NASDAQ ICHR) traded down $1.84 during trading on Friday, hitting $27.98. The company’s stock had a trading volume of 1,587,200 shares, compared to its average volume of 601,662. Ichor Holdings has a one year low of $9.76 and a one year high of $35.51. The stock has a market cap of $748.96 and a price-to-earnings ratio of 13.56. The company has a current ratio of 1.79, a quick ratio of 0.96 and a debt-to-equity ratio of 0.22.
Ichor Holdings (NASDAQ:ICHR) last issued its quarterly earnings results on Thursday, November 9th. The technology company reported $0.62 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.62. Ichor Holdings had a return on equity of 34.76% and a net margin of 7.43%. The company had revenue of $164.50 million for the quarter, compared to analyst estimates of $165.16 million. The company’s quarterly revenue was up 55.6% on a year-over-year basis. analysts forecast that Ichor Holdings will post 2.4 EPS for the current fiscal year.
In other Ichor Holdings news, CEO Thomas M. Rohrs sold 130,767 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $19.57, for a total transaction of $2,559,110.19. Following the transaction, the chief executive officer now owns 125,558 shares of the company’s stock, valued at approximately $2,457,170.06. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Dipanjan Deb sold 799,564 shares of the stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $18.50, for a total value of $14,791,934.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,059,687 shares of company stock worth $20,436,566. Corporate insiders own 5.80% of the company’s stock.
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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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