Ichor Holdings, Ltd. (NASDAQ:ICHR – Free Report) – Equities research analysts at DA Davidson issued their FY2024 earnings per share (EPS) estimates for shares of Ichor in a report issued on Monday, January 27th. DA Davidson analyst T. Diffely forecasts that the technology company will earn ($0.27) per share for the year. The consensus estimate for Ichor’s current full-year earnings is ($0.29) per share. DA Davidson also issued estimates for Ichor’s Q4 2024 earnings at ($0.04) EPS.
Ichor (NASDAQ:ICHR – Get Free Report) last released its quarterly earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $211.14 million during the quarter, compared to analyst estimates of $203.24 million. Ichor had a negative net margin of 3.51% and a negative return on equity of 2.14%. The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned ($0.09) EPS.
Get Our Latest Analysis on ICHR
Ichor Trading Up 1.8 %
NASDAQ:ICHR opened at $27.69 on Wednesday. The stock has a market cap of $933.98 million, a price-to-earnings ratio of -29.77 and a beta of 1.92. Ichor has a one year low of $25.95 and a one year high of $46.43. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.69 and a current ratio of 3.64. The business’s 50-day simple moving average is $31.78 and its 200 day simple moving average is $30.97.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of ICHR. JPMorgan Chase & Co. lifted its holdings in Ichor by 157.9% in the third quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company’s stock worth $10,823,000 after acquiring an additional 208,328 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Ichor in the 2nd quarter worth approximately $6,382,000. Royce & Associates LP boosted its position in Ichor by 20.8% during the 3rd quarter. Royce & Associates LP now owns 718,967 shares of the technology company’s stock valued at $22,870,000 after purchasing an additional 123,585 shares during the period. Segall Bryant & Hamill LLC grew its stake in Ichor by 26.8% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 568,117 shares of the technology company’s stock worth $18,072,000 after buying an additional 120,133 shares during the last quarter. Finally, Foundry Partners LLC acquired a new stake in Ichor in the third quarter worth $3,107,000. 94.81% of the stock is owned by institutional investors and hedge funds.
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.
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