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What Analysts Are Saying About Ichor Hldgs Stock
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What Analysts Are Saying About Ichor Hldgs Stock
Apr 9, 2024 10:34 AM

Ratings for Ichor Hldgs ( ICHR ) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 0 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 1 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $44.75, a high estimate of $55.00, and a low estimate of $40.00. This current average has increased by 20.95% from the previous average price target of $37.00.

Deciphering Analyst Ratings: An In-Depth Analysis

The analysis of recent analyst actions sheds light on the perception of Ichor Hldgs ( ICHR ) by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christian Schwab Craig-Hallum Announces Buy $55.00 -
Charles Shi Needham Maintains Buy $42.00 -
Craig Ellis B. Riley Securities Raises Neutral $40.00 $36.00
Quinn Bolton Needham Raises Buy $42.00 $38.00

Key Insights:

Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ichor Hldgs ( ICHR ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ichor Hldgs ( ICHR ) compared to the broader market.

Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ichor Hldgs's ( ICHR ) stock. This examination reveals shifts in analysts' expectations over time.

To gain a panoramic view of Ichor Hldgs's ( ICHR ) market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Ichor Hldgs ( ICHR ) analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Ichor Hldgs Better

Ichor Holdings Ltd ( ICHR ) is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product 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. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States, the United Kingdom, Singapore, Malaysia, Korea, and Mexico, of which a majority of the revenue is generated from Singapore.

Unraveling the Financial Story of Ichor Hldgs

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Challenges: Ichor Hldgs's ( ICHR ) revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -32.56%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -5.85%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Ichor Hldgs's ( ICHR ) ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -2.09%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Ichor Hldgs's ( ICHR ) ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.23%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Ichor Hldgs's ( ICHR ) debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.51, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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