Ichor Holdings Ltd [ICHR] stock prices are up 14.41% to $32.28 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ICHR shares have gain 18.66% over the last week, with a monthly amount drifted -1.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ichor Holdings Ltd [NASDAQ: ICHR] stock has seen the most recent analyst activity on January 17, 2025, when TD Cowen reiterated its Buy rating and also revised its price target to $38 from $40. Previously, Needham downgraded its rating to Hold on January 13, 2025. On November 05, 2024, TD Cowen reiterated its Buy rating and revised its price target to $40 on the stock. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $50 on September 26, 2024. Oppenheimer initiated its recommendation with a Perform. TD Cowen reiterated a Buy rating for this stock on August 07, 2024, and downed its price target to $35. In a note dated May 08, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $42 to $48.
The stock price of Ichor Holdings Ltd [ICHR] has been fluctuating between $25.95 and $46.43 over the past year. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Ichor Holdings Ltd [NASDAQ: ICHR] shares were valued at $32.28 at the most recent close of the market. An investor can expect a potential return of 39.41% based on the average ICHR price forecast.
Analyzing the ICHR fundamentals
The Ichor Holdings Ltd [NASDAQ:ICHR] reported sales of 849.04M for trailing twelve months, representing a surge of 14.65%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.69 points at the first support level, and at 29.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.11, and for the 2nd resistance point, it is at 33.95.
Ratios To Look Out For
It’s worth pointing out that Ichor Holdings Ltd [NASDAQ:ICHR]’s Current Ratio is 3.34. On the other hand, the Quick Ratio is 1.49, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.56.
Transactions by insiders
Recent insider trading involved BARROS PHILIP RYAN SR., Chief Technology Officer, that happened on Dec 02 ’24 when 15539.0 shares were sold. Officer, BARROS PHILIP RYAN SR. completed a deal on Dec 02 ’24 to buy 15539.0 shares. Meanwhile, Chief Executive Officer Andreson Jeff sold 42800.0 shares on Nov 25 ’24.
