Ichor Holdings Ltd (NASDAQ: ICHR) is -4.28% lower on its value in year-to-date trading and has touched a low of $26.40 and a high of $46.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ICHR stock was last observed hovering at around $31.95 in the last trading session, with the day’s loss setting it -1.11%.
Currently trading at $30.84, the stock is -2.27% and -4.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -3.47% at the moment leaves the stock -8.30% off its SMA200. ICHR registered -5.40% loss for a year compared to 6-month loss of -16.54%. The firm has a 50-day simple moving average (SMA 50) of $32.2538 and a 200-day simple moving average (SMA200) of $33.633.
The stock witnessed a -5.22% gain in the last 1 month and extending the period to 3 months gives it a 11.22%, and is -3.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.55% over the week and 4.67% over the month.
Ichor Holdings Ltd (ICHR) has around 2245 employees, a market worth around $1.04B and $819.23M in sales. Fwd P/E is 23.99. Profit margin for the company is -3.51%. Distance from 52-week low is 16.82% and -33.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.40%).
with sales reaching $232.81M over the same period.The EPS is expected to shrink by -46.60% this year, but quarterly earnings will post 4.61% year-over-year. Quarterly sales are estimated to grow 14.42% in year-over-year returns.
Ichor Holdings Ltd (ICHR) Top Institutional Holders
286.0 institutions hold shares in Ichor Holdings Ltd (ICHR), with institutional investors hold 96.94% of the company’s shares. The shares outstanding are 33.72M, and float is at 32.85M with Short Float at 1.89%. Institutions hold 95.32% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.39 million shares valued at $207.61 million. The investor’s holdings represent 17.9448% of the ICHR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.12 million shares valued at $120.41 million to account for 10.408 of the shares outstanding. The other top investors are FMR LLC which holds 1.92 million shares representing 6.3846% and valued at over $73.87 million, while INVESCO LTD. holds 5.5855 of the shares totaling 1.68 million with a market value of $64.62 million.
Ichor Holdings Ltd (ICHR) Insider Activity
The most recent transaction is an insider sale by BARROS PHILIP RYAN SR., the company’s Chief Technology Officer. SEC filings show that BARROS PHILIP RYAN SR. sold 15,539 shares of the company’s common stock on Dec 02 ’24 at a price of $35.22 per share for a total of $0.55 million. Following the sale, the insider now owns 46601.0 shares.
Still, SEC filings show that on Nov 25 ’24, Andreson Jeff (Chief Executive Officer) disposed off 42,800 shares at an average price of $34.58 for $1.48 million. The insider now directly holds 267,437 shares of Ichor Holdings Ltd (ICHR).
