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Forecasting The Future: 7 Analyst Projections For Ichor Hldgs

Author: Benzinga Insights | May 08, 2024 12:00pm

Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Ichor Hldgs (NASDAQ:ICHR) in the last three months.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 0 2 0 0
Last 30D 1 0 1 0 0
1M Ago 3 0 0 0 0
2M Ago 1 0 1 0 0
3M Ago 0 0 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $46.0, a high estimate of $55.00, and a low estimate of $40.00. This upward trend is evident, with the current average reflecting a 7.6% increase from the previous average price target of $42.75.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

A clear picture of Ichor Hldgs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines 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 Lowers Buy $50.00 $55.00
Charles Shi Needham Maintains Hold $42.00 -
Craig Ellis B. Riley Securities Raises Buy $48.00 $40.00
Brian Chin Stifel Raises Buy $45.00 $40.00
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

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ichor Hldgs. This information offers 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 compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Ichor Hldgs's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Ichor Hldgs's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Ichor Hldgs analyst ratings.

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

Delving into Ichor Hldgs's Background

Ichor Holdings Ltd 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: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: Ichor Hldgs's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -32.56%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Ichor Hldgs's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -5.85%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Ichor Hldgs's 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): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -1.23%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: With a high debt-to-equity ratio of 0.51, Ichor Hldgs faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: Simplified

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.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

Posted In: ICHR

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