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After finishing at $38.96 in the prior trading day, Ichor Holdings Ltd (NASDAQ: ICHR) closed at $37.86, down -2.82%. In other words, the price has decreased by -$2.82 from its previous closing price. On the day, 0.76 million shares were traded. ICHR stock price reached its highest trading level at $38.17 during the session, while it also had its lowest trading level at $34.565.
Ratios:
Our goal is to gain a better understanding of ICHR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 4.16. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on May-09-24, Reiterated its Buy rating but revised its target price to $48 from $42 previously.
On April 19, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $40 to $48.
On April 09, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $55.Craig Hallum initiated its Buy rating on April 09, 2024, with a $55 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 16 ’24 when ROHRS THOMAS M sold 50,000 shares for $45.37 per share. The transaction valued at 2,268,500 led to the insider holds 43,764 shares of the business.
Smith Christopher sold 23,433 shares of ICHR for $1,056,360 on Feb 16 ’24. The Chief Commercial Officer now owns 70,329 shares after completing the transaction at $45.08 per share. On Feb 16 ’24, another insider, BARROS PHILIP RYAN SR., who serves as the Chief Technology Officer of the company, sold 7,226 shares for $45.39 each. As a result, the insider received 327,988 and left with 50,490 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICHR now has a Market Capitalization of 1248123008 and an Enterprise Value of 1371972224. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 1.744 whereas that against EBITDA is 96.523.
Stock Price History:
Over the past 52 weeks, ICHR has reached a high of $46.43, while it has fallen to a 52-week low of $22.26. The 50-Day Moving Average of the stock is -3.40%, while the 200-Day Moving Average is calculated to be 11.42%.
Shares Statistics:
The stock has traded on average 325.90K shares per day over the past 3-months and 266360 shares per day over the last 10 days, according to various share statistics. A total of 32.97M shares are outstanding, with a floating share count of 32.60M. Insiders hold about 1.12% of the company’s shares, while institutions hold 85.75% stake in the company. Shares short for ICHR as of 1713139200 were 811157 with a Short Ratio of 2.49, compared to 1710460800 on 1195141. Therefore, it implies a Short% of Shares Outstanding of 811157 and a Short% of Float of 2.92.
