The price of Ichor Holdings Ltd (NASDAQ: ICHR) closed at $36.92 in the last session, up 0.05% from day before closing price of $36.90. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 996296 shares were traded.
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Ratios:
We take a closer look at ICHR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 4.06. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.48.
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 February 07, 2024, Reiterated its Outperform rating but revised its target price to $42 from $31 previously.
On August 25, 2023, Needham reiterated its Buy rating and also upped its target price recommendation from $42 to $40.
TD Cowen reiterated its Outperform rating for the stock on May 10, 2023, while the target price for the stock was revised from $40 to $33.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1.09B and an Enterprise Value of 1.30B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 1.60 whereas that against EBITDA is 56.84.
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 39.15, while the 200-Day Moving Average is calculated to be 33.49.
Shares Statistics:
According to the various share statistics, ICHR traded on average about 289.39K shares per day over the past 3-months and 462.22k shares per day over the past 10 days. A total of 29.44M shares are outstanding, with a floating share count of 28.84M. Insiders hold about 2.69% of the company’s shares, while institutions hold 95.44% stake in the company. Shares short for ICHR as of Feb 29, 2024 were 1.22M with a Short Ratio of 4.22, compared to 1.1M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.13% and a Short% of Float of 5.74%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.01 and a low estimate of $0, while EPS last year was $0.38. The consensus estimate for the next quarter is $0.08, with high estimates of $0.13 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.75 and $0.53 for the fiscal current year, implying an average EPS of $0.67. EPS for the following year is $2.22, with 4 analysts recommending between $3.24 and $1.55.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $199.87M. It ranges from a high estimate of $200M to a low estimate of $199.5M. As of the current estimate, Ichor Holdings Ltd’s year-ago sales were $225M, an estimated decrease of -11.20% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for ICHR’s current fiscal year. The highest revenue estimate was $850M, while the lowest revenue estimate was $839.6M, resulting in an average revenue estimate of $844.71M. In the same quarter a year ago, actual revenue was $811.12M, up 4.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.05B in the next fiscal year. The high estimate is $1.17B and the low estimate is $963M. The average revenue growth estimate for next year is up 24.70% from the average revenue estimate for this year.
