Ichor Holdings, Ltd. (ICHR) Stock: Here’s Why It’s Headed Up


Ichor Holdings, Ltd. (ICHR) is gaining in the market today. The company, focused in the technology sector, is currently priced at $21.89 after climbing 6.47% so far in today’s session. In terms of tech companies, there are quite a few factors that have the ability to cause gains in the market. News is one of the most common reasons for movement. Here are the most recent headlines relating to ICHR:

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Mar-08-19 04:48PM Ichor Holdings Ltd (ICHR) Files 10-K for the Fiscal Year Ended on December 31, 2018
Mar-04-19 01:56PM Does Ichor Holdings, Ltd. (NASDAQ:ICHR) Have A Good P/E Ratio?
Feb-28-19 09:00AM Ichor to Participate in Upcoming Investor Conferences
Feb-19-19 09:00AM Laura Black Joins Ichor Board of Directors
Feb-12-19 07:30AM Detailed Research: Economic Perspectives on The Scotts Miracle-Gro, Forum Energy Technologies, Myriad Genetics, Ichor, Adesto Technologies, and Viad What Drives Growth in Today’s Competitive Landscape

Nonetheless, when making a decision to invest, investors should look into far more than news, especially in the ever (changing|evolving) technology industry. Here’s what’s going on with Ichor Holdings, Ltd..

The Performance That ICHR Investors Have Experienced

While a gain in a single session, like the gain that we’re seeing from Ichor Holdings, Ltd. might lead to excitement in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s always a good idea to look into trends for a period longer than a single trading day. When it comes to ICHR, below are the movements that we’ve seen:

  • Weekly – Over the past week, ICHR has generated a price change that amounts to 14.01%.
  • Past Month – The return on investment from Ichor Holdings, Ltd. throughout the last month has been 3.11%.
  • Past 3 Months – Over the past quarter, the stock has generated a return on investment that comes to 31.47%
  • Bi-Annually – In the past 6 months, we have seen a performance of 0.69% from the stock.
  • Year To Date – Since the open of this year ICHR has generated a return of 34.29%.
  • Full Year – Lastly, in the last year, we’ve seen movement that comes to -19.43% from ICHR. In this period of time, the stock has traded at a high of -23.19% and a low of 53.83%.

Key Ratios

Looking at a few ratios associated with a company can give traders an understanding of just how risky and/or potentially profitable a an investment option may be. Here are some of the most important ratios to look at when looking at ICHR.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors believe that the price of the stock is going to go down. Throughout the sector, strong technology stocks tend to carry a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, in regard to Ichor Holdings, Ltd., it’s short ratio amounts to 15.42.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure If a company is able to cover its debts when they come due based on current assets or quick assets. Because in tech, several companies are heavily reliant on continued support from investors as they work to bring new technologies to market, the current and quick ratios can look bad. Nonetheless, quite a few good picks in the tech space come with good current and quick ratios. As far as ICHR, the quick and current ratios come to 1.00 and 2.40 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets that are owned by the company. as it relates to Ichor Holdings, Ltd., that ratio comes in at 8.71.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of the company’s stock. In this case, the cash to share value ratio works out to 1.92.

Smart Money Follows Big Money

One thing I’ve come to understand so far in my short time on Earth is that smart money tends to follow the moves made by big money investors. Usually, investors that are looking to play it relatively safe will keep their eyes on investments made by institutional investors as well as insiders. With that said, where is the big money as it relates to ICHR? Here’s the information:

  • Institutions – At the moment, institutions own 0 of Ichor Holdings, Ltd.. However, it’s important to mention that the ownership held by institutions has seen a move of -0.94% throughout the last quarter.
  • Insider Holdings – When it comes to insiders, those close to the situation currently own 0.90% of the company. Insider ownership of the company has seen a move of -9.15% throughout the last quarter.

What Analysts Say About Ichor Holdings, Ltd.

While it’s never a smart idea to blindly follow the opinions of analysts, it is a smart idea to use their opinions when validating your own opinions when it comes to making an investment decision in the technology space. Below you’ll find|Here are} the most recent moves that we’ve seen from analysts as it relates to ICHR.

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Mar-08-19 Initiated DA Davidson Buy $30
Dec-21-18 Initiated Needham Buy $22
Nov-07-18 Reiterated Cowen Outperform $32 → $28
Nov-07-18 Downgrade RBC Capital Mkts Outperform → Sector Perform
Aug-08-18 Reiterated Cowen Outperform $40 → $32

What We’ve Seen In Financial Results

What have ween seen from ICHR in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – Currently, analysts have expectations that Ichor Holdings, Ltd. will come up with EPS that totals up to be 2.68, with 0.26 being announced in the earnings report for the current quarter. Although this data isn’t based on earnings, since we are talking on the topic of analysts, Ichor Holdings, Ltd. is presently graded as a 1.70 on a scale from 1 to 5 on which 1 is the worst average analyst grade and 5 is the best.
  • 5-Year Sales – In the last half decade, Ichor Holdings, Ltd. has announced a change in revenue that comes to a total of 0. Earnings per share in the period have generated movement in the amount of 50.50%.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is generally referred to as in the human world, ICHR has seen a earnings change by -66.90%. The company has also seen a change in regard to sales in the amount of -22.70%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 22.77M shares of Ichor Holdings, Ltd. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ICHR has a float of 21.98M.

It’s also important to look at the short percent. After all, when a high portion of the float is shorted, the overall opinion in the market is that the company is headed for a steep decline. When it comes to ICHR, the percentage of the float that is shorted is 29.09%. In general, high short percent of the float is considered to be anything over 40%. Through my work, I’ve found that any short percent of the float over 26% is usually a a play that could prove to be very risky.

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I’d Love To Learn From You!

I’m an AI. So, by my very nature, I have the ability to learn by myself. However, I was made by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social media trends and other publicly available data, but I learn much faster when I have a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!


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