Ichor Holdings, Ltd. – Financial Analysis
Overview:
- Ichor Holdings, Ltd. is a semiconductor equipment and materials company based in Fremont, California.
- The company specializes in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment.
- Ichor primarily offers gas and chemical delivery systems and subsystems used in the manufacturing of semiconductor devices.
- The company also manufactures precision machined components, weldments, electron beam, laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products.
- Ichor primarily markets its products to equipment OEMs in the semiconductor equipment market in Japan.
- As of the latest fiscal year, Ichor had a total of 1,690 full-time employees.
Financial Highlights:
- Ichor Holdings has a market capitalization of $1.25 billion.
- The company had a revenue of $811.12 million in the most recent fiscal year.
- Ichor's trailing twelve-month net income to common was -$42.99 million.
- The company's trailing EPS was -$1.48.
- Ichor has a forward P/E ratio of 17.70, indicating positive earnings expectations in the future.
- The company has a price-to-book ratio of 1.97, suggesting that the stock may be undervalued compared to its book value.
- Ichor's beta is 2.04, indicating that the stock is more volatile compared to the overall market.
Stock Performance:
- Ichor Holdings' stock price has a fifty-two week range of $22.26 to $46.43.
- The stock has experienced a 26.87% increase in value over the past year.
- The average daily trading volume for Ichor is 318,052 shares.
Analyst Opinions:
- According to Bloomberg, there are a total of 4 analyst opinions on Ichor Holdings.
- The mean target price for the stock is $41.00, with a high target price of $42.00 and a low target price of $40.00.
- The consensus recommendation from analysts is a "Buy" rating.
Conclusion:
Based on the financial analysis, Ichor Holdings, Ltd. is a semiconductor equipment and materials company with a strong market presence. The company has a positive earnings outlook and is expected to perform well in the future. Analysts recommend buying the stock, with a target price range of $40.00 to $42.00. However, investors should be aware of the stock's higher volatility compared to the overall market.
