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Needham analyst Quinn Bolton maintained a Buy rating on Ichor Holdings (NASDAQ:ICHR) on Friday, setting a price target of $44, which is approximately 6.31% above the present share price of $41.39.
Bolton expects Ichor Holdings to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Ichor Holdings, with an average price target of $47.86.
The analysts price targets range from a high of $57 to a low of $43.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $244.97 million and a net profit of $14.22 million. The company's market cap is $1.16 billion.
According to TipRanks.com, Needham analyst Quinn Bolton is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 46.4% and a 80.14% success rate.
Ichor Holdings Ltd . engages in designing, engineering, and manufacturing fluid delivery subsystems for semiconductor capital equipment. It offers gas and chemical delivery systems, which are key elements of the process tools used in the manufacturing of semiconductor devices. It also manufactures precision machined components, weldments, and proprietary products for use in fluid delivery systems for direct sales to its customers. The company was founded in 1999 and is headquartered in Fremont, CA.
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