(ICHR) Ichor Holdings - Ratings and Ratios

Ichor Holdings, Ltd. is a critical component supplier to the semiconductor industry, providing fluid delivery subsystems and components that are integral to the manufacturing of semiconductor devices. The companys products, including gas and chemical delivery systems, are used in various semiconductor manufacturing processes, such as etch, deposition, and chemical-mechanical planarization. Ichors capabilities extend to the manufacture of precision machined components, weldments, and other proprietary products, showcasing its expertise in the fabrication of complex components for the semiconductor equipment market. With a primary focus on serving equipment OEMs, Ichor has established itself as a key player in the semiconductor supply chain, particularly in Japan.

From a market perspective, ICHR has demonstrated a significant presence in the semiconductor materials and equipment sub-industry. The companys performance is closely tied to the demand for semiconductor manufacturing equipment, which is influenced by the overall health of the semiconductor industry. As a supplier to major semiconductor equipment manufacturers, Ichor is positioned to benefit from the ongoing advancements in semiconductor technology, including the transition to more complex and miniaturized semiconductor devices. The companys ability to adapt to the evolving needs of its customers will be crucial in driving its future growth.

Analyzing the , the current price of ICHR is 19.22, with a 20-day simple moving average (SMA20) of 17.83 and a 50-day simple moving average (SMA50) of 18.14. The stock is below its 200-day simple moving average (SMA200) of 26.52, indicating a longer-term downtrend. The Average True Range (ATR) is 0.86, representing a 4.47% daily price movement. Given the , the companys market capitalization is approximately 600.51 million USD, with a forward price-to-earnings ratio of 32.57, suggesting a relatively high valuation. The return on equity (RoE) is -2.35, indicating a negative return on shareholder equity.

Based on the and , a potential forecast for ICHR is that the stock may continue to experience volatility, influenced by the ongoing trends in the semiconductor industry. If the company can demonstrate improvement in its financial performance, as suggested by the forward P/E ratio, and the semiconductor industry continues to grow, ICHR may be poised for a rebound. A potential breakout above the SMA50 and SMA20 could be a positive indicator, potentially targeting the 52-week high of 42.70. Conversely, a failure to break above these levels and a decline in the semiconductor industry could lead to further downside, potentially testing the 52-week low of 15.78. A close above 20.00 would be a positive sign, while a close below 18.00 could be a negative indicator.