It might be of some concern to shareholders to see the Ichor Holdings, Ltd. (NASDAQ:ICHR) share price down 12% in the last month. But that doesn't change the fact that the returns over the last year have been very strong. We're very pleased to report the share price shot up 144% in that time. So we think most shareholders won't be too upset about the recent fall. The real question is whether the business is trending in the right direction.

Check out our latest analysis for Ichor Holdings

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

Ichor Holdings was able to grow EPS by 225% in the last twelve months. This EPS growth is significantly higher than the 144% increase in the share price. So it seems like the market has cooled on Ichor Holdings, despite the growth. Interesting.

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

We know that Ichor Holdings has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts.

A Different Perspective

It's nice to see that Ichor Holdings shareholders have gained 144% (in total) over the last year. That gain actually surpasses the 28% TSR it generated (per year) over three years. Given the track record of solid returns over varying time frames, it might be worth putting Ichor Holdings on your watchlist. It's always interesting to track share price performance over the longer term. But to understand Ichor Holdings better, we need to consider many other factors. To that end, you should be aware of the 3 warning signs we've spotted with Ichor Holdings .

But note: Ichor Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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