Ultra Clean (NASDAQ:UCTT) Reaches New 12-Month High – Time to Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $46.83 and last traded at $46.27, with a volume of 360258 shares. The stock had previously closed at $44.26.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UCTT. TD Cowen raised their price objective on Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Needham & Company LLC raised their price target on shares of Ultra Clean from $35.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday. Oppenheimer reaffirmed an “outperform” rating on shares of Ultra Clean in a research note on Wednesday, October 29th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $38.33.

Check Out Our Latest Stock Report on UCTT

Ultra Clean Price Performance

The business has a 50-day moving average price of $28.24 and a two-hundred day moving average price of $26.62. The company has a quick ratio of 1.91, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of -13.22, a price-to-earnings-growth ratio of 1.29 and a beta of 1.95.

Ultra Clean (NASDAQ:UCTTGet Free Report) last released its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. Ultra Clean had a negative net margin of 7.66% and a positive return on equity of 5.15%. The firm had revenue of $510.00 million for the quarter, compared to analyst estimates of $505.23 million. During the same period last year, the firm earned $0.35 earnings per share. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. As a group, research analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Insiders Place Their Bets

In other Ultra Clean news, Director David T. Ibnale sold 23,500 shares of Ultra Clean stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $26.63, for a total transaction of $625,805.00. Following the transaction, the director directly owned 45,241 shares of the company’s stock, valued at $1,204,767.83. The trade was a 34.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Ultra Clean

Hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its holdings in Ultra Clean by 148.9% during the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 554 shares during the period. Allworth Financial LP boosted its stake in Ultra Clean by 237.6% in the second quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 936 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Ultra Clean in the third quarter worth $45,000. Finally, Wexford Capital LP bought a new stake in shares of Ultra Clean in the third quarter valued at $64,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Company Profile

(Get Free Report)

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean’s product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.

Read More

Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.