Ultra Clean (NASDAQ:UCTT) Shares Gap Down – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $123.14, but opened at $111.38. Ultra Clean shares last traded at $112.4590, with a volume of 149,797 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UCTT. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research report on Sunday. Oppenheimer boosted their price objective on Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. TD Cowen upped their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, UBS Group initiated coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ultra Clean currently has a consensus rating of “Buy” and an average price target of $107.40.

Ultra Clean Trading Down 2.9%

The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. The company has a market cap of $4.86 billion, a PE ratio of -25.27, a P/E/G ratio of 1.49 and a beta of 1.94. The business’s 50-day simple moving average is $89.07 and its 200-day simple moving average is $62.04.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The business had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. During the same period in the previous year, the company posted $0.28 EPS. Ultra Clean’s revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, analysts expect that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Insider Activity

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, the chief financial officer owned 50,710 shares in the company, valued at $4,537,023.70. The trade was a 23.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total value of $84,365.28. Following the completion of the transaction, the general counsel directly owned 22,941 shares in the company, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 80,106 shares of company stock valued at $6,734,589. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ultra Clean

A number of hedge funds have recently added to or reduced their stakes in UCTT. EverSource Wealth Advisors LLC lifted its stake in Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 196 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of Ultra Clean by 40.3% during the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 284 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Ultra Clean by 2.7% during the 4th quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 350 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Ultra Clean by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock valued at $635,000 after purchasing an additional 400 shares in the last quarter. Finally, Swiss National Bank lifted its stake in shares of Ultra Clean by 0.4% in the 1st quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock valued at $5,584,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Company Profile

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.