Ultra Clean (NASDAQ:UCTT) Shares Gap Down – Time to Sell?

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped down prior to trading on Thursday. The stock had previously closed at $52.22, but opened at $48.26. Ultra Clean shares last traded at $46.79, with a volume of 208,382 shares.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. TD Cowen raised their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Weiss Ratings downgraded Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. UBS Group set a $127.00 target price on Ultra Clean in a report on Thursday, October 8th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, Zacks Research cut Ultra Clean from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.17.

Ultra Clean Trading Down 14.5%

The stock’s fifty day moving average price is $71.00 and its 200 day moving average price is $83.92. The stock has a market cap of $2.00 billion, a P/E ratio of -85.90, a PEG ratio of 0.55 and a beta of 1.86. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.17. The company had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. Ultra Clean’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period last year, the business earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current year.

Institutional Investors Weigh In On Ultra Clean

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Ultra Clean during the second quarter valued at approximately $986,722,000. Paradigm Capital Management Inc. NY bought a new stake in shares of Ultra Clean in the 2nd quarter worth approximately $86,723,000. Cooper Creek Partners Management LLC bought a new stake in shares of Ultra Clean in the 1st quarter worth approximately $36,486,000. SG Americas Securities LLC boosted its position in shares of Ultra Clean by 348.7% in the 1st quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock worth $35,167,000 after purchasing an additional 439,526 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Ultra Clean by 502.4% in the 1st quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock worth $28,231,000 after buying an additional 378,648 shares during the last quarter. Hedge funds and other institutional investors own 96.06% of the company’s stock.

About Ultra Clean

Ultra Clean Holdings, Inc (NASDAQ: UCTT) provides critical subsystems, components and services used in the production of semiconductor and other high-technology products. The company designs and manufactures gas delivery systems, fluid delivery systems, precision-machined components, process modules and other equipment used by semiconductor capital-equipment manufacturers.

Ultra Clean also provides contract manufacturing, analytical laboratory, equipment installation, repair, refurbishment and tool-maintenance services.