Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) has been given a consensus rating of “Moderate Buy” by the seven analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $129.00.

Several analysts have recently commented on the company. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. UBS Group reaffirmed a “buy” rating on shares of Ultra Clean in a research note on Tuesday, August 4th. Needham & Company LLC upped their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Finally, Oppenheimer boosted their price objective on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th.

Hedge Funds Weigh In On Ultra Clean

Several large investors have recently made changes to their positions in UCTT. California State Teachers Retirement System boosted its stake in shares of Ultra Clean by 14,062.1% in the 2nd quarter. California State Teachers Retirement System now owns 7,313,726 shares of the semiconductor company’s stock valued at $1,042,864,000 after purchasing an additional 7,262,083 shares during the last quarter. BlackRock Inc. bought a new position in Ultra Clean in the second quarter valued at approximately $986,722,000. Invesco Ltd. grew its holdings in Ultra Clean by 63.1% during the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after acquiring an additional 1,315,407 shares during the period. State Street Corp grew its holdings in Ultra Clean by 5.0% during the 4th quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after acquiring an additional 87,931 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Ultra Clean by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock valued at $20,798,000 after purchasing an additional 43,987 shares during the period. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Trading Up 4.1%

Shares of Ultra Clean stock opened at $74.04 on Friday. Ultra Clean has a 12-month low of $21.49 and a 12-month high of $144.22. The stock has a market capitalization of $3.32 billion, a P/E ratio of -142.38, a price-to-earnings-growth ratio of 0.76 and a beta of 1.88. The company has a 50-day simple moving average of $84.32 and a 200 day simple moving average of $82.13. The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84.

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

Ultra Clean Company Profile

Ultra Clean Holdings, Inc (NASDAQ: UCTT), doing business as Ultra Clean Technology, provides critical subsystems, components and services used in the semiconductor manufacturing industry. The company primarily serves semiconductor equipment manufacturers and semiconductor device producers, helping support the fabrication processes used to make integrated circuits and other advanced electronic components.

Ultra Clean’s products include gas delivery systems, fluid and chemical delivery systems, vacuum assemblies, process modules, structural components and other engineered assemblies for semiconductor production equipment.