Ultra Clean (NASDAQ:UCTT) Shares Gap Up – Time to Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $41.10, but opened at $43.72. Ultra Clean shares last traded at $44.1640, with a volume of 294,494 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UCTT. Oppenheimer restated an “outperform” rating on shares of Ultra Clean in a research report on Wednesday, October 29th. TD Cowen boosted their price target on shares of Ultra Clean from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Needham & Company LLC increased their price objective on shares of Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings restated 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 assigned a Sell rating to the stock. According to MarketBeat.com, Ultra Clean currently has a consensus rating of “Moderate Buy” and an average target price of $33.33.

Ultra Clean Stock Performance

The stock has a 50-day moving average price of $26.84 and a 200 day moving average price of $26.05. 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 firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of -12.41, a P/E/G ratio of 1.11 and a beta of 1.95.

Ultra Clean (NASDAQ:UCTT) last announced 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. The business had revenue of $510.00 million for the quarter, compared to analyst estimates of $505.23 million. Ultra Clean had a negative net margin of 7.66% and a positive return on equity of 5.15%. The company’s revenue was down 5.6% on a year-over-year basis. During the same period last year, the business earned $0.35 EPS. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. On average, analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Insider Transactions at Ultra Clean

In other news, Director David T. Ibnale sold 23,500 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $26.63, for a total transaction of $625,805.00. Following the completion of the sale, the director owned 45,241 shares in the company, valued at approximately $1,204,767.83. This represents a 34.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Frontier Capital Management Co. LLC raised its holdings in Ultra Clean by 41.5% during the second quarter. Frontier Capital Management Co. LLC now owns 2,754,163 shares of the semiconductor company’s stock worth $62,161,000 after purchasing an additional 808,277 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Ultra Clean by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock worth $16,052,000 after buying an additional 279,953 shares in the last quarter. Invesco Ltd. grew its stake in Ultra Clean by 13.8% in the 2nd quarter. Invesco Ltd. now owns 1,913,576 shares of the semiconductor company’s stock valued at $43,189,000 after acquiring an additional 231,901 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Ultra Clean by 360.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 271,843 shares of the semiconductor company’s stock valued at $6,135,000 after acquiring an additional 212,791 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in Ultra Clean during the 2nd quarter valued at about $4,347,000. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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.