Wall Street Zen upgraded shares of Ultra Clean (NASDAQ:UCTT – Free Report) from a hold rating to a buy rating in a research note published on Sunday.
Other equities analysts have also recently issued reports about the company. TD Cowen raised their target price on Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Needham & Company LLC boosted their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Oppenheimer increased their price target 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. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Finally, UBS Group restated a “buy” rating on shares of Ultra Clean in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.00.
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Ultra Clean Price Performance
Ultra Clean (NASDAQ:UCTT – Get Free Report) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating 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 company had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Sell-side analysts anticipate that Ultra Clean will post 2.67 earnings per share for the current year.
Insider Activity
In other Ultra Clean news, Director Emily M. Liggett sold 8,198 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the transaction, the director owned 38,152 shares in the company, valued at $3,516,851.36. The trade was a 17.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Paul Yoonku Cho sold 944 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total transaction of $84,365.28. Following the completion of the sale, the general counsel owned 22,941 shares in the company, valued at $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. Over the last quarter, insiders have sold 43,534 shares of company stock worth $3,906,434. Insiders own 1.80% of the company’s stock.
Institutional Trading of Ultra Clean
A number of institutional investors have recently bought and sold shares of UCTT. Quadrant Capital Group LLC increased its holdings in shares of Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 284 shares during the last quarter. Danske Bank A S lifted its stake in Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares during the last quarter. Kilter Group LLC purchased a new stake in Ultra Clean during the second quarter worth approximately $30,000. AdvisorNet Financial Inc purchased a new stake in Ultra Clean during the first quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Ultra Clean by 472.9% in the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 1,414 shares in the last quarter. 96.06% of the stock is 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.
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