Ultra Clean (NASDAQ:UCTT) Reaches New 1-Year High – Here’s Why

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares hit a new 52-week high on Thursday . The stock traded as high as $81.14 and last traded at $80.2690, with a volume of 219441 shares. The stock had previously closed at $78.23.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Needham & Company LLC increased their target price on Ultra Clean from $50.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ultra Clean in a research report on Monday, December 29th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Craig Hallum reaffirmed a “buy” rating and issued a $100.00 target price on shares of Ultra Clean in a research report on Tuesday, February 24th. Finally, Oppenheimer increased their target price on Ultra Clean from $35.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $81.25.

Ultra Clean Trading Up 0.4%

The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of -19.59, a P/E/G ratio of 1.41 and a beta of 1.81. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.89 and a current ratio of 3.19. The firm has a fifty day moving average of $63.07 and a 200-day moving average of $42.46.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The company had revenue of $506.70 million during the quarter, compared to analyst estimates of $503.34 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, equities analysts predict that Ultra Clean Holdings, Inc. will post 1.57 earnings per share for the current fiscal year.

Institutional Trading of Ultra Clean

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Ultra Clean by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after purchasing an additional 293,048 shares in the last quarter. Invesco Ltd. grew its stake in shares of Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after acquiring an additional 1,315,407 shares in the last quarter. State Street Corp grew its stake in shares of Ultra Clean by 5.0% during the fourth quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock valued at $46,923,000 after acquiring an additional 87,931 shares in the last quarter. Royce & Associates LP grew its stake in shares of Ultra Clean by 7.1% during the third quarter. Royce & Associates LP now owns 1,107,416 shares of the semiconductor company’s stock valued at $30,177,000 after acquiring an additional 73,872 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Ultra Clean by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock valued at $20,798,000 after acquiring an additional 43,987 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

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.