Ultra Clean (NASDAQ:UCTT) Hits New 52-Week High – Still a Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $127.05 and last traded at $125.8850, with a volume of 503712 shares trading hands. The stock had previously closed at $118.82.

Analyst Upgrades and Downgrades

UCTT has been the subject of several research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research report on Friday. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Wall Street Zen downgraded shares of Ultra Clean from a “buy” rating to a “hold” rating in a research note on Monday. TD Cowen upped their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, UBS Group started coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ultra Clean presently has a consensus rating of “Buy” and an average price target of $107.40.

Get Our Latest Analysis on UCTT

Ultra Clean Stock Up 9.1%

The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of -33.24, a price-to-earnings-growth ratio of 1.75 and a beta of 1.94. The business has a 50 day moving average of $93.15 and a 200 day moving average of $64.89. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72.

Ultra Clean (NASDAQ:UCTTGet Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm had revenue of $533.70 million for the quarter, compared to the consensus estimate of $525.28 million. During the same quarter in the previous year, the company earned $0.28 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current year.

Insider Buying and Selling at Ultra Clean

In related news, General Counsel Paul Yoonku Cho sold 944 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the sale, the general counsel owned 22,941 shares of the company’s stock, valued at $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the transaction, the director directly owned 38,152 shares of the company’s stock, valued at $3,516,851.36. This trade represents a 17.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,106 shares of company stock worth $6,734,589 in the last 90 days. 1.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ultra Clean

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its position in Ultra Clean by 148.9% in the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 554 shares during the period. Quadrant Capital Group LLC boosted its stake 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 purchasing an additional 284 shares in the last quarter. Danske Bank A S grew its holdings in shares of Ultra Clean by 450.0% in the 4th 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. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean in the 1st quarter worth about $34,000. Finally, Smartleaf Asset Management LLC increased its position in shares of Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares in the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Ultra Clean Company Profile

(Get Free Report)

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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