Ultra Clean (NASDAQ:UCTT) Shares Gap Down – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $105.53, but opened at $97.00. Ultra Clean shares last traded at $95.0610, with a volume of 224,687 shares traded.

Wall Street Analysts Forecast Growth

UCTT has been the topic of several analyst reports. Needham & Company LLC lifted their target price on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research report on Friday, June 26th. Oppenheimer raised their price target on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Finally, Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $107.40.

View Our Latest Analysis on UCTT

Ultra Clean Price Performance

The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The firm has a market cap of $4.17 billion, a PE ratio of -21.73, a price-to-earnings-growth ratio of 1.42 and a beta of 1.83. The stock has a 50 day moving average price of $95.84 and a two-hundred day moving average price of $67.31.

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

Insiders Place Their Bets

In other news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total transaction of $692,846.52. Following the completion of the sale, the senior vice president directly owned 16,446 shares in the company, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total transaction of $365,835.00. Following the sale, the insider directly owned 11,349 shares in the company, valued at $987,363. This trade represents a 27.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 80,106 shares of company stock valued at $6,734,589. Corporate insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of Ultra Clean in the second quarter worth about $410,000. Lombard Odier Asset Management Europe Ltd purchased a new stake in Ultra Clean in the first quarter valued at approximately $3,197,000. Foguth Wealth Management LLC. acquired a new position in Ultra Clean in the 1st quarter worth approximately $215,000. Liontrust Investment Partners LLP acquired a new position in Ultra Clean in the 1st quarter worth approximately $2,411,000. Finally, Bank of America Corp DE raised its position in Ultra Clean by 502.4% during the 1st quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock worth $28,231,000 after buying an additional 378,648 shares during the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

About Ultra Clean

(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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