Ultra Clean Holdings (UCTT) Given Daily News Sentiment Rating of 0.10
News headlines about Ultra Clean Holdings (NASDAQ:UCTT) have trended somewhat positive on Monday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ultra Clean Holdings earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 45.4005713281173 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern’s scoring:
- How Are Analysts Approaching Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT)? – Evergreen Caller (evergreencaller.com)
- Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Stock Rating Lowered by BidaskClub (footballhebdo.com)
- Ultra Clean Holdings Inc (NASDAQ:UCTT) Institutional Investor Positioning Change (bulhufas.com)
- The Clorox Company (CLX) Weigh On Beatable Move- Ultra Clean Holdings, Inc. (UCTT) – Investing News Update (investingbizz.com)
- Ultra Clean Holdings, Inc. (NASDAQ:UCTT) CFO Sells $468,699.20 in Stock (americanbankingnews.com)
Several equities analysts have recently weighed in on UCTT shares. ValuEngine raised Ultra Clean Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 16th. Cowen and Company started coverage on Ultra Clean Holdings in a research report on Thursday, June 15th. They set a “market perform” rating and a $26.00 target price on the stock. Stifel Nicolaus boosted their target price on Ultra Clean Holdings from $18.00 to $20.00 and gave the company a “hold” rating in a research report on Monday, July 10th. BidaskClub downgraded Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Needham & Company LLC boosted their target price on Ultra Clean Holdings from $22.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, July 28th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Ultra Clean Holdings has an average rating of “Buy” and a consensus target price of $27.83.
Shares of Ultra Clean Holdings (NASDAQ UCTT) traded up 5.36% during trading on Monday, reaching $22.00. The company’s stock had a trading volume of 1,220,483 shares. Ultra Clean Holdings has a 1-year low of $5.94 and a 1-year high of $26.21. The company has a market capitalization of $735.50 million, a PE ratio of 15.92 and a beta of 1.19. The stock has a 50 day moving average of $21.59 and a 200-day moving average of $17.96.
Ultra Clean Holdings (NASDAQ:UCTT) last posted its earnings results on Thursday, July 27th. The semiconductor company reported $0.62 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.11. Ultra Clean Holdings had a return on equity of 25.19% and a net margin of 6.25%. The company had revenue of $228.26 million for the quarter, compared to the consensus estimate of $213.92 million. During the same quarter in the previous year, the business earned $0.10 earnings per share. The company’s revenue for the quarter was up 75.8% on a year-over-year basis. On average, analysts expect that Ultra Clean Holdings will post $2.28 earnings per share for the current year.
In other Ultra Clean Holdings news, SVP Mark Bingaman sold 36,743 shares of Ultra Clean Holdings stock in a transaction on Monday, June 5th. The stock was sold at an average price of $23.34, for a total value of $857,581.62. Following the sale, the senior vice president now owns 76,670 shares in the company, valued at $1,789,477.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sheri Brumm sold 20,512 shares of Ultra Clean Holdings stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $22.85, for a total value of $468,699.20. Following the completion of the sale, the chief financial officer now owns 170,939 shares in the company, valued at approximately $3,905,956.15. The disclosure for this sale can be found here. Insiders sold 94,484 shares of company stock worth $2,119,172 in the last 90 days. Company insiders own 2.60% of the company’s stock.
Ultra Clean Holdings Company Profile
Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.
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