News headlines about Ultra Clean Holdings (NASDAQ:UCTT) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ultra Clean Holdings earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 46.5040245863632 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news stories that may have impacted Accern’s analysis:

Shares of Ultra Clean Holdings (NASDAQ:UCTT) traded up 2.47% during trading on Friday, hitting $23.25. 1,140,434 shares of the stock traded hands. Ultra Clean Holdings has a 1-year low of $6.58 and a 1-year high of $26.21. The stock has a market cap of $777.29 million, a price-to-earnings ratio of 16.82 and a beta of 1.19. The stock has a 50 day moving average price of $22.21 and a 200-day moving average price of $18.75.

Ultra Clean Holdings (NASDAQ:UCTT) last issued its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.11. The company had revenue of $228.26 million for the quarter, compared to the consensus estimate of $213.92 million. Ultra Clean Holdings had a net margin of 6.25% and a return on equity of 24.16%. The firm’s quarterly revenue was up 75.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS. Equities analysts forecast that Ultra Clean Holdings will post $2.28 EPS for the current year.

UCTT has been the subject of several recent research reports. ValuEngine upgraded shares of Ultra Clean Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded shares of Ultra Clean Holdings from a “hold” rating to a “strong-buy” rating and set a $20.00 target price for the company in a report on Thursday, April 27th. Stifel Nicolaus increased their price target on shares of Ultra Clean Holdings from $18.00 to $20.00 and gave the company a “hold” rating in a research note on Monday, July 10th. BidaskClub upgraded shares of Ultra Clean Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Finally, Needham & Company LLC increased their price target on shares of Ultra Clean Holdings from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday, April 27th. Four investment 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 stock. The company has an average rating of “Buy” and an average target price of $27.83.

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In related news, SVP Mark Bingaman sold 36,743 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $23.34, for a total value of $857,581.62. Following the transaction, the senior vice president now directly owns 76,670 shares of the company’s stock, valued at approximately $1,789,477.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Leonid Mezhvinsky sold 6,800 shares of the business’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $23.26, for a total transaction of $158,168.00. Following the completion of the transaction, the director now directly owns 33,500 shares in the company, valued at $779,210. The disclosure for this sale can be found here. Insiders sold a total of 94,484 shares of company stock worth $2,119,172 over the last three months. 2.60% of the stock is owned by insiders.

About Ultra Clean Holdings

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.

Insider Buying and Selling by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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