Ultra Clean (NASDAQ:UCTT) Shares Up 7.9% – Here’s Why

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) rose 7.9% during trading on Tuesday . The stock traded as high as $65.25 and last traded at $65.9360. Approximately 230,205 shares traded hands during trading, a decline of 84% from the average daily volume of 1,451,098 shares. The stock had previously closed at $61.12.

Analyst Ratings Changes

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

Ultra Clean Trading Up 7.5%

The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.89. The firm has a market cap of $2.99 billion, a PE ratio of -16.38, a price-to-earnings-growth ratio of 1.05 and a beta of 1.92. The company’s 50 day moving average price is $52.69 and its 200 day moving average price is $36.01.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). The business had revenue of $506.70 million for the quarter, compared to analysts’ expectations of $503.34 million. Ultra Clean had a positive return on equity of 3.88% and a negative net margin of 8.82%.Ultra Clean’s quarterly revenue was down 10.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 earnings per share. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year.

Institutional Trading of Ultra Clean

Hedge funds have recently modified their holdings of the stock. Quadrant Capital Group LLC raised its position in shares of Ultra Clean by 40.3% during the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 284 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Ultra Clean by 2.7% in the fourth quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 350 shares in the last quarter. State of Alaska Department of Revenue increased its stake in Ultra Clean by 1.6% in the fourth quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock valued at $635,000 after purchasing an additional 400 shares during the last quarter. Amalgamated Bank increased its stake in Ultra Clean by 3.4% in the third quarter. Amalgamated Bank now owns 13,312 shares of the semiconductor company’s stock valued at $363,000 after purchasing an additional 434 shares during the last quarter. Finally, Pitcairn Co. raised its holdings in Ultra Clean by 3.3% during the second quarter. Pitcairn Co. now owns 16,396 shares of the semiconductor company’s stock worth $370,000 after purchasing an additional 523 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

About Ultra Clean

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.