Ultra Clean (NASDAQ:UCTT) Hits New 52-Week High – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $88.37 and last traded at $85.45, with a volume of 815030 shares. The stock had previously closed at $87.10.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. UBS Group assumed coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price objective for the company. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research cut Ultra Clean from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. TD Cowen raised their price objective on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Oppenheimer lifted their price target on Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Ultra Clean presently has an average rating of “Moderate Buy” and a consensus price target of $104.40.

Ultra Clean Price Performance

The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The stock has a 50 day moving average price of $67.86 and a 200-day moving average price of $46.63. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of -19.92, a price-to-earnings-growth ratio of 1.22 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, analysts forecast that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total value of $692,846.52. Following the sale, the senior vice president directly owned 16,446 shares of the company’s stock, valued at $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christopher S. Cook sold 11,478 shares of Ultra Clean stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $73.96, for a total value of $848,912.88. Following the completion of the sale, the insider directly owned 97,427 shares in the company, valued at $7,205,700.92. This represents a 10.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 32,072 shares of company stock worth $2,438,174 over the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Institutional Trading of Ultra Clean

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Ultra Clean by 6.2% in the fourth quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock worth $126,415,000 after acquiring an additional 293,048 shares during the last quarter. Invesco Ltd. boosted its stake in Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares during the last quarter. State Street Corp boosted its stake in Ultra Clean by 5.0% during the fourth quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after buying an additional 87,931 shares during the last quarter. Royce & Associates LP boosted its stake in Ultra Clean by 7.1% during the third quarter. Royce & Associates LP now owns 1,107,416 shares of the semiconductor company’s stock worth $30,177,000 after buying an additional 73,872 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Ultra Clean by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after buying an additional 43,987 shares during the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Ultra Clean Company Profile

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.