Ultra Clean (NASDAQ:UCTT) Shares Down 6.7% – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) traded down 6.7% on Wednesday . The stock traded as low as $76.67 and last traded at $76.3290. Approximately 62,151 shares traded hands during trading, a decline of 95% from the average daily volume of 1,333,428 shares. The stock had previously closed at $81.82.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on UCTT. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Oppenheimer upped their target price on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th. Weiss Ratings downgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. Needham & Company LLC raised their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, UBS Group restated a “buy” rating on shares of Ultra Clean in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

Ultra Clean Stock Performance

The firm has a market cap of $3.46 billion, a PE ratio of -148.36, a PEG ratio of 0.91 and a beta of 1.88. The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84. The company has a 50-day simple moving average of $100.04 and a two-hundred day simple moving average of $79.71.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.17. The firm had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The business’s revenue was up 24.3% compared to the same quarter last year. During the same period last year, the firm posted $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities research analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current year.

Insider Buying and Selling at Ultra Clean

In other news, CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the completion of the sale, the chief financial officer owned 50,710 shares in the company, valued at $4,537,023.70. This trade represents a 23.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Emily M. Liggett sold 8,198 shares of Ultra Clean stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the sale, the director directly owned 38,152 shares in the company, valued at $3,516,851.36. This trade represents a 17.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 39,329 shares of company stock worth $3,540,599 over the last three months. 1.80% of the stock is currently owned by insiders.

Institutional Trading of Ultra Clean

Large investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Ultra Clean during the 2nd quarter valued at $986,722,000. Vanguard Group Inc. raised its stake in Ultra Clean by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after acquiring an additional 293,048 shares during the period. Invesco Ltd. lifted its holdings in Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after purchasing an additional 1,315,407 shares during the last quarter. State Street Corp boosted its position 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 purchasing an additional 87,931 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Ultra Clean by 5.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after purchasing an additional 43,987 shares in the last quarter. 96.06% of the stock is owned by hedge funds and other institutional investors.

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.