Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Free Report) has been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $128.17.
A number of brokerages have issued reports on UCTT. Zacks Research lowered Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Oppenheimer increased their target price on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Freedom Broker initiated coverage on shares of Ultra Clean in a research report on Friday. They set a “buy” rating and a $127.00 price target for the company. Weiss Ratings lowered shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. Finally, UBS Group set a $127.00 price target on shares of Ultra Clean in a research note on Thursday.
Read Our Latest Stock Report on Ultra Clean
Ultra Clean Stock Performance
Ultra Clean (NASDAQ:UCTT – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.17. The company had revenue of $644.90 million for the quarter, compared to analysts’ expectations of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%. The firm’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Research analysts predict that Ultra Clean will post 2.67 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in UCTT. Insight Wealth Strategies LLC grew its position in shares of Ultra Clean by 7.9% in the 3rd quarter. Insight Wealth Strategies LLC now owns 51,199 shares of the semiconductor company’s stock worth $4,150,000 after acquiring an additional 3,736 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Ultra Clean by 3.5% in the 3rd quarter. GAMMA Investing LLC now owns 6,199 shares of the semiconductor company’s stock worth $502,000 after acquiring an additional 208 shares during the period. Byrne Asset Management LLC bought a new stake in shares of Ultra Clean during the third quarter valued at approximately $220,000. CX Institutional acquired a new position in Ultra Clean during the 3rd quarter worth $1,099,000. Finally, QRG Capital Management Inc. acquired a new stake in Ultra Clean in the second quarter worth about $484,000. 96.06% of the stock is owned by institutional investors and hedge funds.
About Ultra Clean
Ultra Clean Holdings, Inc (NASDAQ: UCTT) is a manufacturer and service provider for the semiconductor and other advanced-technology industries. The company designs and produces critical subsystems, components and assemblies used in semiconductor processing equipment, supporting customers throughout the equipment life cycle.
Its products and services include gas and fluid delivery systems, process modules, precision-machined components, equipment enclosures, and other high-purity assemblies.
Featured Stories
- Five stocks we like better than Ultra Clean
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.
