Press coverage about Ultra Clean (NASDAQ:UCTT) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ultra Clean earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 45.9492662259733 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Ultra Clean (UCTT) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Head to Head Survey: Ultra Clean (UCTT) vs. Xcerra (XCRA) (americanbankingnews.com)
- Financial Analysis: Ultra Clean (UCTT) versus Brooks Automation (BRKS) (americanbankingnews.com)
- Ultra Clean (UCTT) Upgraded to “Outperform” by Cowen (americanbankingnews.com)
- Chip-Gear Makers Rise On Taiwan Semi Earnings Read-Through (finance.yahoo.com)
A number of brokerages recently commented on UCTT. Zacks Investment Research downgraded shares of Ultra Clean from a “buy” rating to a “hold” rating and set a $30.00 price objective for the company. in a research note on Saturday. Cowen raised shares of Ultra Clean from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Thursday. Needham & Company LLC reduced their price objective on shares of Ultra Clean from $36.00 to $34.00 and set a “buy” rating for the company in a research note on Thursday, October 26th. Stifel Nicolaus raised shares of Ultra Clean from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Monday, December 4th. Finally, ValuEngine downgraded shares of Ultra Clean from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $32.00.
Ultra Clean (UCTT) opened at $26.67 on Monday. The stock has a market capitalization of $896.84, a price-to-earnings ratio of 14.19, a PEG ratio of 0.70 and a beta of 1.02. The company has a current ratio of 2.06, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15. Ultra Clean has a 12-month low of $11.86 and a 12-month high of $34.59.
Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.02). The business had revenue of $242.60 million for the quarter, compared to analyst estimates of $239.11 million. Ultra Clean had a return on equity of 28.77% and a net margin of 7.55%. The business’s revenue for the quarter was up 65.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.17 earnings per share. equities research analysts anticipate that Ultra Clean will post 2.34 EPS for the current year.
In related news, SVP Ronald D’ercole sold 5,202 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $24.49, for a total value of $127,396.98. Following the transaction, the senior vice president now directly owns 60,900 shares of the company’s stock, valued at approximately $1,491,441. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Deborah E. Hayward sold 13,872 shares of the company’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $32.48, for a total value of $450,562.56. Following the completion of the transaction, the insider now directly owns 61,702 shares in the company, valued at $2,004,080.96. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 39,785 shares of company stock worth $1,037,188. Insiders own 2.60% of the company’s stock.
Ultra Clean Company Profile
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.
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