Ultra Clean (NASDAQ:UCTT) Posts Earnings Results, Misses Estimates By $0.03 EPS

Ultra Clean (NASDAQ:UCTT) released its quarterly earnings data on Monday. The semiconductor company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03), Zacks reports. Ultra Clean had a return on equity of 4.08% and a net margin of 0.18%. Ultra Clean updated its Q1 2025 guidance to 0.220-0.420 EPS.

Ultra Clean Stock Performance

Shares of UCTT opened at $36.06 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.63 and a current ratio of 2.75. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 450.81, a PEG ratio of 0.51 and a beta of 2.09. The company’s 50 day simple moving average is $37.14 and its 200 day simple moving average is $36.94. Ultra Clean has a 1 year low of $32.08 and a 1 year high of $56.47.

Analyst Ratings Changes

Several brokerages have issued reports on UCTT. Needham & Company LLC reduced their price target on shares of Ultra Clean from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Tuesday, October 29th. TD Cowen reduced their price objective on shares of Ultra Clean from $60.00 to $57.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th.

About Ultra Clean

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.