Ultra Clean (NASDAQ:UCTT) Hits New 1-Year High – Still a Buy?

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $79.14 and last traded at $77.73, with a volume of 35637 shares changing hands. The stock had previously closed at $76.44.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UCTT. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ultra Clean in a report on Monday, December 29th. Needham & Company LLC upped their target price on Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. TD Cowen upped their target price on Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Finally, Craig Hallum reissued a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $81.25.

Ultra Clean Stock Up 2.9%

The stock has a market capitalization of $3.58 billion, a P/E ratio of -19.67, a P/E/G ratio of 1.38 and a beta of 1.81. The company has a current ratio of 3.19, a quick ratio of 1.89 and a debt-to-equity ratio of 0.60. The stock’s 50-day moving average price is $60.97 and its two-hundred day moving average price is $40.96.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Monday, February 23rd. The semiconductor company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The business had revenue of $506.70 million for the quarter, compared to analysts’ expectations of $503.34 million. Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, research analysts expect that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

Institutional Trading of Ultra Clean

Institutional investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Ultra Clean during the 3rd quarter valued at approximately $416,000. Optimize Financial Inc purchased a new stake in Ultra Clean in the 3rd quarter worth approximately $1,541,000. Y Intercept Hong Kong Ltd purchased a new stake in Ultra Clean in the 3rd quarter worth approximately $962,000. Wedge Capital Management L L P NC purchased a new stake in Ultra Clean in the 3rd quarter worth approximately $3,174,000. Finally, Goodman Financial Corp lifted its stake in Ultra Clean by 3.7% in the 4th quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock worth $14,135,000 after purchasing an additional 20,011 shares in the last quarter. 96.06% of the stock is currently 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.