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

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $91.36 and last traded at $88.2620, with a volume of 83900 shares trading hands. The stock had previously closed at $87.46.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on UCTT shares. Oppenheimer raised their price objective on Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Needham & Company LLC raised their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. UBS Group started coverage on Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective on the stock. Finally, Craig Hallum reaffirmed a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $104.40.

Ultra Clean Stock Performance

The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of -20.35, a P/E/G ratio of 1.28 and a beta of 1.94. The stock’s 50-day moving average is $74.85 and its 200 day moving average is $51.74.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same quarter last year, the firm earned $0.28 earnings per share. The firm’s revenue was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, analysts predict that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Ultra Clean

In other Ultra Clean news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the sale, the senior vice president directly owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Paul Yoonku Cho sold 2,000 shares of Ultra Clean stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $86.89, for a total transaction of $173,780.00. Following the completion of the sale, the general counsel directly owned 15,844 shares of the company’s stock, valued at $1,376,685.16. The trade was a 11.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 48,975 shares of company stock worth $3,949,681. 1.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ultra Clean

Hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC bought a new stake in Ultra Clean in the 3rd quarter valued at $416,000. Optimize Financial Inc bought a new stake in Ultra Clean in the 3rd quarter valued at $1,541,000. Goodman Financial Corp boosted its holdings in Ultra Clean by 3.7% in the 4th quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock valued at $14,135,000 after purchasing an additional 20,011 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Ultra Clean in the 3rd quarter valued at $962,000. Finally, JPMorgan Chase & Co. boosted its holdings in Ultra Clean by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock valued at $16,052,000 after purchasing an additional 279,953 shares during the period. Institutional investors and hedge funds own 96.06% of the company’s stock.

About Ultra Clean

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.