Ultra Clean (NASDAQ:UCTT) Stock Price Up 7.7% on Analyst Upgrade

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price rose 7.7% on Wednesday after Wall Street Zen upgraded the stock from a hold rating to a buy rating. The company traded as high as $96.76 and last traded at $97.7760. Approximately 824,009 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 1,324,253 shares. The stock had previously closed at $90.78.

Several other equities research analysts have also commented on UCTT. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. UBS Group initiated coverage on Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Ultra Clean in a report on Friday, June 26th. Needham & Company LLC boosted their price target on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Oppenheimer upped their price objective on Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 9th. Two investment analysts have 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. According to data from MarketBeat, Ultra Clean presently has an average rating of “Buy” and a consensus price target of $107.40.

Insider Buying and Selling

In other Ultra Clean news, insider Jeffrey L. Mckibben sold 4,205 shares of Ultra Clean stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total value of $365,835.00. Following the transaction, the insider directly owned 11,349 shares of the company’s stock, valued at approximately $987,363. The trade was a 27.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total value of $692,846.52. Following the transaction, the senior vice president directly owned 16,446 shares in the company, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,106 shares of company stock valued at $6,734,589 over the last quarter. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

Several institutional investors have recently added to or reduced their stakes in UCTT. Royal Bank of Canada increased its holdings in shares of Ultra Clean by 35.8% during the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after acquiring an additional 6,841 shares in the last quarter. AQR Capital Management LLC grew its position in Ultra Clean by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after purchasing an additional 28,690 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ultra Clean by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock valued at $566,000 after purchasing an additional 1,257 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Ultra Clean by 18.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock worth $1,822,000 after buying an additional 13,005 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Ultra Clean by 1,987.5% in the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock worth $3,173,000 after buying an additional 141,114 shares during the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Stock Up 8.4%

The firm has a market capitalization of $4.41 billion, a price-to-earnings ratio of -22.72, a P/E/G ratio of 1.41 and a beta of 1.83. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The company’s 50 day moving average price is $95.99 and its 200 day moving average price is $67.78.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The firm had revenue of $533.70 million for the quarter, compared to the consensus estimate of $525.28 million. During the same period in the prior year, the firm earned $0.28 EPS. The firm’s revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, research analysts forecast that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

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.