Ultra Clean (NASDAQ:UCTT) Releases Earnings Results, Beats Estimates By $0.03 EPS

Ultra Clean (NASDAQ:UCTT) issued its quarterly earnings results on Monday. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.03, Zacks reports. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. Ultra Clean updated its Q3 2026 guidance to 0.830-1.030 EPS.

Ultra Clean Price Performance

Ultra Clean stock traded up $5.86 during midday trading on Monday, reaching $89.17. 1,530,896 shares of the stock were exchanged, compared to its average volume of 1,342,197. The firm has a market cap of $4.00 billion, a PE ratio of -20.79, a PEG ratio of 1.11 and a beta of 1.88. Ultra Clean has a 52 week low of $21.49 and a 52 week high of $144.22. The company’s fifty day moving average is $100.52 and its 200-day moving average is $76.14. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on UCTT shares. UBS Group started coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 target price for the company. Oppenheimer boosted their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. TD Cowen increased their target price on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Needham & Company LLC raised their price target on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $113.40.

Insiders Place Their Bets

In other news, Director Emily M. Liggett sold 8,198 shares of Ultra Clean stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the sale, the director directly owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. The trade was a 17.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the transaction, the senior vice president owned 16,446 shares of the company’s stock, valued at $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 56,725 shares of company stock worth $4,989,261. 1.80% of the stock is owned by corporate insiders.

Institutional Trading of Ultra Clean

Institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. increased its position in shares of Ultra Clean by 63.1% in the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after acquiring an additional 1,315,407 shares during the period. Millennium Management LLC lifted its stake in shares of Ultra Clean by 944.8% in the 4th quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock valued at $14,184,000 after purchasing an additional 506,363 shares during the period. BNP Paribas Financial Markets grew its position in shares of Ultra Clean by 360.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 271,843 shares of the semiconductor company’s stock worth $6,135,000 after buying an additional 212,791 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in Ultra Clean in the second quarter worth about $4,347,000. Finally, Ameriprise Financial Inc. boosted its position in shares of Ultra Clean by 170.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 270,352 shares of the semiconductor company’s stock worth $7,367,000 after purchasing an additional 170,240 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.