Ultra Clean (NASDAQ:UCTT) Raised to Buy at Wall Street Zen

Ultra Clean (NASDAQ:UCTT) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

A number of other research firms have also recently weighed in on UCTT. UBS Group reaffirmed a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. Weiss Ratings downgraded Ultra Clean from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 24th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Needham & Company LLC lifted their price objective on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, Oppenheimer raised their price target on shares of Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Ultra Clean presently has an average rating of “Moderate Buy” and an average target price of $129.00.

Ultra Clean Trading Down 5.7%

UCTT opened at $82.27 on Friday. The stock has a market capitalization of $3.69 billion, a PE ratio of -158.21, a P/E/G ratio of 0.93 and a beta of 1.88. Ultra Clean has a one year low of $21.49 and a one year high of $144.22. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.25 and a current ratio of 2.73. The business’s 50 day moving average price is $100.24 and its 200 day moving average price is $77.92.

Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The company had revenue of $644.90 million during the quarter, compared to analysts’ expectations of $587.65 million. During the same quarter last year, the firm earned $0.27 earnings per share. The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities research analysts expect that Ultra Clean will post 2.67 EPS for the current year.

Insiders Place Their Bets

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the completion of the sale, the general counsel directly owned 22,941 shares of the company’s stock, valued at $2,050,237.17. The trade was a 3.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Emily M. Liggett sold 8,198 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the completion of the transaction, the director directly owned 38,152 shares of the company’s stock, valued at $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 43,534 shares of company stock valued at $3,906,434 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Quadrant Capital Group LLC grew its holdings in shares of Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 284 shares during the last quarter. Danske Bank A S boosted its holdings in shares of Ultra Clean by 450.0% in the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 900 shares during the period. AdvisorNet Financial Inc purchased a new position in shares of Ultra Clean during the first quarter worth approximately $34,000. Smartleaf Asset Management LLC grew its position in shares of Ultra Clean by 472.9% during the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 1,414 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Ultra Clean by 37.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 196 shares during the period. 96.06% of the stock is 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.