Ultra Clean (NASDAQ:UCTT) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Ultra Clean (NASDAQ:UCTT) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

A number of other analysts have also issued reports on UCTT. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. TD Cowen raised their price target on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. 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 research note on Wednesday, April 29th. Craig Hallum reissued a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a research note on Tuesday, February 24th. Finally, UBS Group started coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $104.40.

Ultra Clean Stock Up 4.1%

UCTT opened at $87.46 on Monday. 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 firm has a market cap of $3.92 billion, a P/E ratio of -20.39, a PEG ratio of 1.18 and a beta of 1.94. Ultra Clean has a 52 week low of $18.93 and a 52 week high of $88.50. The business’s fifty day simple moving average is $73.56 and its 200 day simple moving average is $50.85.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $525.28 million. During the same period last year, the company earned $0.28 EPS. The firm’s quarterly 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, equities research analysts anticipate that Ultra Clean will post 2.04 EPS for the current fiscal year.

Insider Buying and Selling

In other Ultra Clean news, insider Christopher S. Cook sold 11,478 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $73.96, for a total transaction of $848,912.88. Following the completion of the sale, the insider owned 97,427 shares in the company, valued at $7,205,700.92. This trade represents a 10.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Paul Yoonku Cho sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $86.89, for a total value of $173,780.00. Following the sale, the general counsel owned 15,844 shares of the company’s stock, valued at approximately $1,376,685.16. This trade represents a 11.21% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 40,777 shares of company stock valued at $3,193,989. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

A number of hedge funds have recently bought and sold shares of UCTT. EverSource Wealth Advisors LLC grew its stake in Ultra Clean by 148.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 554 shares in the last quarter. Quadrant Capital Group LLC grew its stake in Ultra Clean by 40.3% during the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares in the last quarter. Danske Bank A S grew its stake in Ultra Clean by 450.0% during the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in Ultra Clean during the 1st quarter valued at approximately $34,000. Finally, Smartleaf Asset Management LLC grew its stake in Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 1,414 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

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.