Ultra Clean Holdings (UCTT) Set to Announce Earnings on Monday
Ultra Clean Holdings (NASDAQ:UCTT) will be posting its Q313 quarterly earnings results on Monday, October 21st. Analysts expect Ultra Clean Holdings to post earnings of $0.09 per share and revenue of $107.65 million for the quarter. Ultra Clean Holdings has set its Q3 guidance at $0.06-0.12 EPS.
Ultra Clean Holdings (NASDAQ:UCTT) last issued its quarterly earnings data on Monday, July 22nd. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.01. The company had revenue of $110.10 million for the quarter, compared to the consensus estimate of $108.00 million. During the same quarter last year, the company posted $0.17 earnings per share. Ultra Clean Holdings’s revenue was up 8.0% compared to the same quarter last year. On average, analysts expect Ultra Clean Holdings to post $0.37 EPS for the current fiscal year and $0.58 EPS for the next fiscal year.
Shares of Ultra Clean Holdings (NASDAQ:UCTT) opened at 7.19 on Friday. Ultra Clean Holdings has a one year low of $4.33 and a one year high of $7.18. The stock’s 50-day moving average is $6.82 and its 200-day moving average is $6.38. The company’s market cap is $204.0 million.
A number of research firms have recently commented on UCTT. Analysts at Needham & Company raised their price target on shares of Ultra Clean Holdings to $9.00 in a research note to investors on Wednesday, July 24th. They now have a “buy” rating on the stock. On the ratings front, analysts at Northland Securities reiterated a “buy” rating on shares of Ultra Clean Holdings in a research note to investors on Tuesday, July 23rd. They now have a $8.00 price target on the stock. Finally, analysts at Piper Jaffray Cos. raised their price target on shares of Ultra Clean Holdings from $5.50 to $6.00 in a research note to investors on Tuesday, July 23rd. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $8.20.
Ultra Clean Holdings, Inc is a developer and supplier of critical subsystems, primarily for the semiconductor capital equipment industry.
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