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Ultra Clean Holdings (NASDAQ:UCTT) has been given a consensus rating of “Buy” by the eight ratings firms that are currently covering the company, American Banking reports. Seven investment analysts have rated the stock with a buy recommendation, The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $12.79.

Ultra Clean Holdings (NASDAQ:UCTT) opened at 10.07 on Friday. Ultra Clean Holdings has a one year low of $6.50 and a one year high of $15.00. The stock’s 50-day moving average is $9.20 and its 200-day moving average is $10.5. The company has a market cap of $296.4 million and a P/E ratio of 13.94.

Ultra Clean Holdings (NASDAQ:UCTT) last released its earnings data on Monday, July 21st. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.03. The company had revenue of $132.70 million for the quarter, compared to the consensus estimate of $130.05 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The company’s quarterly revenue was up 20.5% on a year-over-year basis. On average, analysts predict that Ultra Clean Holdings will post $0.84 earnings per share for the current fiscal year.

Separately, analysts at Roth Capital upgraded shares of Ultra Clean Holdings from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 22nd. They now have a $12.00 price target on the stock.

Ultra Clean Holdings, Inc is a developer and supplier of critical subsystems, primarily for the semiconductor capital equipment industry.

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