Ultra Clean Holdings Inc (NASDAQ:UCTT) CEO James P. Scholhamer sold 29,949 shares of the stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $27.05, for a total transaction of $810,120.45. Following the sale, the chief executive officer now directly owns 336,028 shares of the company’s stock, valued at approximately $9,089,557.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Ultra Clean Holdings Inc (NASDAQ:UCTT) traded down $0.22 during trading hours on Tuesday, reaching $25.35. 1,492,209 shares of the company’s stock traded hands, compared to its average volume of 1,350,000. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.06 and a quick ratio of 1.09. Ultra Clean Holdings Inc has a one year low of $11.86 and a one year high of $34.59. The firm has a market capitalization of $852.45, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 0.70 and a beta of 1.02.
Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.02). Ultra Clean had a net margin of 8.13% and a return on equity of 29.77%. The firm had revenue of $242.60 million during the quarter, compared to analyst estimates of $239.11 million. During the same period last year, the business earned $0.17 EPS. The firm’s revenue was up 65.9% compared to the same quarter last year. equities research analysts anticipate that Ultra Clean Holdings Inc will post 2.34 EPS for the current year.
A number of analysts recently issued reports on the stock. Cowen increased their target price on shares of Ultra Clean from $28.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 18th. ValuEngine downgraded shares of Ultra Clean from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 13th. Dougherty & Co increased their price objective on shares of Ultra Clean from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, October 24th. Zacks Investment Research downgraded shares of Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Finally, Needham & Company LLC lowered their price objective on shares of Ultra Clean from $36.00 to $34.00 and set a “buy” rating for the company in a research report on Thursday, October 26th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Ultra Clean currently has a consensus rating of “Buy” and a consensus price target of $32.00.
About Ultra Clean
Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.
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