Ultra Clean (NASDAQ:UCTT) Sets New 52-Week High – Still a Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) hit a new 52-week high during trading on Wednesday . The stock traded as high as $98.08 and last traded at $91.88, with a volume of 1545166 shares trading hands. The stock had previously closed at $83.93.

Analysts Set New Price Targets

A number of equities analysts have issued reports on UCTT shares. TD Cowen lifted their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Needham & Company LLC lifted their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Oppenheimer lifted their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, UBS Group started coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price for the company. Two investment 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $107.40.

Ultra Clean Trading Up 15.3%

The business’s fifty day moving average is $80.70 and its 200-day moving average is $56.40. The stock has a market capitalization of $4.70 billion, a PE ratio of -24.44, a P/E/G ratio of 1.21 and a beta of 1.94. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same period in the previous year, the firm earned $0.28 earnings per share. Ultra Clean’s revenue was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Insider Transactions at Ultra Clean

In related news, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the sale, the chief financial officer directly owned 50,710 shares in the company, valued at approximately $4,537,023.70. The trade was a 23.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Emily M. Liggett sold 8,198 shares of the business’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 transaction of $755,691.64. Following the completion of the sale, the director owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. The trade was a 17.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,106 shares of company stock valued at $6,734,589 in the last quarter. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

Institutional investors have recently bought and sold shares of the business. Goodman Financial Corp grew its stake in Ultra Clean by 3.7% during the fourth quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock worth $14,135,000 after buying an additional 20,011 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Ultra Clean during the fourth quarter worth approximately $564,000. JPMorgan Chase & Co. grew its stake in Ultra Clean by 90.6% during the third quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock worth $16,052,000 after buying an additional 279,953 shares during the period. Pinnacle Associates Ltd. lifted its position in shares of Ultra Clean by 55.7% during the third quarter. Pinnacle Associates Ltd. now owns 393,676 shares of the semiconductor company’s stock worth $10,728,000 after purchasing an additional 140,822 shares in the last quarter. Finally, Royce & Associates LP lifted its position in shares of Ultra Clean by 7.1% during the third quarter. Royce & Associates LP now owns 1,107,416 shares of the semiconductor company’s stock worth $30,177,000 after purchasing an additional 73,872 shares in the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

About Ultra Clean

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.