Ultra Clean (NASDAQ:UCTT) Rating Lowered to Hold at Wall Street Zen

Ultra Clean (NASDAQ:UCTT) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

Other equities research analysts also recently issued research reports about the stock. UBS Group initiated coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 target price on the stock. Craig Hallum restated a “buy” rating and issued a $100.00 target price on shares of Ultra Clean in a research note on Tuesday, February 24th. Needham & Company LLC boosted their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. TD Cowen lifted their price target on Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Oppenheimer lifted their price target on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $107.40.

Ultra Clean Stock Up 3.9%

Shares of NASDAQ:UCTT opened at $108.90 on Friday. Ultra Clean has a 52 week low of $19.51 and a 52 week high of $110.25. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07. The company’s fifty day moving average is $81.61 and its 200-day moving average is $56.77. The company has a market capitalization of $4.88 billion, a PE ratio of -25.38, a P/E/G ratio of 1.40 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTT) last issued its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating the consensus estimate 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 company had revenue of $533.70 million for the quarter, compared to the consensus estimate of $525.28 million. During the same quarter in the previous year, the company earned $0.28 EPS. The firm’s revenue for the quarter 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. Equities research analysts predict that Ultra Clean will post 2.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jeffrey L. Mckibben sold 4,205 shares of Ultra Clean stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $87.00, for a total value of $365,835.00. Following the completion of the transaction, the insider directly owned 11,349 shares of the company’s stock, valued at $987,363. The trade was a 27.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the transaction, the senior vice president directly owned 16,446 shares of the company’s stock, valued at $1,311,075.12. This represents a 34.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 80,106 shares of company stock valued at $6,734,589 over the last three months. Company insiders own 1.80% of the company’s stock.

Institutional Trading of Ultra Clean

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Foguth Wealth Management LLC. bought a new stake in Ultra Clean during the 1st quarter worth about $215,000. Liontrust Investment Partners LLP bought a new stake in Ultra Clean during the 1st quarter worth about $2,411,000. Bank of America Corp DE raised its holdings in Ultra Clean by 502.4% during the 1st quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock worth $28,231,000 after purchasing an additional 378,648 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Ultra Clean by 37.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 196 shares during the last quarter. Finally, California State Teachers Retirement System raised its holdings in Ultra Clean by 24.3% during the 1st quarter. California State Teachers Retirement System now owns 51,643 shares of the semiconductor company’s stock worth $3,211,000 after purchasing an additional 10,084 shares during the last quarter. 96.06% of the stock is owned by 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.