Ultra Clean (NASDAQ:UCTT) Rating Increased to Buy at Wall Street Zen

Ultra Clean (NASDAQ:UCTT) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Sunday.

Several other equities analysts have also commented on UCTT. Craig Hallum restated a “buy” rating and set a $100.00 price target on shares of Ultra Clean in a research note on Tuesday, February 24th. TD Cowen upped their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Oppenheimer upped their price objective on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 9th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, UBS Group began 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 on the stock. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $107.40.

Ultra Clean Price Performance

Shares of NASDAQ:UCTT opened at $121.28 on Friday. Ultra Clean has a 52-week low of $19.51 and a 52-week high of $123.37. The stock has a market cap of $5.44 billion, a P/E ratio of -28.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.94. The business’s 50 day moving average is $86.72 and its 200 day moving average is $59.94. 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 issued its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million during the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.Ultra Clean’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Sell-side analysts predict that Ultra Clean will post 2.14 EPS for the current year.

Insider Activity at Ultra Clean

In other Ultra Clean news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the transaction, the senior vice president directly owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. The trade was a 34.57% 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. Also, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have 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

A number of institutional investors have recently made changes to their positions in the business. Invesco Ltd. grew its stake in Ultra Clean by 63.1% during the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares during the last quarter. Cooper Creek Partners Management LLC purchased a new stake in Ultra Clean in the first quarter valued at about $36,486,000. Millennium Management LLC raised its stake in Ultra Clean by 944.8% in the fourth quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock valued at $14,184,000 after buying an additional 506,363 shares during the last quarter. SG Americas Securities LLC raised its stake in Ultra Clean by 348.7% in the first quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock valued at $35,167,000 after buying an additional 439,526 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Ultra Clean by 502.4% in the first quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock worth $28,231,000 after acquiring an additional 378,648 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Company Profile

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.