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

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

Other research analysts also recently issued reports about the stock. Needham & Company LLC increased their price objective 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. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. UBS Group initiated coverage on Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price on the stock. TD Cowen lifted their target price on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Oppenheimer boosted their price target on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ultra Clean has a consensus rating of “Buy” and an average target price of $107.40.

Ultra Clean Price Performance

Shares of NASDAQ UCTT opened at $118.82 on Monday. Ultra Clean has a 12-month low of $21.28 and a 12-month high of $125.00. The company has a market cap of $5.33 billion, a P/E ratio of -27.70, a P/E/G ratio of 1.59 and a beta of 1.94. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. The stock has a fifty day moving average price of $90.80 and a 200 day moving average price of $63.36.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data 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 company had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. During the same quarter last year, the firm posted $0.28 earnings per share. The business’s quarterly revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Research analysts anticipate that Ultra Clean will post 2.14 EPS for the current fiscal year.

Insider Buying and Selling at Ultra Clean

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the 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 sale, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at $4,537,023.70. This trade represents a 23.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total value of $365,835.00. Following the completion of the sale, the insider owned 11,349 shares in the company, valued at $987,363. The trade was a 27.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 80,106 shares of company stock worth $6,734,589. 1.80% of the stock is owned by company insiders.

Institutional Trading of Ultra Clean

A number of large investors have recently modified their holdings of UCTT. Lombard Odier Asset Management Europe Ltd bought a new stake in Ultra Clean in the 1st quarter valued at about $3,197,000. Foguth Wealth Management LLC. bought a new position in Ultra Clean in the 1st quarter worth about $215,000. Liontrust Investment Partners LLP bought a new position in Ultra Clean in the 1st quarter worth about $2,411,000. Bank of America Corp DE increased its stake in shares of 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 valued at $28,231,000 after purchasing an additional 378,648 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 196 shares during the period. Institutional investors and hedge funds own 96.06% of the company’s stock.

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.