Ultra Clean (NASDAQ:UCTT) Sets New 1-Year High – Here’s What Happened

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $126.99 and last traded at $123.5130, with a volume of 4351 shares. The stock had previously closed at $121.28.

Analyst Ratings Changes

UCTT has been the subject of a number of research reports. Needham & Company LLC lifted their target price on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Craig Hallum reiterated a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a report on Tuesday, February 24th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. TD Cowen lifted their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday. Two investment 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. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $107.40.

Ultra Clean Price Performance

The stock has a 50 day simple moving average of $88.44 and a two-hundred day simple moving average of $61.47. The firm has a market cap of $5.00 billion, a PE ratio of -26.02, a price-to-earnings-growth ratio of 1.64 and a beta of 1.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07.

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

Insider Buying and Selling

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction that occurred 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 owned 50,710 shares in the company, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 that occurred on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total transaction of $365,835.00. Following the sale, the insider directly owned 11,349 shares in the company, valued at $987,363. The trade was a 27.03% decrease in their position. 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 in the last three months. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Ultra Clean

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in Ultra Clean by 37.3% during the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 196 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of Ultra Clean by 40.3% in the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 284 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of Ultra Clean by 2.7% during the 4th quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock worth $342,000 after buying an additional 350 shares during the period. State of Alaska Department of Revenue lifted its position in shares of Ultra Clean by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock valued at $635,000 after buying an additional 400 shares in the last quarter. Finally, Swiss National Bank lifted its position in shares of Ultra Clean by 0.4% during the 1st quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock valued at $5,584,000 after buying an additional 400 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.