Ultra Clean (NASDAQ:UCTT) Upgraded at Zacks Research

Ultra Clean (NASDAQ:UCTT) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

Several other research analysts have also weighed in on UCTT. Needham & Company LLC boosted their price objective on shares of Ultra Clean from $50.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday. Oppenheimer lifted their price target on Ultra Clean from $35.00 to $85.00 and gave the stock an “outperform” rating in a report on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research report on Monday, December 29th. TD Cowen raised their price objective on Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Craig Hallum reissued a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $81.25.

Ultra Clean Trading Up 2.0%

Shares of Ultra Clean stock opened at $60.68 on Thursday. The stock has a market cap of $2.76 billion, a P/E ratio of -15.17, a P/E/G ratio of 1.08 and a beta of 2.02. The company has a quick ratio of 1.91, a current ratio of 3.19 and a debt-to-equity ratio of 0.60. Ultra Clean has a 12-month low of $16.66 and a 12-month high of $73.80. The business’s 50 day moving average is $43.40 and its 200-day moving average is $32.06.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The firm had revenue of $506.70 million during the quarter, compared to the consensus estimate of $503.34 million. During the same period in the prior year, the business posted $0.51 earnings per share. Ultra Clean’s quarterly revenue was down 10.1% compared to the same quarter last year. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. Equities research analysts predict that Ultra Clean will post 1.09 earnings per share for the current fiscal year.

Insider Transactions at Ultra Clean

In related news, Director David T. Ibnale sold 23,500 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total value of $625,805.00. Following the completion of the sale, the director directly owned 45,241 shares in the company, valued at $1,204,767.83. The trade was a 34.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Ultra Clean

A number of hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of Ultra Clean by 148.9% in the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 554 shares during the period. Quadrant Capital Group LLC raised its stake in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 284 shares in the last quarter. Danske Bank A S boosted its holdings in Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares during the period. Allworth Financial LP grew its position in shares of Ultra Clean by 237.6% during the 2nd quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 936 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Ultra Clean during the third quarter worth approximately $45,000. 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.