Ultra Clean (NASDAQ:UCTT) Sets New 1-Year High on Analyst Upgrade

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares reached a new 52-week high on Thursday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $73.80 and last traded at $67.32, with a volume of 2243264 shares traded. The stock had previously closed at $71.96.

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

Insider Transactions at Ultra Clean

In other Ultra Clean news, Director David T. Ibnale sold 23,500 shares of the business’s stock in a transaction that occurred 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 owned 45,241 shares in the company, valued at approximately $1,204,767.83. The trade was a 34.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ultra Clean

Several institutional investors and hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of Ultra Clean by 148.9% during the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 554 shares during the period. Quadrant Capital Group LLC lifted its position in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares during the period. Danske Bank A S grew its position 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 worth $28,000 after purchasing an additional 900 shares during the period. Allworth Financial LP raised its stake in Ultra Clean by 237.6% during the 2nd quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 936 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 1,414 shares during the period. 96.06% of the stock is owned by hedge funds and other institutional investors.

Ultra Clean Trading Up 2.0%

The company has a current ratio of 3.19, a quick ratio of 1.91 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2.76 billion, a PE ratio of -15.17, a P/E/G ratio of 1.08 and a beta of 2.02. The stock has a 50 day moving average price of $43.40 and a 200-day moving average price of $32.06.

Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates 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 company posted $0.51 EPS. The firm’s 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. Sell-side analysts expect that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.

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.