Ultra Clean (NASDAQ:UCTT) Reaches New 52-Week High – Should You Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $88.50 and last traded at $83.7920, with a volume of 72506 shares traded. The stock had previously closed at $85.94.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UCTT. Oppenheimer lifted their price target on Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Craig Hallum reissued a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a research note on Tuesday, February 24th. TD Cowen boosted their price objective on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Needham & Company LLC boosted their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, UBS Group assumed coverage on Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $104.40.

Ultra Clean Price Performance

The stock has a 50 day simple moving average of $70.78 and a two-hundred day simple moving average of $48.87. The company has a market cap of $3.45 billion, a price-to-earnings ratio of -17.94, a price-to-earnings-growth ratio of 1.09 and a beta of 1.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 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 for the quarter, compared to analyst estimates of $525.28 million. During the same quarter in the prior year, the company posted $0.28 EPS. The company’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. On average, equities research analysts predict that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, General Counsel Paul Yoonku Cho sold 2,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $86.89, for a total value of $173,780.00. Following the transaction, the general counsel owned 15,844 shares of the company’s stock, valued at $1,376,685.16. This represents a 11.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Christopher S. Cook sold 11,903 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $75.31, for a total value of $896,414.93. Following the completion of the transaction, the insider directly owned 108,905 shares in the company, valued at approximately $8,201,635.55. This trade represents a 9.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 40,777 shares of company stock worth $3,193,989. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

Several institutional investors and hedge funds have recently modified their holdings of UCTT. EverSource Wealth Advisors LLC raised its holdings in shares of Ultra Clean by 148.9% in the 3rd 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 raised its holdings in shares of Ultra Clean by 40.3% in the 4th 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 during the period. Danske Bank A S raised its holdings in shares of 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 buying an additional 900 shares during the period. AdvisorNet Financial Inc purchased a new stake in shares of Ultra Clean in the 1st quarter valued at $34,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Ultra Clean by 472.9% in 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. Hedge funds and other institutional investors 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.