Ultra Clean (NASDAQ:UCTT) Upgraded by Wall Street Zen to Buy Rating

Ultra Clean (NASDAQ:UCTT) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Tuesday.

A number of other analysts have also issued reports on UCTT. Needham & Company LLC lifted 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. TD Cowen upped their target price 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. UBS Group began coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target for the company. Oppenheimer lifted their price target on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 9th. Finally, Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ultra Clean presently has an average rating of “Buy” and a consensus price target of $107.40.

Ultra Clean Trading Down 10.4%

NASDAQ UCTT traded down $10.99 during mid-day trading on Tuesday, hitting $94.54. The company’s stock had a trading volume of 210,755 shares, compared to its average volume of 1,309,062. Ultra Clean has a 52-week low of $21.28 and a 52-week high of $144.22. The stock’s fifty day simple moving average is $95.84 and its two-hundred day simple moving average is $67.31. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The firm has a market capitalization of $4.24 billion, a P/E ratio of -22.14, a price-to-earnings-growth ratio of 1.42 and a beta of 1.83.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $525.28 million. During the same period in the previous year, the firm earned $0.28 earnings per share. Ultra Clean’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. Research analysts expect that Ultra Clean will post 2.14 EPS for the current year.

Insider Activity at Ultra Clean

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total value of $84,365.28. Following the transaction, the general counsel directly owned 22,941 shares of the company’s stock, valued at $2,050,237.17. This represents a 3.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the transaction, the senior vice president directly owned 16,446 shares in the company, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 80,106 shares of company stock worth $6,734,589 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc bought a new position in Ultra Clean during the 1st quarter valued at $34,000. EverSource Wealth Advisors LLC increased its position in shares of Ultra Clean by 37.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 196 shares during the last quarter. Quadrant Capital Group LLC increased its position 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 worth $25,000 after purchasing an additional 284 shares during the last quarter. Danske Bank A S raised its stake 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 purchasing an additional 900 shares in the last quarter. Finally, KBC Group NV acquired a new stake in shares of Ultra Clean in the 1st quarter valued at about $75,000. 96.06% of the stock is currently owned by institutional investors.

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.