Ultra Clean (NASDAQ:UCTT) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Ultra Clean (NASDAQ:UCTT) from a hold rating to a buy rating in a report published on Sunday.

UCTT has been the subject of a number of other reports. Needham & Company LLC boosted their price objective on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. TD Cowen raised their target price on shares of Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. UBS Group reiterated a “buy” rating on shares of Ultra Clean in a research note on Tuesday, August 4th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Finally, Weiss Ratings downgraded shares of Ultra Clean from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $129.00.

Ultra Clean Price Performance

Ultra Clean stock opened at $87.25 on Friday. The firm has a market capitalization of $3.91 billion, a P/E ratio of -167.79, a P/E/G ratio of 0.93 and a beta of 1.88. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. Ultra Clean has a twelve month low of $21.49 and a twelve month high of $144.22. The stock’s fifty day simple moving average is $100.29 and its 200-day simple moving average is $77.65.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The firm had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. During the same period last year, the business posted $0.27 earnings per share. Ultra Clean’s revenue was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities analysts expect that Ultra Clean will post 2.67 earnings per share for the current fiscal year.

Insider Transactions at Ultra Clean

In other Ultra Clean news, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the sale, the director directly owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. This trade represents a 17.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total value of $365,835.00. Following the completion of the transaction, the insider directly owned 11,349 shares in the company, valued at approximately $987,363. The trade was a 27.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 43,534 shares of company stock worth $3,906,434 over the last three months. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ultra Clean

Hedge funds and other institutional investors have recently bought and sold shares of the company. Maverick Capital Ltd. acquired a new stake in shares of Ultra Clean in the 1st quarter worth $1,263,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ultra Clean during the fourth quarter worth about $564,000. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of Ultra Clean during the first quarter worth about $710,000. Castleark Management LLC purchased a new position in Ultra Clean during the first quarter worth about $6,226,000. Finally, Lombard Odier Asset Management Europe Ltd purchased a new position in Ultra Clean during the first quarter worth about $3,197,000. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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.