Should I buy or sell Ultra Clean stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ultra Clean in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UCTT shares. View UCTT analyst ratings or view top-rated stocks .

What is Ultra Clean's stock price target for 2024?

3 equities research analysts have issued 12-month target prices for Ultra Clean's shares. Their UCTT share price targets range from $47.00 to $60.00. On average, they anticipate the company's share price to reach $52.33 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts price targets for UCTT or view top-rated stocks among Wall Street analysts .

How have UCTT shares performed in 2024?

Ultra Clean's stock was trading at $34.14 at the start of the year. Since then, UCTT stock has increased by 27.2% and is now trading at $43.42. View the best growth stocks for 2024 here .

Are investors shorting Ultra Clean?

Ultra Clean saw a decrease in short interest in March. As of March 31st, there was short interest totaling 798,900 shares, a decrease of 18.3% from the March 15th total of 977,300 shares. Based on an average trading volume of 342,600 shares, the short-interest ratio is currently 2.3 days. Approximately 1.8% of the shares of the stock are short sold. View Ultra Clean's Short Interest .

When is Ultra Clean's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our UCTT earnings forecast .

How can I listen to Ultra Clean's earnings call?

Ultra Clean will be holding an earnings conference call on Monday, May 6th at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-517-4150 with passcode "78395 #".

How were Ultra Clean's earnings last quarter?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) issued its quarterly earnings results on Wednesday, February, 21st. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter. The semiconductor company earned $444.80 million during the quarter, compared to analysts' expectations of $444.99 million. Ultra Clean had a positive trailing twelve-month return on equity of 1.69% and a negative net margin of 1.79%.

What ETFs hold Ultra Clean's stock?

ETFs with the largest weight of Ultra Clean (NASDAQ:UCTT) stock in their portfolio include ProShares Nanotechnology ETF (TINY) , Invesco Semiconductors ETF (PSI) and Invesco S&P SmallCap Information Technology ETF (PSCT) . JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) .

What guidance has Ultra Clean issued on next quarter's earnings?

Ultra Clean issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 0.030-0.230 for the period, compared to the consensus estimate of 0.190. The company issued revenue guidance of $430.0 million-$480.0 million, compared to the consensus revenue estimate of $443.6 million.

What is Jim Scholhamer's approval rating as Ultra Clean's CEO?

35 employees have rated Ultra Clean Chief Executive Officer Jim Scholhamer on Glassdoor.com . Jim Scholhamer has an approval rating of 56% among the company's employees. This puts Jim Scholhamer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ultra Clean own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ultra Clean investors own include Micron Technology (MU) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Intelsat (I) , Bank of America (BAC) , Block (SQ) , AMC Entertainment (AMC) , Hello Group (MOMO) , Cypress Semiconductor (CY) and Fossil Group (FOSL) .

How do I buy shares of Ultra Clean?

Shares of UCTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Positive News SentimentPositive News

NASDAQ:UCTT

Ultra Clean (UCTT) Stock Price, News & Analysis

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Free UCTT Stock Alerts

$43.42

+0.88 (+2.07%)

(As of 04:00 PM ET)

Compare

Today's Range: $41.75
▼
$43.68
50-Day Range: $40.34
▼
$47.22
52-Week Range: $22.15
▼
$49.25

Volume: 217,286 shs
Average Volume: 327,579 shs
Market Capitalization: $1.94 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $52.33

Get Ultra Clean alerts:

Ultra Clean MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 20.5% Upside
$52.33 Price Target
Short Interest: Healthy
1.84% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.56
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.68 out of 5 stars

Computer And Technology Sector

466th out of 589 stocks

Semiconductors & Related Devices Industry

75th out of 88 stocks

2.5

Analyst's Opinion

Consensus Rating
Ultra Clean has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ultra Clean has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.84% of the float of Ultra Clean has been sold short.
Short Interest Ratio / Days to Cover
Ultra Clean has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ultra Clean has recently decreased by 18.25%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ultra Clean does not currently pay a dividend.
Dividend Growth
Ultra Clean does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UCTT.

3.1

News and Social Media Coverage

News Sentiment
Ultra Clean has a news sentiment score of 1.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ultra Clean this week, compared to 2 articles on an average week.
Search Interest
Only 8 people have searched for UCTT on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Ultra Clean to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ultra Clean insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Ultra Clean is held by insiders.
Percentage Held by Institutions
96.06% of the stock of Ultra Clean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ultra Clean is -62.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ultra Clean is -62.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ultra Clean has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Ultra Clean Stock (NASDAQ:UCTT)

Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.

UCTT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UCTT Stock News Headlines

April 15, 2024 | americanbankingnews.com

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Short Interest Down 18.3% in March

April 2, 2024 | prnewswire.com

Ultra Clean Announces Q1 2024 Earnings Call and Webcast

April 16, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 1, 2024 | prnewswire.com

Ultra Clean Earns Intel's 2024 EPIC Distinguished Supplier Award

March 2, 2024 | seekingalpha.com

Ultra Clean Holdings: The Rally May Be Getting Long In The Tooth

February 25, 2024 | msn.com

Ultra Clean Holdings (UCTT) Price Target Increased by 16.10% to 46.58

February 22, 2024 | benzinga.com

Ultra Clean Hldgs Stock (NASDAQ:UCTT), Short Interest Report

February 22, 2024 | benzinga.com

Ultra Clean Hldgs Stock (NASDAQ:UCTT) Dividends: History, Yield and Dates

April 16, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 21, 2024 | benzinga.com

Ultra Clean Hldgs: Q4 Earnings Insights

February 21, 2024 | wsj.com

Ultra Clean Holdings Inc.

February 21, 2024 | finance.yahoo.com

Ultra Clean Reports Fourth Quarter and Full Year 2023 Financial Results

February 21, 2024 | prnewswire.com

Ultra Clean Reports Fourth Quarter and Full Year 2023 Financial Results

February 20, 2024 | markets.businessinsider.com

Ultra Clean earnings: here's what to expect

February 17, 2024 | finance.yahoo.com

UCTT Mar 2024 40.000 call

February 17, 2024 | finance.yahoo.com

UCTT Apr 2024 50.000 call

January 3, 2024 | finance.yahoo.com

Ultra Clean to Participate in 26th Annual Needham Growth Conference

December 14, 2023 | seekingalpha.com

Ultra Clean Holdings: Wait For Cycle To Turn Before Buying

November 25, 2023 | morningstar.com

Ultra Clean Holdings Inc UCTT

November 6, 2023 | seekingalpha.com

Ultra Clean Holdings: Muddling Through

November 1, 2023 | finanznachrichten.de

Ultra Clean Holdings, Inc.: Ultra Clean Reports Third Quarter 2023 Financial Results

October 30, 2023 | finance.yahoo.com

Ultra Clean Announces Departure of Chief Operating Officer

October 27, 2023 | finance.yahoo.com

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Q3 2023 Earnings Call Transcript

October 26, 2023 | finance.yahoo.com

Q3 2023 Ultra Clean Holdings Inc Earnings Call

October 25, 2023 | seekingalpha.com

Ultra Clean Holdings, Inc. 2023 Q3 - Results - Earnings Call Presentation

October 24, 2023 | markets.businessinsider.com

Krish Sankar Maintains Buy Rating for Ultra Clean Holdings Despite Mixed Financial Outlook

October 23, 2023 | finanznachrichten.de

Ultra Clean Holdings, Inc.: Ultra Clean Pre-Announces Select Preliminary Q3 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: Semiconductor Equipment
Current Symbol: NASDAQ:UCTT
CUSIP: 90385V10
CIK: 1275014
Web: www.uct.com
Phone: (510) 576-4400
Fax: 510-576-4401
Employees: 7,184
Year Founded: 1991

Price Target and Rating

Average Stock Price Target: $52.33
High Stock Price Target: $60.00
Low Stock Price Target: $47.00
Potential Upside/Downside: +23.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.69)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,100,000.00
Net Margins: -1.79%
Pretax Margin: -0.65%
Return on Equity: 1.69%
Return on Assets: 0.83%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 2.88
Quick Ratio: 1.67

Sales & Book Value

Annual Sales: $1.73 billion
Price / Sales: 1.10
Cash Flow: $1.75 per share
Price / Cash Flow: 24.26
Book Value: $20.01 per share
Price / Book: 2.13

Miscellaneous

Outstanding Shares: 44,650,000
Free Float: 43,715,000
Market Cap: $1.90 billion
Optionable: Optionable
Beta: 2.03

Social Links

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Key Executives

Mr. James P. Scholhamer (Age 58)
CEO & Director
Comp: $1.64M
Ms. Sheri L. Savage (Age 53)
CFO & Senior VP of Finance
Comp: $983.68k
Mr. Jeffrey L. Mckibben (Age 61)
Chief Information Officer
Comp: $710.25k
Mr. Christopher S. Cook (Age 55)
President of Products Business
Comp: $720.18k
Mr. Brian E. Harding CPA (Age 43)
Senior VP & Chief Accounting Officer
Ms. Rhonda M. Bennetto B.B.A.
Senior Vice President of Investor Relations
Mr. Yoonku Cho (Age 46)
General Counsel & Corporate Secretary
Cheryl Knepfler
Managing Director of Marketing
Ms. Jamie J. Palfrey (Age 56)
Chief Human Resources Officer
Mr. William C. Bentinck (Age 62)
President of Services Division
Comp: $724.55k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UCTT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ultra Clean stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ultra Clean in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UCTT shares.
View UCTT analyst ratings or view top-rated stocks.
What is Ultra Clean's stock price target for 2024?: 3 equities research analysts have issued 12-month target prices for Ultra Clean's shares. Their UCTT share price targets range from $47.00 to $60.00. On average, they anticipate the company's share price to reach $52.33 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for UCTT or view top-rated stocks among Wall Street analysts.
How have UCTT shares performed in 2024?: Ultra Clean's stock was trading at $34.14 at the start of the year. Since then, UCTT stock has increased by 27.2% and is now trading at $43.42.
View the best growth stocks for 2024 here.
Are investors shorting Ultra Clean?: Ultra Clean saw a decrease in short interest in March. As of March 31st, there was short interest totaling 798,900 shares, a decrease of 18.3% from the March 15th total of 977,300 shares. Based on an average trading volume of 342,600 shares, the short-interest ratio is currently 2.3 days. Approximately 1.8% of the shares of the stock are short sold.
View Ultra Clean's Short Interest.
When is Ultra Clean's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our UCTT earnings forecast.
How can I listen to Ultra Clean's earnings call?: Ultra Clean will be holding an earnings conference call on Monday, May 6th at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-517-4150 with passcode "78395 #".

How were Ultra Clean's earnings last quarter?: Ultra Clean Holdings, Inc. (NASDAQ:UCTT) issued its quarterly earnings results on Wednesday, February, 21st. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter. The semiconductor company earned $444.80 million during the quarter, compared to analysts' expectations of $444.99 million. Ultra Clean had a positive trailing twelve-month return on equity of 1.69% and a negative net margin of 1.79%.
What ETFs hold Ultra Clean's stock?: ETFs with the largest weight of Ultra Clean (NASDAQ:UCTT) stock in their portfolio include ProShares Nanotechnology ETF (TINY), Invesco Semiconductors ETF (PSI) and Invesco S&P SmallCap Information Technology ETF (PSCT).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).
What guidance has Ultra Clean issued on next quarter's earnings?: Ultra Clean issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 0.030-0.230 for the period, compared to the consensus estimate of 0.190. The company issued revenue guidance of $430.0 million-$480.0 million, compared to the consensus revenue estimate of $443.6 million.
What is Jim Scholhamer's approval rating as Ultra Clean's CEO?: 35 employees have rated Ultra Clean Chief Executive Officer Jim Scholhamer on Glassdoor.com. Jim Scholhamer has an approval rating of 56% among the company's employees. This puts Jim Scholhamer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Ultra Clean own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ultra Clean investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intelsat (I), Bank of America (BAC), Block (SQ), AMC Entertainment (AMC), Hello Group (MOMO), Cypress Semiconductor (CY) and Fossil Group (FOSL).
How do I buy shares of Ultra Clean?: Shares of UCTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UCTT) was last updated on 4/16/2024 by MarketBeat.com Staff

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Ultra Clean (UCTT) Stock Price, News & Analysis

Ultra Clean MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ultra Clean Stock (NASDAQ:UCTT)

UCTT Stock Price History

UCTT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

UCTT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™