Ultra Clean (NASDAQ:UCTT) Stock Price Expected to Rise, TD Cowen Analyst Says

Ultra Clean (NASDAQ:UCTT) had its price objective hoisted by stock analysts at TD Cowen from $30.00 to $35.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the semiconductor company’s stock. TD Cowen’s price objective would suggest a potential upside of 29.97% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ultra Clean in a research note on Wednesday, October 8th. Needham & Company LLC raised their price objective on shares of Ultra Clean from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $33.33.

Ultra Clean Trading Down 5.8%

Shares of UCTT stock opened at $26.93 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.86 and a current ratio of 3.21. Ultra Clean has a 52-week low of $16.66 and a 52-week high of $40.64. The company has a market capitalization of $1.22 billion, a PE ratio of -7.54, a price-to-earnings-growth ratio of 1.12 and a beta of 2.14. The business’s fifty day moving average is $26.92 and its 200 day moving average is $23.65.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. Ultra Clean had a positive return on equity of 5.15% and a negative net margin of 7.66%.The firm had revenue of $510.00 million for the quarter, compared to analysts’ expectations of $505.23 million. During the same quarter last year, the firm posted $0.35 EPS. The company’s revenue was down 5.6% compared to the same quarter last year. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. On average, equities research analysts anticipate that Ultra Clean will post 1.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Ultra Clean

A number of large investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC purchased a new position in Ultra Clean in the 3rd quarter worth $416,000. Amalgamated Bank increased its holdings in shares of Ultra Clean by 3.4% in the third quarter. Amalgamated Bank now owns 13,312 shares of the semiconductor company’s stock worth $363,000 after buying an additional 434 shares during the period. SG Americas Securities LLC purchased a new position in shares of Ultra Clean in the third quarter worth about $342,000. Romano Brothers AND Company increased its holdings in shares of Ultra Clean by 6.9% in the third quarter. Romano Brothers AND Company now owns 46,350 shares of the semiconductor company’s stock worth $1,266,000 after buying an additional 3,000 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Ultra Clean by 96.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 24,807 shares of the semiconductor company’s stock worth $728,000 after buying an additional 12,198 shares during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Company Profile

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.