Ultra Clean (NASDAQ:UCTT) Upgraded at Zacks Research

Zacks Research upgraded shares of Ultra Clean (NASDAQ:UCTT) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other brokerages have also issued reports on UCTT. Oppenheimer raised their target price on shares of Ultra Clean from $35.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday. TD Cowen raised their price target on Ultra Clean from $35.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday. Needham & Company LLC upped their price objective on shares of Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Craig Hallum restated a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a report on Tuesday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Ultra Clean in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Ultra Clean currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.25.

Ultra Clean Stock Performance

NASDAQ UCTT opened at $60.68 on Thursday. The stock’s 50 day simple moving average is $43.40 and its 200-day simple moving average is $32.12. The company has a market cap of $2.76 billion, a PE ratio of -15.17, a price-to-earnings-growth ratio of 1.10 and a beta of 2.02. Ultra Clean has a 1-year low of $16.66 and a 1-year high of $73.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.91.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The business had revenue of $506.70 million for the quarter, compared to analysts’ expectations of $503.34 million. Ultra Clean had a positive return on equity of 3.88% and a negative net margin of 8.82%.The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter last year, the company earned $0.51 earnings per share. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, equities research analysts anticipate that Ultra Clean will post 1.09 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director David T. Ibnale sold 23,500 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $26.63, for a total value of $625,805.00. Following the sale, the director owned 45,241 shares of the company’s stock, valued at $1,204,767.83. This trade represents a 34.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is owned by corporate insiders.

Institutional Trading of Ultra Clean

Institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC grew its holdings in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 284 shares during the period. ProShare Advisors LLC grew its stake in shares of Ultra Clean by 2.7% in the 4th quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock worth $342,000 after purchasing an additional 350 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Ultra Clean by 1.6% in the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock worth $635,000 after purchasing an additional 400 shares in the last quarter. Amalgamated Bank lifted its stake in Ultra Clean by 3.4% during the third quarter. Amalgamated Bank now owns 13,312 shares of the semiconductor company’s stock valued at $363,000 after purchasing an additional 434 shares during the last quarter. Finally, Pitcairn Co. lifted its stake in Ultra Clean by 3.3% during the second quarter. Pitcairn Co. now owns 16,396 shares of the semiconductor company’s stock valued at $370,000 after purchasing an additional 523 shares during the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

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.