Ultra Clean (NASDAQ:UCTT) Reaches New 52-Week High – Here’s Why

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price hit a new 52-week high on Friday . The stock traded as high as $79.14 and last traded at $77.73, with a volume of 35637 shares trading hands. The stock had previously closed at $76.44.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on UCTT shares. TD Cowen boosted their price objective on Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Craig Hallum reissued a “buy” rating and issued a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Oppenheimer boosted their price objective on Ultra Clean from $35.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Finally, Needham & Company LLC boosted their price objective on Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $81.25.

Ultra Clean Stock Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.89. The stock has a market capitalization of $3.62 billion, a P/E ratio of -19.88, a price-to-earnings-growth ratio of 1.39 and a beta of 1.81. The company has a fifty day moving average of $61.59 and a two-hundred day moving average of $41.43.

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

Hedge Funds Weigh In On Ultra Clean

A number of hedge funds and other institutional investors have recently bought and sold shares of UCTT. Royal Bank of Canada boosted its stake in Ultra Clean by 35.8% in the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after acquiring an additional 6,841 shares during the period. AQR Capital Management LLC boosted its stake in Ultra Clean by 16.9% in the first quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock valued at $4,256,000 after acquiring an additional 28,690 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Ultra Clean by 5.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock valued at $566,000 after acquiring an additional 1,257 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Ultra Clean by 18.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock valued at $1,822,000 after acquiring an additional 13,005 shares during the period. Finally, Jane Street Group LLC boosted its stake in Ultra Clean by 1,987.5% in the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after acquiring an additional 141,114 shares during the period. 96.06% of the stock is currently 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.