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 research report report published on Saturday morning.

Several other research analysts have also recently commented on UCTT. Zacks Research cut shares of Ultra Clean from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. TD Cowen raised their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday. Oppenheimer increased their price target on shares of Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday. Needham & Company LLC increased their price target on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Craig Hallum reissued a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a research report on Tuesday, February 24th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean currently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

Ultra Clean Stock Performance

Shares of UCTT opened at $74.61 on Friday. Ultra Clean has a one year low of $18.52 and a one year high of $84.43. The company has a 50-day moving average of $65.86 and a two-hundred day moving average of $44.59. The stock has a market cap of $3.34 billion, a price-to-earnings ratio of -17.39, a PEG ratio of 1.36 and a beta of 1.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.89.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company had revenue of $533.70 million during the quarter, compared to analysts’ expectations of $525.28 million. During the same period last year, the company posted $0.28 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, equities research analysts expect that Ultra Clean will post 2.04 earnings per share for the current year.

Institutional Trading of Ultra Clean

A number of hedge funds have recently made changes to their positions in UCTT. EverSource Wealth Advisors LLC lifted its position in shares of Ultra Clean by 148.9% in the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 554 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Ultra Clean by 40.3% in the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 284 shares in the last quarter. Danske Bank A S lifted its position in shares of Ultra Clean by 450.0% in the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc bought a new position in Ultra Clean during the first quarter valued at approximately $34,000. Finally, Smartleaf Asset Management LLC raised its position in Ultra Clean by 472.9% during the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 1,414 shares in the last quarter. 96.06% of the stock is 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.