Ultra Clean (NASDAQ:UCTT) Shares Gap Up – Here’s Why

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped up prior to trading on Tuesday . The stock had previously closed at $91.76, but opened at $97.52. Ultra Clean shares last traded at $97.5810, with a volume of 84,529 shares trading hands.

Analyst Ratings Changes

A number of analysts have commented on UCTT shares. Oppenheimer boosted their price objective on Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Needham & Company LLC lifted their target price on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, TD Cowen upped their price target on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $113.40.

Ultra Clean Stock Performance

The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07. The stock has a market cap of $4.55 billion, a PE ratio of -23.65, a price-to-earnings-growth ratio of 1.40 and a beta of 1.83. The company’s 50 day simple moving average is $100.08 and its 200 day simple moving average is $73.54.

Ultra Clean (NASDAQ:UCTT) last posted 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. The firm had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Analysts expect that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current year.

Insiders Place Their Bets

In other Ultra Clean news, Director Emily M. Liggett sold 8,198 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total value of $755,691.64. Following the transaction, the director owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. The trade was a 17.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the transaction, the senior vice president owned 16,446 shares of the company’s stock, valued at $1,311,075.12. This trade represents a 34.57% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 80,106 shares of company stock valued at $6,734,589. 1.80% of the stock is currently owned by insiders.

Institutional Trading of Ultra Clean

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Ultra Clean by 6.2% in the fourth quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after acquiring an additional 293,048 shares during the last quarter. Invesco Ltd. increased its stake in shares of Ultra Clean by 63.1% during the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after purchasing an additional 1,315,407 shares during the last quarter. State Street Corp raised its holdings in shares of Ultra Clean by 5.0% in the 4th quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after purchasing an additional 87,931 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Ultra Clean by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after purchasing an additional 43,987 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Ultra Clean by 90.6% in the third quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock valued at $16,052,000 after purchasing an additional 279,953 shares during the last quarter. Hedge funds and other institutional investors own 96.06% of the company’s stock.

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.