Ultra Clean (NASDAQ:UCTT) Hits New 1-Year High – Still a Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $88.37 and last traded at $85.45, with a volume of 815030 shares changing hands. The stock had previously closed at $87.10.

Analyst Ratings Changes

UCTT has been the subject of a number of research analyst reports. Zacks Research cut Ultra Clean from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. UBS Group initiated coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price on the stock. Craig Hallum reaffirmed a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a research note on Tuesday, February 24th. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, TD Cowen upped their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.40.

Ultra Clean Stock Performance

The stock has a fifty day moving average of $68.74 and a 200-day moving average of $47.41. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $3.81 billion, a PE ratio of -19.82, a price-to-earnings-growth ratio of 1.16 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. During the same period in the prior year, the firm earned $0.28 earnings per share. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Equities analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total transaction of $692,846.52. Following the completion of the sale, the senior vice president directly owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher S. Cook sold 11,478 shares of Ultra Clean stock in a transaction on Monday, May 4th. The stock was sold at an average price of $73.96, for a total transaction of $848,912.88. Following the sale, the insider directly owned 97,427 shares of the company’s stock, valued at approximately $7,205,700.92. This trade represents a 10.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,572 shares of company stock valued at $2,828,154 over the last three months. 1.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UCTT. EverSource Wealth Advisors LLC increased its holdings in shares of Ultra Clean by 148.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 554 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 284 shares during the last quarter. Danske Bank A S increased its holdings in shares of Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 900 shares during the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of Ultra Clean during the 1st quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after buying an additional 1,414 shares during the last quarter. Hedge funds and other institutional investors own 96.06% of the company’s stock.

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.