Ultra Clean (NASDAQ:UCTT) Shares Gap Up – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $83.93, but opened at $89.27. Ultra Clean shares last traded at $97.6940, with a volume of 268,398 shares.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on UCTT shares. TD Cowen increased their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Oppenheimer increased their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Needham & Company LLC increased their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Ultra Clean currently has a consensus rating of “Buy” and an average target price of $107.40.

Ultra Clean Stock Performance

The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of -19.78, a price-to-earnings-growth ratio of 1.15 and a beta of 1.94. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. The stock’s fifty day simple moving average is $78.49 and its 200-day simple moving average is $54.84.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating 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 business had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. During the same period last year, the business earned $0.28 EPS. The company’s revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Analysts predict that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current year.

Insiders Place Their Bets

In other news, General Counsel Paul Yoonku Cho sold 944 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the sale, the general counsel directly owned 22,941 shares in the company, valued at approximately $2,050,237.17. This trade represents a 3.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total transaction of $365,835.00. Following the completion of the sale, the insider owned 11,349 shares in the company, valued at $987,363. The trade was a 27.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 49,919 shares of company stock worth $4,034,046. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ultra Clean

Hedge funds and other institutional investors have recently modified their holdings of the company. AdvisorNet Financial Inc acquired a new stake in shares of Ultra Clean in the 1st quarter valued at $34,000. EverSource Wealth Advisors LLC grew its position in shares of Ultra Clean by 37.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 196 shares during the last quarter. Quadrant Capital Group LLC grew its position 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 buying an additional 284 shares during the last quarter. Danske Bank A S grew its position 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 buying an additional 900 shares during the last quarter. Finally, KBC Group NV purchased a new position in shares of Ultra Clean in the 1st quarter valued at $75,000. 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.