Ultra Clean (NASDAQ:UCTT) Trading Down 4.9% – Here’s What Happened

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price dropped 4.9% during mid-day trading on Thursday . The stock traded as low as $63.17 and last traded at $62.86. Approximately 46,829 shares were traded during mid-day trading, a decline of 96% from the average session volume of 1,301,092 shares. The stock had previously closed at $66.07.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on UCTT shares. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Oppenheimer raised their price objective on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Needham & Company LLC lifted their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. UBS Group reiterated a “buy” rating on shares of Ultra Clean in a report on Tuesday, August 4th. Finally, TD Cowen increased their price target on shares of Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean presently has a consensus rating of “Moderate Buy” and an average target price of $129.00.

Ultra Clean Trading Up 0.6%

The firm has a market capitalization of $2.98 billion, a PE ratio of -127.72, a PEG ratio of 0.70 and a beta of 1.88. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The business has a fifty day moving average price of $91.28 and a two-hundred day moving average price of $81.51.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.17. The firm had revenue of $644.90 million during the quarter, compared to the consensus estimate of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The company’s quarterly revenue was up 24.3% on a year-over-year basis. During the same period last year, the company earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Analysts expect that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Ultra Clean

Several large investors have recently made changes to their positions in UCTT. EverSource Wealth Advisors LLC boosted its stake in shares of Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 196 shares during the period. Kilter Group LLC acquired a new position in shares of Ultra Clean in the second quarter worth $30,000. Quadrant Capital Group LLC increased its position in shares of Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 284 shares during the period. ProShare Advisors LLC increased its position in shares of Ultra Clean by 2.7% during the fourth quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock worth $342,000 after acquiring an additional 350 shares during the period. Finally, Swiss National Bank raised its stake in shares of Ultra Clean by 0.4% in the first quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock valued at $5,584,000 after acquiring an additional 400 shares in the last quarter. 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.