Key Points
- Ultra Clean insider Jeffrey Mckibben sold 4,205 shares on May 14 for about $365,835 at an average price of $87.00, reducing his ownership by 27.03%.
- The company recently reported better-than-expected quarterly results, with EPS of $0.31 versus $0.27 expected and revenue of $533.7 million, up 2.9% year over year.
- Analyst sentiment remains generally positive, with a Moderate Buy consensus and a target price of $104.40, while institutional investors continue to hold 96.06% of the stock.
Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) insider Jeffrey Mckibben sold 4,205 shares of Ultra Clean stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total value of $365,835.00. Following the completion of the transaction, the insider owned 11,349 shares of the company's stock, valued at approximately $987,363. The trade was a 27.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Ultra Clean Stock Performance
Shares of UCTT stock opened at $77.65 on Tuesday. 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 business has a 50 day moving average of $70.25 and a two-hundred day moving average of $48.53. Ultra Clean Holdings, Inc. has a 52 week low of $18.93 and a 52 week high of $88.50. The company has a market cap of $3.48 billion, a P/E ratio of -18.10, a PEG ratio of 1.20 and a beta of 1.94.
Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The company had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same period in the previous year, the firm posted $0.28 earnings per share. Ultra Clean'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. As a group, analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Zacks Research downgraded Ultra Clean from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 24th. Wall Street Zen upgraded Ultra Clean from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Oppenheimer boosted their price objective on Ultra Clean from $85.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 29th. Needham & Company LLC boosted their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Finally, UBS Group assumed coverage on Ultra Clean in a research report on Tuesday, May 5th. They set a "buy" rating and a $130.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $104.40.
Get Our Latest Stock Report on UCTT
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc bought a new position in shares of Ultra Clean in the first quarter valued at $34,000. EverSource Wealth Advisors LLC increased its holdings 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 buying an additional 196 shares in the last quarter. Quadrant Capital Group LLC increased its holdings 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 valued at $25,000 after buying an additional 284 shares in the last quarter. Danske Bank A S increased its holdings 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 valued at $28,000 after buying an additional 900 shares in the last quarter. Finally, KBC Group NV bought a new position in shares of Ultra Clean in the first quarter valued at $75,000. Institutional investors own 96.06% of the company's stock.
Ultra Clean Company Profile
(
Get Free Report)
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.
Further Reading
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