Ultra Clean (NASDAQ:UCTT) Stock Price Down 9.4% – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price dropped 9.4% during mid-day trading on Monday . The company traded as low as $85.81 and last traded at $83.9920. 222,086 shares were traded during mid-day trading, a decline of 83% from the average session volume of 1,316,042 shares. The stock had previously closed at $92.75.

Analyst Upgrades and Downgrades

Several research firms have commented on UCTT. UBS Group started coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 target price on the stock. Weiss Ratings cut shares of Ultra Clean from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. TD Cowen lifted their price objective on shares of Ultra Clean from $100.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. 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 equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $113.40.

Ultra Clean Trading Down 10.7%

The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The business has a 50-day moving average of $100.50 and a 200-day moving average of $74.50. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of -19.34, a P/E/G ratio of 1.24 and a beta of 1.83.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. Ultra Clean’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. Research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current year.

Insider Activity

In other news, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the sale, the chief financial officer owned 50,710 shares in the company, valued at $4,537,023.70. This represents a 23.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the 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 sale, the insider directly owned 11,349 shares of the company’s stock, valued at approximately $987,363. The trade was a 27.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 80,106 shares of company stock worth $6,734,589. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Ultra Clean

Large investors have recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC bought a new position in shares of Ultra Clean in the 2nd quarter valued at about $62,000. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean in the 1st quarter valued at about $34,000. EverSource Wealth Advisors LLC raised its holdings 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 purchasing an additional 196 shares during the period. Quadrant Capital Group LLC lifted its stake in 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 purchasing an additional 284 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Ultra Clean in the 2nd quarter valued at about $141,000. Institutional investors and hedge funds 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.