Ultra Clean (NASDAQ:UCTT) Raised to Strong-Buy at Zacks Research

Ultra Clean (NASDAQ:UCTT) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on UCTT. TD Cowen boosted their price objective on Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday. Needham & Company LLC upped their price target on shares of Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday. Craig Hallum reiterated a “buy” rating and set a $100.00 price target on shares of Ultra Clean in a research note on Tuesday. Weiss Ratings restated a “sell (d)” rating on shares of Ultra Clean in a research note on Monday, December 29th. Finally, Oppenheimer upped their target price on shares of Ultra Clean from $35.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $81.25.

Ultra Clean Trading Up 2.0%

NASDAQ:UCTT traded up $1.21 on Thursday, reaching $60.68. 7,132,609 shares of the company’s stock were exchanged, compared to its average volume of 1,547,805. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of -15.17, a price-to-earnings-growth ratio of 1.08 and a beta of 2.02. Ultra Clean has a 52-week low of $16.66 and a 52-week high of $73.80. The company has a quick ratio of 1.91, a current ratio of 3.19 and a debt-to-equity ratio of 0.60. The business has a fifty day moving average of $43.40 and a 200-day moving average of $32.06.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The company had revenue of $506.70 million during the quarter, compared to analysts’ expectations of $503.34 million. Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The company’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter last year, the business posted $0.51 earnings per share. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, analysts expect that Ultra Clean will post 1.09 earnings per share for the current year.

Insider Transactions at Ultra Clean

In related news, Director David T. Ibnale sold 23,500 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $26.63, for a total transaction of $625,805.00. Following the sale, the director owned 45,241 shares of the company’s stock, valued at approximately $1,204,767.83. The trade was a 34.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Ultra Clean

Several hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its stake in shares of Ultra Clean by 148.9% during 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 grew its holdings in 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 purchasing an additional 284 shares during the period. Danske Bank A S increased its position in Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares during the last quarter. Allworth Financial LP increased its position in Ultra Clean by 237.6% during the second quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 936 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Ultra Clean by 472.9% during the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares during the period. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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.