Ultra Clean (NASDAQ:UCTT) Shares Gap Up – Should You Buy?

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped up prior to trading on Thursday . The stock had previously closed at $100.91, but opened at $115.50. Ultra Clean shares last traded at $110.20, with a volume of 366,128 shares changing hands.

Analyst Upgrades and Downgrades

UCTT has been the topic of a number of research analyst reports. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. TD Cowen increased their price objective on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research report on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a report on Friday, June 26th. Finally, Oppenheimer increased their target price on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $113.40.

Ultra Clean Price Performance

The company has a market capitalization of $4.76 billion, a PE ratio of -24.77, a PEG ratio of 1.42 and a beta of 1.83. The firm has a fifty day moving average of $97.64 and a two-hundred day moving average of $69.14. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly 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 period last year, the company earned $0.28 EPS. Ultra Clean’s revenue for the quarter 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. Research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Insider Transactions at Ultra Clean

In related news, insider Christopher S. Cook sold 11,903 shares of Ultra Clean stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $75.31, for a total value of $896,414.93. Following the transaction, the insider directly owned 108,905 shares of the company’s stock, valued at $8,201,635.55. The trade was a 9.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the sale, the director directly owned 38,152 shares of the company’s stock, valued at $3,516,851.36. The trade was a 17.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 80,106 shares of company stock valued at $6,734,589. 1.80% of the stock is currently owned by insiders.

Institutional Trading of Ultra Clean

Institutional investors have recently modified their holdings of the company. Quadrant Capital Group LLC lifted its holdings in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after buying an additional 284 shares during the period. 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 worth $28,000 after buying an additional 900 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in shares of Ultra Clean during the first quarter valued at approximately $34,000. Smartleaf Asset Management LLC increased its stake in shares of Ultra Clean by 472.9% during the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 1,414 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Ultra Clean by 37.3% during the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 196 shares in the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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.