Wall Street analysts expect that Ultra Clean Holdings Inc (NASDAQ:UCTT) will post earnings of $0.25 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Ultra Clean’s earnings, with the highest EPS estimate coming in at $0.27 and the lowest estimate coming in at $0.22. Ultra Clean posted earnings per share of $0.59 in the same quarter last year, which would indicate a negative year-over-year growth rate of 57.6%. The business is scheduled to issue its next quarterly earnings report on Wednesday, February 20th.

According to Zacks, analysts expect that Ultra Clean will report full-year earnings of $1.79 per share for the current financial year, with EPS estimates ranging from $1.75 to $1.81. For the next financial year, analysts forecast that the company will post earnings of $1.41 per share, with EPS estimates ranging from $1.10 to $1.80. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Ultra Clean.

Ultra Clean (NASDAQ:UCTT) last issued its earnings results on Tuesday, November 6th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.30. The firm had revenue of $234.08 million during the quarter, compared to analyst estimates of $224.06 million. Ultra Clean had a net margin of 5.38% and a return on equity of 19.76%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 earnings per share.

A number of analysts have recently issued reports on UCTT shares. Craig Hallum raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Needham & Company LLC started coverage on shares of Ultra Clean in a research note on Friday, December 21st. They set a “buy” rating and a $13.00 target price for the company. TheStreet lowered shares of Ultra Clean from a “b-” rating to a “c+” rating in a research note on Tuesday, October 9th. Zacks Investment Research raised shares of Ultra Clean from a “strong sell” rating to a “hold” rating in a research note on Friday, October 5th. Finally, BidaskClub raised shares of Ultra Clean from a “sell” rating to a “hold” rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. Ultra Clean has an average rating of “Buy” and an average price target of $20.20.

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its stake in Ultra Clean by 2.3% in the third quarter. BlackRock Inc. now owns 5,699,153 shares of the semiconductor company’s stock worth $71,524,000 after acquiring an additional 129,142 shares during the period. Dimensional Fund Advisors LP lifted its stake in Ultra Clean by 15.3% in the third quarter. Dimensional Fund Advisors LP now owns 3,164,512 shares of the semiconductor company’s stock worth $39,714,000 after acquiring an additional 419,419 shares during the period. Royce & Associates LP lifted its stake in Ultra Clean by 31.8% in the third quarter. Royce & Associates LP now owns 1,151,384 shares of the semiconductor company’s stock worth $14,450,000 after acquiring an additional 277,500 shares during the period. Smith Graham & Co. Investment Advisors LP lifted its stake in Ultra Clean by 8.9% in the third quarter. Smith Graham & Co. Investment Advisors LP now owns 1,150,122 shares of the semiconductor company’s stock worth $14,434,000 after acquiring an additional 93,670 shares during the period. Finally, Deutsche Bank AG lifted its stake in Ultra Clean by 432.1% in the third quarter. Deutsche Bank AG now owns 1,017,075 shares of the semiconductor company’s stock worth $12,761,000 after acquiring an additional 825,921 shares during the period. 83.51% of the stock is owned by institutional investors.

Shares of UCTT traded down $0.13 during trading hours on Tuesday, reaching $9.30. 4,402 shares of the company traded hands, compared to its average volume of 780,100. The firm has a market capitalization of $366.34 million, a P/E ratio of 3.98, a P/E/G ratio of 0.47 and a beta of 0.78. Ultra Clean has a 12-month low of $6.94 and a 12-month high of $27.20. The company has a current ratio of 2.76, a quick ratio of 1.63 and a debt-to-equity ratio of 0.74.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries primarily in North America, Asia, and Europe. It offers precision robotic systems that are used when accurate controlled motion is required; gas delivery systems, which include one or more gas lines consisting of small diameter internally polished stainless steel tubing products, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system; and various industrial and automation production equipment products.

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