Ultra Clean (NASDAQ:UCTT) Hits New 1-Year High - Here's Why

Key Points

• Ultra Clean hit a new 52-week high (intraday high $87.68, last $83.14) as several firms raised targets — Needham to $92 and Oppenheimer to $100 — leaving a consensus rating of Moderate Buy and an average price target of $104.40.
• The company reported an EPS beat for the quarter ($0.31 vs. $0.27 est.) and revenue of $533.7M (up 2.9% YoY), and set Q2 guidance at $0.44–$0.60 EPS with analysts forecasting ~2.04 EPS for the year.
• An insider (Christopher S. Cook) recently sold 11,903 shares for ~$896k (reducing his stake ~9.85%), while institutional investors collectively own about 96.06% of the stock.

Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as $87.68 and last traded at $83.14, with a volume of 156700 shares. The stock had previously closed at $83.14.

Analysts Set New Price Targets

UCTT has been the subject of several recent analyst reports. Needham & Company LLC upped 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. Oppenheimer upped their target price on shares of Ultra Clean from $85.00 to $100.00 and gave the stock an "outperform" rating in a report on Wednesday, April 29th. Wall Street Zen raised shares of Ultra Clean from a "hold" rating to a "buy" rating in a report on Saturday. Craig Hallum reaffirmed a "buy" rating and issued a $100.00 target price on shares of Ultra Clean in a report on Tuesday, February 24th. Finally, Zacks Research downgraded shares of Ultra Clean from a "strong-buy" rating to a "hold" rating in a report on Friday, April 24th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.40.

Ultra Clean Price Performance

The firm's fifty day simple moving average is $66.34 and its 200 day simple moving average is $45.08. The firm has a market cap of $3.75 billion, a P/E ratio of -19.53, a P/E/G ratio of 1.02 and a beta of 1.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The business had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same quarter in the prior year, the firm earned $0.28 EPS. The business'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. As a group, analysts forecast that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.

Insider Activity at Ultra Clean

In other Ultra Clean news, insider Christopher S. Cook sold 11,903 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $75.31, for a total transaction of $896,414.93. Following the completion of the transaction, the insider owned 108,905 shares of the company's stock, valued at $8,201,635.55. This represents a 9.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in UCTT. AdvisorNet Financial Inc purchased a new stake in shares of Ultra Clean during the 1st quarter valued at about $34,000. EverSource Wealth Advisors LLC raised its position 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 buying an additional 554 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Ultra Clean by 40.3% during the 4th 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 raised its position in shares of Ultra Clean by 450.0% during the 4th 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, Advisory Services Network LLC purchased a new stake in shares of Ultra Clean during the 3rd quarter valued at about $45,000. Institutional investors 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.

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