Ultra Clean (NASDAQ:UCTT) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Ultra Clean to “buy” from “hold,” while analysts maintain a consensus “Moderate Buy” rating and an average price target of $129.
• Ultra Clean reported quarterly EPS of $0.70, beating estimates of $0.53, while revenue reached $644.9 million—up 24.3% year over year and above expectations.
• Shares opened at $87.25, well below the 12-month high of $144.22. Institutional investors own 96.06% of the company, while insiders have sold roughly $3.9 million in stock over the past 90 days.

Ultra Clean (NASDAQ:UCTT - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Sunday.

Other research analysts have also issued reports about the company. Zacks Research upgraded Ultra Clean from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 25th. Weiss Ratings cut shares of Ultra Clean from a "sell (d+)" rating to a "sell (d)" rating in a research note on Friday, July 24th. Needham & Company LLC lifted their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. TD Cowen boosted their target price on Ultra Clean from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday. Finally, Oppenheimer increased their price target on Ultra Clean from $115.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $129.00.

Ultra Clean Stock Performance

Shares of Ultra Clean stock opened at $87.25 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.72. The firm's fifty day simple moving average is $100.29 and its 200-day simple moving average is $77.42. The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of -167.79, a PEG ratio of 1.16 and a beta of 1.88. Ultra Clean has a 12 month low of $21.49 and a 12 month high of $144.22.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.17. The company had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The company's revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities analysts forecast that Ultra Clean will post 2.67 earnings per share for the current year.

Insider Activity at Ultra Clean

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of the company's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the transaction, the general counsel owned 22,941 shares of the company's stock, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the stock in a transaction 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 transaction, the insider owned 11,349 shares in the company, valued at $987,363. The trade was a 27.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 43,534 shares of company stock worth $3,906,434. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ultra Clean

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Ultra Clean during the second quarter worth about $986,722,000. Invesco Ltd. grew its position in shares of Ultra Clean by 63.1% in the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company's stock valued at $86,118,000 after purchasing an additional 1,315,407 shares during the period. Cooper Creek Partners Management LLC bought a new stake in Ultra Clean during the 1st quarter worth approximately $36,486,000. Millennium Management LLC increased its stake in Ultra Clean by 944.8% during the 4th quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company's stock worth $14,184,000 after purchasing an additional 506,363 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Ultra Clean by 348.7% during the 1st quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company's stock worth $35,167,000 after buying an additional 439,526 shares during the period. 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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