Ultra Clean (NASDAQ:UCTT) Trading 9.1% Higher - Time to Buy?

Key Points

• Ultra Clean Holdings, Inc. saw its stock price increase by 9.1%, closing at $28.28, with a significant decline in trading volume of 89% compared to its daily average.
• Analysts have a consensus Buy rating on the stock, with Needham & Company raising its price target from $26.00 to $30.00.
• The company reported earnings of $0.27 per share for the last quarter, matching analyst estimates, and a revenue of $518.80 million, slightly above expectations.

Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report)'s stock price rose 9.1% on Thursday . The company traded as high as $27.83 and last traded at $28.28. Approximately 54,648 shares changed hands during trading, a decline of 89% from the average daily volume of 507,783 shares. The stock had previously closed at $25.91.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC upped their target price on Ultra Clean from $26.00 to $30.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $30.67.

Ultra Clean Trading Up 9.0%

The stock has a market capitalization of $1.28 billion, a PE ratio of -8.35, a price-to-earnings-growth ratio of 1.02 and a beta of 2.14. The firm has a 50-day moving average price of $24.01 and a 200-day moving average price of $22.40. The company has a current ratio of 3.06, a quick ratio of 1.86 and a debt-to-equity ratio of 0.59.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Ultra Clean had a positive return on equity of 5.32% and a negative net margin of 7.15%.The company had revenue of $518.80 million during the quarter, compared to analyst estimates of $500.83 million. During the same quarter last year, the firm posted $0.32 EPS. The firm's revenue for the quarter was up .5% on a year-over-year basis. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. As a group, equities analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year.

Institutional Trading of Ultra Clean

Large investors have recently modified their holdings of the business. Pitcairn Co. lifted its position in Ultra Clean by 3.3% in the second quarter. Pitcairn Co. now owns 16,396 shares of the semiconductor company's stock valued at $370,000 after purchasing an additional 523 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Ultra Clean by 7.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,592 shares of the semiconductor company's stock valued at $262,000 after purchasing an additional 809 shares during the last quarter. Allworth Financial LP lifted its position in Ultra Clean by 237.6% in the second quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company's stock valued at $30,000 after purchasing an additional 936 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Ultra Clean by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,168 shares of the semiconductor company's stock valued at $905,000 after purchasing an additional 951 shares during the last quarter. Finally, Creative Planning lifted its position in Ultra Clean by 4.3% in the second quarter. Creative Planning now owns 23,137 shares of the semiconductor company's stock valued at $522,000 after purchasing an additional 958 shares during the last quarter. Institutional investors own 96.06% of the company's stock.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.

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