Weiss Ratings Reiterates Sell (D-) Rating for Ultra Clean (NASDAQ:UCTT)

Key Points

• Weiss Ratings has reiterated a "Sell (D-)" rating for Ultra Clean (NASDAQ: UCTT), indicating ongoing concerns about the company's stock performance.
• Needham & Company has upgraded its target price for Ultra Clean from $26.00 to $30.00, while three analysts hold a "Buy" rating and one a "Sell" rating, reflecting mixed analyst sentiment.
• Ultra Clean reported earnings meeting expectations at $0.27 per share with revenue of $518.80 million, surpassing forecasts and showing a slight year-over-year increase.

Ultra Clean (NASDAQ:UCTT - Get Free Report)'s stock had its "sell (d-)" rating restated by Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

Separately, Needham & Company LLC raised their target price on shares of Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $30.67.

Ultra Clean Stock Up 0.4%

NASDAQ:UCTT traded up $0.11 during mid-day trading on Friday, hitting $29.99. The stock had a trading volume of 598,815 shares, compared to its average volume of 410,443. The stock has a 50-day simple moving average of $26.42 and a two-hundred day simple moving average of $23.39. The company has a market capitalization of $1.36 billion, a PE ratio of -8.87, a PEG ratio of 1.17 and a beta of 2.14. Ultra Clean has a twelve month low of $16.66 and a twelve month high of $40.64. 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 issued its earnings results on Monday, July 28th. The semiconductor company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $518.80 million for the quarter, compared to analysts' expectations of $500.83 million. Ultra Clean had a negative net margin of 7.15% and a positive return on equity of 5.32%. The firm's revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 earnings per share. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. On average, equities research analysts anticipate that Ultra Clean will post 1.09 EPS for the current year.

Hedge Funds Weigh In On Ultra Clean

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Ultra Clean by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 4,847,408 shares of the semiconductor company's stock valued at $103,783,000 after acquiring an additional 12,180 shares during the period. Frontier Capital Management Co. LLC increased its holdings in shares of Ultra Clean by 41.5% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 2,754,163 shares of the semiconductor company's stock valued at $62,161,000 after acquiring an additional 808,277 shares during the period. Invesco Ltd. increased its holdings in shares of Ultra Clean by 13.8% in the 2nd quarter. Invesco Ltd. now owns 1,913,576 shares of the semiconductor company's stock valued at $43,189,000 after acquiring an additional 231,901 shares during the period. Geode Capital Management LLC increased its holdings in shares of Ultra Clean by 4.1% in the 2nd quarter. Geode Capital Management LLC now owns 1,122,908 shares of the semiconductor company's stock valued at $25,347,000 after acquiring an additional 44,041 shares during the period. Finally, Paradigm Capital Management Inc. NY increased its holdings in shares of Ultra Clean by 15.2% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 758,200 shares of the semiconductor company's stock valued at $16,233,000 after acquiring an additional 100,000 shares during the period. 96.06% of the stock is owned by institutional investors and hedge funds.

About Ultra Clean

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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