NASDAQ:UCTT

Ultra Clean (UCTT) Stock Forecast, Price & News

$28.80

+0.17 (+0.59%)

(As of 09/25/2023 ET)

Compare

Today's Range: $28.25
▼
$28.97
50-Day Range: $28.63
▼
$38.10
52-Week Range: $23.32
▼
$40.80

Volume: 152,868 shs
Average Volume: 275,007 shs
Market Capitalization: $1.29 billion

P/E Ratio: 54.34
Dividend Yield: N/A
Price Target: $42.50

Ultra Clean MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.6% Upside
$42.50 Price Target
Short Interest: Healthy
1.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.48
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.59 out of 5 stars

Computer And Technology Sector

153rd out of 580 stocks

Semiconductors & Related Devices Industry

29th out of 87 stocks

3.5

Analyst's Opinion

Consensus Rating
Ultra Clean has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.50, Ultra Clean has a forecasted upside of 47.6% from its current price of $28.80.
Amount of Analyst Coverage
Ultra Clean has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.72% of the float of Ultra Clean has been sold short.
Short Interest Ratio / Days to Cover
Ultra Clean has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ultra Clean has recently decreased by 15.19%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ultra Clean does not currently pay a dividend.
Dividend Growth
Ultra Clean does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UCTT.

3.6

News and Social Media Coverage

News Sentiment
Ultra Clean has a news sentiment score of 1.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ultra Clean this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for UCTT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
2 people have added Ultra Clean to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ultra Clean insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Ultra Clean is held by insiders.
Percentage Held by Institutions
83.61% of the stock of Ultra Clean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ultra Clean is 54.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ultra Clean is 54.34, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 263.57.
Price to Book Value per Share Ratio
Ultra Clean has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ultra Clean (NASDAQ:UCTT) Stock

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. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. Ultra Clean Holdings, Inc. was founded in 1991 and is headquartered in Hayward, California.

UCTT Price History

30 days | 90 days | 365 days | Advanced Chart

UCTT Stock News Headlines

September 19, 2023 | americanbankingnews.com

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Receives Consensus Recommendation of "Buy" from Analysts

September 8, 2023 | msn.com

Ultra Clean Holdings: Risks A Selloff If The Expected Recovery Does Not Arrive

September 25, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

August 25, 2023 | markets.businessinsider.com

4 Analysts Have This to Say About Ultra Clean Hldgs

August 7, 2023 | finance.yahoo.com

Despite lower earnings than five years ago, Ultra Clean Holdings (NASDAQ:UCTT) investors are up 165% since then

August 4, 2023 | markets.businessinsider.com

This Stock Is 'Doing Incredibly Well': Jim Cramer Can't Believe It's Back Under $100

July 29, 2023 | msn.com

Craig-Hallum Upgrades Ultra Clean Hldgs (UCTT)

July 28, 2023 | finanznachrichten.de

Ultra Clean Holdings, Inc.: Ultra Clean Reports Second Quarter 2023 Financial Results

September 25, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

July 28, 2023 | finance.yahoo.com

Ultra Clean Reports Second Quarter 2023 Financial Results

July 28, 2023 | finance.yahoo.com

Q2 2023 Ultra Clean Holdings Inc Earnings Call

July 25, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Hold Rating on Ultra Clean Holdings (UCTT)

July 6, 2023 | msn.com

Ultra Clean Hldgs (UCTT) Price Target Increased by 16.83% to 40.12

July 5, 2023 | finance.yahoo.com

Ultra Clean Announces Q2 2023 Earnings Call and Webcast

June 22, 2023 | seekingalpha.com

Ultra Clean Holdings Is Nearing A Familiar Crossroad Once Again

June 14, 2023 | benzinga.com

Ultra Clean Hldgs President Trades Company's Stock

May 31, 2023 | benzinga.com

Ultra Clean Hldgs Director Trades $120K In Company Stock

May 21, 2023 | finance.yahoo.com

Ultra Clean Holdings, Inc.'s (NASDAQ:UCTT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

May 6, 2023 | finanznachrichten.de

Ultra Clean Holdings, Inc.: Ultra Clean Reports First Quarter 2023 Financial Results

April 28, 2023 | msn.com

Needham Maintains Ultra Clean Hldgs (UCTT) Buy Recommendation

April 28, 2023 | msn.com

TD Cowen Maintains Ultra Clean Hldgs (UCTT) Outperform Recommendation

April 27, 2023 | finance.yahoo.com

Q1 2023 Ultra Clean Holdings Inc Earnings Call

April 26, 2023 | seekingalpha.com

Ultra Clean Holdings, Inc. (UCTT) Q1 2023 Earnings Call Transcript

April 26, 2023 | markets.businessinsider.com

Ultra Clean Reports First Quarter 2023 Financial Results

April 9, 2023 | seekingalpha.com

Ultra Clean Holdings: Likely To Keep Trading Sideways (Technical Analysis)

February 24, 2023 | seekingalpha.com

Ultra Clean Holdings Inc (UCTT) Q4 2022 Earnings Call Transcript

February 11, 2023 | benzinga.com

Ultra Clean Holdings Stock (NASDAQ:UCTT), Quotes and News Summary

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UCTT Company Calendar

Last Earnings: 7/27/2023
Today: 9/25/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductor Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:UCTT
CUSIP: 90385V10
CIK: 1275014
Web: www.uct.com
Phone: (510) 576-4400
Fax: 510-576-4401
Employees: 7,765
Year Founded: 1991

Price Target and Rating

Average Stock Price Forecast: $42.50
High Stock Price Forecast: $60.00
Low Stock Price Forecast: $36.00
Forecasted Upside/Downside: +47.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.53
Trailing P/E Ratio: 54.34
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $40.40 million
Net Margins: 1.20%
Pretax Margin: 3.21%
Return on Equity: 10.30%
Return on Assets: 4.96%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 3.18
Quick Ratio: 1.82

Sales & Book Value

Annual Sales: $2.37 billion
Price / Sales: 0.54
Cash Flow: $5.28 per share
Price / Cash Flow: 5.45
Book Value: $20.59 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 44,800,000
Free Float: 43,863,000
Market Cap: $1.29 billion
Optionable: Optionable
Beta: 2.00

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Key Executives

Mr. James P. Scholhamer (Age 57)
CEO & Director
Comp: $1.64M

Ms. Sheri L. Savage (Age 52)
CFO & Sr. VP of Fin.
Comp: $983.68k

Mr. Vijayan S. Chinnasami (Age 57)
Chief Operating Officer
Comp: $1.18M

Mr. William Joseph Williams (Age 50)
Pres of Products Division

Mr. Jeffrey L. Mckibben (Age 60)
Chief Information Officer
Comp: $710.25k

Mr. Christopher S. Cook (Age 54)
Pres of Products Bus.
Comp: $720.18k

Mr. Brian E. Harding CPA (Age 42)
Sr. VP & Chief Accounting Officer

Ms. Rhonda M. Bennetto B.B.A.
Sr. VP of Investor Relations

Mr. Yoonku Cho (Age 45)
Gen. Counsel & Corp. Sec.

Cheryl Knepfler
Managing Director of Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UCTT Stock - Frequently Asked Questions

Should I buy or sell Ultra Clean stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ultra Clean in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UCTT shares.
View UCTT analyst ratings or view top-rated stocks.
What is Ultra Clean's stock price forecast for 2023?: 4 analysts have issued 12-month price objectives for Ultra Clean's stock. Their UCTT share price forecasts range from $36.00 to $60.00. On average, they expect the company's stock price to reach $42.50 in the next year. This suggests a possible upside of 47.6% from the stock's current price.
View analysts price targets for UCTT or view top-rated stocks among Wall Street analysts.
How have UCTT shares performed in 2023?: Ultra Clean's stock was trading at $33.15 at the beginning of the year. Since then, UCTT stock has decreased by 13.1% and is now trading at $28.80.
View the best growth stocks for 2023 here.
When is Ultra Clean's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our UCTT earnings forecast.
How were Ultra Clean's earnings last quarter?: Ultra Clean Holdings, Inc. (NASDAQ:UCTT) released its earnings results on Thursday, July, 27th. The semiconductor company reported $0.14 EPS for the quarter. The semiconductor company had revenue of $421.50 million for the quarter, compared to analyst estimates of $434.98 million. Ultra Clean had a trailing twelve-month return on equity of 10.30% and a net margin of 1.20%.
What ETFs hold Ultra Clean's stock?: ETFs with the largest weight of Ultra Clean (NASDAQ:UCTT) stock in their portfolio include Invesco Semiconductors ETF (PSI) and ProShares Nanotechnology ETF (TINY).Invesco S&P SmallCap Information Technology ETF (PSCT).
What guidance has Ultra Clean issued on next quarter's earnings?: Ultra Clean issued an update on its third quarter earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $0.08-$0.28 for the period, compared to the consensus EPS estimate of $0.27. The company issued revenue guidance of $405-$455 million, compared to the consensus revenue estimate of $436.00 million.
What is Jim Scholhamer's approval rating as Ultra Clean's CEO?: 35 employees have rated Ultra Clean Chief Executive Officer Jim Scholhamer on Glassdoor.com. Jim Scholhamer has an approval rating of 56% among the company's employees. This puts Jim Scholhamer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ultra Clean own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ultra Clean investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intelsat (I), Bank of America (BAC), Block (SQ), AMC Entertainment (AMC), Hello Group (MOMO), Cypress Semiconductor (CY) and Fossil Group (FOSL).
What is Ultra Clean's stock symbol?: Ultra Clean trades on the NASDAQ under the ticker symbol "UCTT."
Who are Ultra Clean's major shareholders?: Ultra Clean's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.68%), Dimensional Fund Advisors LP (6.07%), Shapiro Capital Management LLC (4.68%), State Street Corp (3.84%), Frontier Capital Management Co. LLC (3.58%) and Divisar Capital Management LLC (2.62%). Insiders that own company stock include Bill Bentinck, Clarence L Granger, David T Ibnale, Emily M Liggett, Jacqueline A Seto, James P Scholhamer, Jamie J Palfrey, Paul Yoonku Cho, Sheri Savage, Vijayan S Chinnasami and William Joe Williams.
View institutional ownership trends.
How do I buy shares of Ultra Clean?: Shares of UCTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ultra Clean's stock price today?: One share of UCTT stock can currently be purchased for approximately $28.80.
How much money does Ultra Clean make?: Ultra Clean (NASDAQ:UCTT) has a market capitalization of $1.29 billion and generates $2.37 billion in revenue each year. The semiconductor company earns $40.40 million in net income (profit) each year or $0.53 on an earnings per share basis.
How many employees does Ultra Clean have?: The company employs 7,765 workers across the globe.
How can I contact Ultra Clean?: Ultra Clean's mailing address is 26462 CORPORATE AVENUE, HAYWARD CA, 94545. The official website for the company is www.uct.com. The semiconductor company can be reached via phone at (510) 576-4400, via email at investors@uct.com, or via fax at 510-576-4401.

This page (NASDAQ:UCTT) was last updated on 9/25/2023 by MarketBeat.com Staff

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