Ultra Clean Holdings Inc. (NASDAQ:UCTT) fell 3.4% on Friday . The stock traded as low as $5.40 and last traded at $5.46, with a volume of 101,704 shares. The stock had previously closed at $5.65.

Several research firms recently weighed in on UCTT. Needham & Company LLC reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Ultra Clean Holdings in a report on Friday. Stifel Nicolaus downgraded shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a report on Friday. Finally, Zacks Investment Research downgraded shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, April 27th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $7.60.

The stock has a 50 day moving average price of $5.70 and a 200 day moving average price of $5.31. The company’s market capitalization is $182.22 million.

Ultra Clean Holdings (NASDAQ:UCTT) last issued its earnings results on Thursday, April 21st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.12. During the same quarter in the prior year, the business posted $0.14 EPS. The business earned $112.20 million during the quarter, compared to analysts’ expectations of $109.86 million. The company’s revenue was down 10.5% on a year-over-year basis. Equities analysts forecast that Ultra Clean Holdings Inc. will post $0.26 EPS for the current fiscal year.

Other institutional investors recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of Ultra Clean Holdings by 17.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,580,500 shares of the company’s stock worth $8,092,000 after buying an additional 231,825 shares during the period. Paradigm Capital Management Inc. NY boosted its position in shares of Ultra Clean Holdings by 15.9% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 1,340,400 shares of the company’s stock worth $6,863,000 after buying an additional 183,782 shares during the period. Royce & Associates LLC boosted its position in shares of Ultra Clean Holdings by 2.5% in the fourth quarter. Royce & Associates LLC now owns 1,871,008 shares of the company’s stock worth $9,580,000 after buying an additional 45,000 shares during the period. Finally, LSV Asset Management boosted its position in shares of Ultra Clean Holdings by 17.0% in the fourth quarter. LSV Asset Management now owns 565,973 shares of the company’s stock worth $2,897,000 after buying an additional 82,250 shares during the period.

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

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