Shares of Ultra Clean Holdings Inc. (NASDAQ:UCTT) saw an uptick in trading volume on Monday . 78,920 shares were traded during trading, a decline of 13% from the previous session’s volume of 90,670 shares.The stock last traded at $5.79 and had previously closed at $5.64.

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

The firm has a 50 day moving average of $5.73 and a 200 day moving average of $5.32. The stock’s market capitalization is $186.74 million.

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

Several institutional investors have recently added to or reduced their stakes in the stock. LSV Asset Management increased its position in Ultra Clean Holdings by 17.0% in the fourth quarter. LSV Asset Management now owns 565,973 shares of the company’s stock valued at $2,897,000 after buying an additional 82,250 shares during the period. Dimensional Fund Advisors LP boosted its stake in 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 valued at $8,092,000 after buying an additional 231,825 shares in the last quarter. Paradigm Capital Management Inc. NY boosted its stake in 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 valued at $6,863,000 after buying an additional 183,782 shares in the last quarter. Finally, Royce & Associates LLC boosted its stake in Ultra Clean Holdings by 2.5% in the fourth quarter. Royce & Associates LLC now owns 1,871,008 shares of the company’s stock valued at $9,580,000 after buying an additional 45,000 shares in the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.