Ultra Clean Holdings Inc. (NASDAQ:UCTT) traded down 1.8% on Monday . The company traded as low as $5.77 and last traded at $5.93, with a volume of 90,615 shares trading hands. The stock had previously closed at $6.04.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th. Needham & Company LLC restated a “buy” rating and set a $7.00 price objective on shares of Ultra Clean Holdings in a research note on Friday, July 8th. Finally, Stifel Nicolaus cut shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 8th. 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 has an average rating of “Buy” and an average price target of $7.60.

The firm’s market cap is $192.23 million. The company has a 50 day moving average of $5.74 and a 200 day moving average of $5.34.

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

A number of hedge funds recently made changes to their positions in the stock. Royce & Associates LLC boosted its stake 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. LSV Asset Management boosted its stake 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. Paradigm Capital Management Inc. NY boosted its stake 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. Finally, Dimensional Fund Advisors LP boosted its stake 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.

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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