Ultra Clean (NASDAQ:UCTT) Shares Gap Up – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped up prior to trading on Thursday . The stock had previously closed at $41.10, but opened at $43.72. Ultra Clean shares last traded at $44.1640, with a volume of 294,494 shares.

Analysts Set New Price Targets

Several equities analysts recently weighed in on UCTT shares. TD Cowen increased their target price on Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Oppenheimer reaffirmed an “outperform” rating on shares of Ultra Clean in a report on Wednesday, October 29th. Needham & Company LLC upped their target price on shares of Ultra Clean from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Ultra Clean in a research note on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean presently has an average rating of “Moderate Buy” and a consensus price target of $33.33.

Ultra Clean Stock Up 7.5%

The firm has a market cap of $2.00 billion, a P/E ratio of -12.41, a price-to-earnings-growth ratio of 1.11 and a beta of 1.95. The firm’s 50-day moving average price is $26.84 and its 200 day moving average price is $26.05. The company has a quick ratio of 1.91, a current ratio of 3.21 and a debt-to-equity ratio of 0.60.

Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Tuesday, October 28th. The semiconductor company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. The firm had revenue of $510.00 million during the quarter, compared to analysts’ expectations of $505.23 million. Ultra Clean had a negative net margin of 7.66% and a positive return on equity of 5.15%. Ultra Clean’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. As a group, research analysts expect that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.

Insider Buying and Selling

In other Ultra Clean news, Director David T. Ibnale sold 23,500 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total value of $625,805.00. Following the transaction, the director owned 45,241 shares of the company’s stock, valued at approximately $1,204,767.83. This represents a 34.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

A number of institutional investors and hedge funds have recently modified their holdings of UCTT. Frontier Capital Management Co. LLC raised its holdings in shares of Ultra Clean by 41.5% during the second 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. JPMorgan Chase & Co. raised its stake in Ultra Clean by 90.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock valued at $16,052,000 after purchasing an additional 279,953 shares during the period. Invesco Ltd. lifted its holdings in shares of Ultra Clean by 13.8% in the second quarter. Invesco Ltd. now owns 1,913,576 shares of the semiconductor company’s stock valued at $43,189,000 after purchasing an additional 231,901 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Ultra Clean by 360.3% in the second quarter. BNP Paribas Financial Markets now owns 271,843 shares of the semiconductor company’s stock worth $6,135,000 after buying an additional 212,791 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Ultra Clean during the second quarter valued at $4,347,000. 96.06% of the stock is owned by institutional investors and hedge funds.

About Ultra Clean

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean’s product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.