Ultra Clean (NASDAQ:UCTT) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Ultra Clean (NASDAQ:UCTT) from a hold rating to a strong-buy rating in a research note published on Thursday,Zacks.com reports.

A number of other brokerages have also recently weighed in on UCTT. Oppenheimer raised their price target on Ultra Clean from $35.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday. Craig Hallum restated a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a report on Tuesday. TD Cowen upped their price target on shares of Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday. Needham & Company LLC increased their price target on shares of Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $81.25.

Ultra Clean Price Performance

Ultra Clean stock traded up $1.21 during mid-day trading on Thursday, reaching $60.68. The company had a trading volume of 7,132,609 shares, compared to its average volume of 1,547,805. The stock’s 50-day simple moving average is $43.40 and its 200-day simple moving average is $32.06. Ultra Clean has a 1 year low of $16.66 and a 1 year high of $73.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.91. The company has a market capitalization of $2.76 billion, a P/E ratio of -15.17, a P/E/G ratio of 1.08 and a beta of 2.02.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Monday, February 23rd. The semiconductor company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). Ultra Clean had a positive return on equity of 3.88% and a negative net margin of 8.82%.The firm had revenue of $506.70 million for the quarter, compared to analysts’ expectations of $503.34 million. During the same period last year, the firm earned $0.51 EPS. Ultra Clean’s revenue was down 10.1% compared to the same quarter last year. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. On average, equities analysts predict that Ultra Clean will post 1.09 EPS for the current year.

Insider Activity at Ultra Clean

In other news, Director David T. Ibnale sold 23,500 shares of Ultra Clean stock in a transaction dated 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 directly owned 45,241 shares of the company’s stock, valued at $1,204,767.83. The trade was a 34.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ultra Clean

Hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC raised its position in shares of Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Ultra Clean by 2.7% in the fourth quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock worth $342,000 after buying an additional 350 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Ultra Clean by 1.6% in the fourth quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock worth $635,000 after buying an additional 400 shares during the last quarter. Amalgamated Bank raised its holdings in Ultra Clean by 3.4% in the third quarter. Amalgamated Bank now owns 13,312 shares of the semiconductor company’s stock valued at $363,000 after acquiring an additional 434 shares in the last quarter. Finally, Pitcairn Co. boosted its stake in Ultra Clean by 3.3% during the 2nd quarter. Pitcairn Co. now owns 16,396 shares of the semiconductor company’s stock valued at $370,000 after acquiring an additional 523 shares during the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

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.