Ultra Clean (NASDAQ:UCTT) Raised to “Strong-Buy” at UBS Group

Ultra Clean (NASDAQ:UCTT) was upgraded by research analysts at UBS Group to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Several other brokerages also recently commented on UCTT. Zacks Research downgraded Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Oppenheimer lifted their target price on Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. TD Cowen boosted their price target on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Craig Hallum reaffirmed a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $104.40.

Ultra Clean Stock Performance

Shares of NASDAQ UCTT opened at $83.46 on Tuesday. The stock has a market cap of $3.74 billion, a PE ratio of -19.45, a price-to-earnings-growth ratio of 1.16 and a beta of 1.94. Ultra Clean has a 1 year low of $18.52 and a 1 year high of $87.68. The firm has a fifty day moving average price of $66.79 and a 200-day moving average price of $45.47. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. Ultra Clean’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Equities analysts anticipate that Ultra Clean will post 2.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ultra Clean news, insider Christopher S. Cook sold 11,903 shares of Ultra Clean stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $75.31, for a total value of $896,414.93. Following the sale, the insider owned 108,905 shares of the company’s stock, valued at $8,201,635.55. The trade was a 9.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ultra Clean

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Ultra Clean by 35.8% during the 1st quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after buying an additional 6,841 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Ultra Clean by 16.9% during the first quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after acquiring an additional 28,690 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Ultra Clean by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock valued at $566,000 after acquiring an additional 1,257 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Ultra Clean by 18.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock valued at $1,822,000 after acquiring an additional 13,005 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Ultra Clean by 1,987.5% in the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after purchasing an additional 141,114 shares during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Company Profile

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.