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

Ultra Clean (NASDAQ:UCTT) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

UCTT has been the topic of several other research reports. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Oppenheimer increased their price target on Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. UBS Group started coverage on Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target on the stock. TD Cowen increased their price target on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Needham & Company LLC increased their price target on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $104.40.

Ultra Clean Trading Up 4.1%

Ultra Clean stock opened at $87.46 on Monday. The business has a 50-day simple moving average of $73.56 and a two-hundred day simple moving average of $50.85. The company has a market cap of $3.92 billion, a P/E ratio of -20.39, a P/E/G ratio of 1.18 and a beta of 1.94. Ultra Clean has a 52-week low of $18.93 and a 52-week high of $88.50. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping 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 positive return on equity of 4.28% and a negative net margin of 9.38%.The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Analysts predict that Ultra Clean will post 2.04 EPS for the current year.

Insider Buying and Selling

In related news, insider Christopher S. Cook sold 11,478 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $73.96, for a total transaction of $848,912.88. Following the completion of the sale, the insider directly owned 97,427 shares in the company, valued at $7,205,700.92. This represents a 10.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel Paul Yoonku Cho sold 2,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $86.89, for a total value of $173,780.00. Following the sale, the general counsel owned 15,844 shares of the company’s stock, valued at $1,376,685.16. This trade represents a 11.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 40,777 shares of company stock valued at $3,193,989. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its holdings in Ultra Clean by 35.8% during the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after acquiring an additional 6,841 shares during the period. AQR Capital Management LLC lifted its position in 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 buying an additional 28,690 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Ultra Clean by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after purchasing an additional 1,257 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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 worth $1,822,000 after buying an additional 13,005 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Ultra Clean by 1,987.5% during the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock worth $3,173,000 after purchasing an additional 141,114 shares during the period. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

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.