Ultra Clean (NASDAQ:UCTT) Stock Price Up 8.6% – Here’s Why

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares traded up 8.6% during mid-day trading on Thursday . The stock traded as high as $98.25 and last traded at $98.7150. 315,574 shares traded hands during trading, a decline of 75% from the average session volume of 1,272,332 shares. The stock had previously closed at $90.90.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. 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. TD Cowen upped their price objective on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Needham & Company LLC upped their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Oppenheimer increased their price target on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ultra Clean currently has a consensus rating of “Buy” and an average target price of $107.40.

Ultra Clean Stock Up 12.1%

The company has a fifty day moving average of $79.85 and a two-hundred day moving average of $55.82. The company has a market cap of $4.57 billion, a PE ratio of -23.57, a price-to-earnings-growth ratio of 1.29 and a beta of 1.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07.

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

Insider Buying and Selling

In other Ultra Clean news, Director Emily M. Liggett sold 8,198 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total value of $755,691.64. Following the transaction, the director owned 38,152 shares of the company’s stock, valued at $3,516,851.36. This represents a 17.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the transaction, the senior vice president directly owned 16,446 shares in the company, valued at $1,311,075.12. This trade represents a 34.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 80,106 shares of company stock worth $6,734,589 over the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Ultra Clean

A number of hedge funds and other institutional investors have recently made changes to their positions in UCTT. Royal Bank of Canada grew its position in shares of Ultra Clean by 35.8% during the 1st quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after buying an additional 6,841 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Ultra Clean by 16.9% during the 1st 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 position 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 buying an additional 1,257 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Ultra Clean by 18.0% during the 1st 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 in the last quarter. Finally, Jane Street Group LLC boosted its position in Ultra Clean by 1,987.5% during 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 in the last quarter. 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.