Ultra Clean (NASDAQ:UCTT) Sets New 1-Year High – Here’s Why

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $116.52 and last traded at $113.55, with a volume of 1455482 shares. The stock had previously closed at $108.90.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on UCTT shares. Craig Hallum reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. Wall Street Zen cut shares of Ultra Clean from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. TD Cowen raised their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, Oppenheimer increased their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ultra Clean has a consensus rating of “Buy” and an average target price of $107.40.

Ultra Clean Stock Performance

The firm has a market cap of $5.00 billion, a P/E ratio of -26.02, a price-to-earnings-growth ratio of 1.46 and a beta of 1.94. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. The business’s fifty day simple moving average is $84.51 and its 200-day simple moving average is $58.83.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, sell-side analysts expect that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Sheri Savage sold 15,766 shares of Ultra Clean stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the sale, the chief financial officer owned 50,710 shares of the company’s stock, valued at approximately $4,537,023.70. The trade was a 23.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total transaction of $84,365.28. Following the sale, the general counsel directly owned 22,941 shares in the company, valued at $2,050,237.17. The trade was a 3.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 80,106 shares of company stock worth $6,734,589. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ultra Clean

Large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its stake in shares of Ultra Clean by 148.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 554 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Ultra Clean by 40.3% during 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. Danske Bank A S boosted its stake in shares of Ultra Clean by 450.0% during the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean during the 1st quarter valued at about $34,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 1,414 shares in the last quarter. Institutional investors 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.