Ultra Clean (NASDAQ:UCTT) Reaches New 12-Month High – Time to Buy?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) hit a new 52-week high on Monday . The stock traded as high as $126.99 and last traded at $123.5130, with a volume of 4351 shares. The stock had previously closed at $121.28.

Wall Street Analysts Forecast Growth

UCTT has been the topic of several recent research reports. Oppenheimer boosted their price objective on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, June 9th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. UBS Group began coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 target price on the stock. Needham & Company LLC boosted their price target on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, TD Cowen increased their price target on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $107.40.

Ultra Clean Trading Down 0.5%

The company has a market cap of $5.41 billion, a price-to-earnings ratio of -27.99, a P/E/G ratio of 1.62 and a beta of 1.94. The business has a fifty day simple moving average of $86.72 and a 200 day simple moving average of $60.18. 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 earnings per share 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 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%. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Insider Activity at Ultra Clean

In other Ultra Clean news, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the completion of the transaction, the director directly owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey L. Mckibben sold 4,205 shares of Ultra Clean stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total transaction of $365,835.00. Following the sale, the insider owned 11,349 shares of the company’s stock, valued at approximately $987,363. The trade was a 27.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 80,106 shares of company stock valued at $6,734,589 in the last ninety days. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. AdvisorNet Financial Inc purchased a new position in Ultra Clean during the 1st quarter valued at about $34,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 196 shares in the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of Ultra Clean by 40.3% in the fourth 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 grew its position in shares of Ultra Clean by 450.0% in the fourth 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 during the last quarter. Finally, KBC Group NV acquired a new stake in shares of Ultra Clean in the first quarter valued at approximately $75,000. Institutional investors and hedge funds 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.