Ultra Clean (NASDAQ:UCTT) Stock Price Down 6.9% – What’s Next?

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) fell 6.9% on Tuesday . The stock traded as low as $82.99 and last traded at $83.00. Approximately 975,936 shares were traded during trading, a decline of 27% from the average daily volume of 1,338,261 shares. The stock had previously closed at $89.17.

Analysts Set New Price Targets

UCTT has been the topic of a number of recent analyst reports. TD Cowen upped their target price on shares of Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday. Oppenheimer lifted their price target on Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday. Wall Street Zen lowered Ultra Clean from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. UBS Group restated a “buy” rating on shares of Ultra Clean in a research note on Tuesday. Finally, Needham & Company LLC lifted their target price on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ultra Clean currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

Ultra Clean Stock Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.72 and a current ratio of 2.73. The stock’s fifty day moving average is $100.34 and its two-hundred day moving average is $77.07. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of -153.68, a PEG ratio of 1.13 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.17. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The firm had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. During the same period in the previous year, the business posted $0.27 EPS. Ultra Clean’s revenue was up 24.3% on a year-over-year basis. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, analysts expect that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Emily M. Liggett sold 8,198 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the transaction, the director directly owned 38,152 shares in the company, valued at approximately $3,516,851.36. The trade was 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 the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total value of $365,835.00. Following the completion of the transaction, the insider directly owned 11,349 shares of the company’s stock, valued at $987,363. This trade represents a 27.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 48,034 shares of company stock valued at $4,296,414. Corporate insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 196 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 284 shares in the last quarter. ProShare Advisors LLC raised its holdings in Ultra Clean by 2.7% during the fourth quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock valued at $342,000 after buying an additional 350 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Ultra Clean by 1.6% in the fourth quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock worth $635,000 after buying an additional 400 shares during the last quarter. Finally, Swiss National Bank lifted its position in shares of Ultra Clean by 0.4% in the first quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock worth $5,584,000 after buying an additional 400 shares during 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.