A number of other equities research analysts have also recently weighed in on UCTT. BidaskClub cut Ultra Clean from a sell rating to a strong sell rating in a report on Saturday, February 10th. Zacks Investment Research cut Ultra Clean from a buy rating to a hold rating in a report on Friday, January 26th. Needham & Company LLC cut their price target on Ultra Clean from $36.00 to $34.00 and set a buy rating on the stock in a report on Thursday, October 26th. Finally, Stifel Nicolaus raised Ultra Clean from a hold rating to a buy rating and set a $27.00 price target on the stock in a report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $32.00.
Shares of Ultra Clean (UCTT) opened at $19.19 on Thursday. The firm has a market capitalization of $649.03, a P/E ratio of 10.21, a PEG ratio of 0.50 and a beta of 0.82. The company has a current ratio of 2.06, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15. Ultra Clean has a twelve month low of $11.86 and a twelve month high of $34.59.
A number of institutional investors have recently bought and sold shares of UCTT. SG Americas Securities LLC acquired a new position in Ultra Clean in the third quarter worth approximately $120,000. Wedbush Securities Inc. acquired a new position in Ultra Clean in the fourth quarter worth approximately $212,000. Greenwood Capital Associates LLC acquired a new position in Ultra Clean in the third quarter worth approximately $226,000. Jefferies Group LLC acquired a new position in Ultra Clean in the fourth quarter worth approximately $232,000. Finally, Cetera Advisors LLC acquired a new position in Ultra Clean in the third quarter worth approximately $234,000. Hedge funds and other institutional investors own 66.48% of the company’s stock.
About Ultra Clean
Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.
Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.