Ultra Clean (NASDAQ:UCTT) is scheduled to be releasing its earnings data on Wednesday, April 25th. Analysts expect Ultra Clean to post earnings of $0.60 per share for the quarter. Ultra Clean has set its Q1 guidance at $0.56-0.63 EPS.
Ultra Clean (NASDAQ:UCTT) last released its earnings results on Wednesday, February 21st. The semiconductor company reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.01). The business had revenue of $248.89 million during the quarter, compared to analysts’ expectations of $248.73 million. Ultra Clean had a return on equity of 29.62% and a net margin of 8.12%. The firm’s quarterly revenue was up 42.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 earnings per share. On average, analysts expect Ultra Clean to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ:UCTT opened at $16.98 on Monday. The stock has a market capitalization of $653.22, a PE ratio of 7.26, a price-to-earnings-growth ratio of 0.53 and a beta of 0.89. The company has a current ratio of 1.97, a quick ratio of 0.82 and a debt-to-equity ratio of 0.13. Ultra Clean has a 1-year low of $15.74 and a 1-year high of $34.59.
A number of research firms have recently weighed in on UCTT. Zacks Investment Research downgraded shares of Ultra Clean from a “buy” rating to a “hold” rating and set a $30.00 target price on the stock. in a research report on Saturday, January 20th. Cowen raised shares of Ultra Clean from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research report on Thursday, January 18th. Finally, BidaskClub downgraded shares of Ultra Clean from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $31.33.
In related news, Director Clarence L. Granger sold 20,000 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $24.56, for a total value of $491,200.00. Following the transaction, the director now owns 229,208 shares in the company, valued at approximately $5,629,348.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark Bingaman sold 35,966 shares of the company’s stock in a transaction dated Friday, April 13th. The stock was sold at an average price of $19.00, for a total transaction of $683,354.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 97,985 shares of company stock worth $2,001,326. 2.60% of the stock is currently owned by company insiders.
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About Ultra Clean
Ultra Clean Holdings, Inc designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries primarily in North America, Asia, and Europe. It offers precision robotic systems that are used when accurate controlled motion is required; gas delivery systems, which include one or more gas lines consisting of small diameter internally polished stainless steel tubing products, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system; and various industrial and automation production equipment products.
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