News headlines about Ultra Clean (NASDAQ:UCTT) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ultra Clean earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 47.426807491623 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
UCTT has been the topic of a number of analyst reports. Zacks Investment Research upgraded Ultra Clean from a “strong sell” rating to a “hold” rating and set a $20.00 price target on the stock in a research note on Thursday, April 26th. ValuEngine downgraded Ultra Clean from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Needham & Company LLC decreased their price target on Ultra Clean to $28.00 and set a “buy” rating on the stock in a research note on Thursday, April 26th. BidaskClub upgraded Ultra Clean from a “strong sell” rating to a “sell” rating in a research note on Tuesday, March 6th. Finally, Cowen restated a “hold” rating and issued a $28.00 price target (down from $32.00) on shares of Ultra Clean in a research note on Thursday, February 22nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.67.
UCTT traded down $0.25 during trading on Friday, reaching $17.82. 576,447 shares of the stock were exchanged, compared to its average volume of 1,083,882. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.06 and a current ratio of 2.12. The company has a market cap of $699.25 million, a price-to-earnings ratio of 7.62, a PEG ratio of 0.55 and a beta of 0.92. Ultra Clean has a 1 year low of $17.60 and a 1 year high of $17.99.
Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Wednesday, April 25th. The semiconductor company reported $0.69 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.09. The company had revenue of $314.80 million for the quarter, compared to the consensus estimate of $281.97 million. Ultra Clean had a return on equity of 28.32% and a net margin of 8.26%. Ultra Clean’s quarterly revenue was up 53.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.47 earnings per share. analysts predict that Ultra Clean will post 2.36 EPS for the current fiscal year.
In other Ultra Clean news, Director Clarence L. Granger sold 20,000 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $20.00, for a total transaction of $400,000.00. Following the sale, the director now directly owns 201,708 shares in the company, valued at $4,034,160. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP William Joe Williams sold 5,782 shares of the business’s stock in a transaction on Tuesday, May 1st. The stock was sold at an average price of $17.19, for a total value of $99,392.58. Following the sale, the senior vice president now owns 80,418 shares in the company, valued at $1,382,385.42. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,767 shares of company stock worth $1,609,519. 1.90% of the stock is owned by company insiders.
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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