Ultra Clean Holdings, Inc. (UCTT) PT Raised to $34.00

Paterniano Del Favero
Agosto 9, 2017

The company had a trading volume of 482,635 shares. Menta Limited Liability Company holds 0.03% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 42,500 shares. Hedge funds and other institutional investors own 83.33% of the company's stock. Dimensional Fund Advisors LP increased its position in shares of Ultra Clean Holdings by 21.3% in the first quarter. The semiconductor company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. Greenwood Capital Associates LLC raised its stake in shares of Ultra Clean Holdings by 3.1% in the first quarter. Equities analysts anticipate that Ultra Clean Holdings will post $2.28 earnings per share for the current year. Pacad Investment Ltd. acquired a new position in shares of Ultra Clean Holdings during the second quarter worth about $173,000. The Harvey Partners Llc holds 227,500 shares with $2.21 million value, down from 650,000 last quarter. Finally, Nordea Investment Management AB purchased a new stake in shares of Ultra Clean Holdings during the first quarter worth $204,000. Blackrock invested 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT). Vanguard Group Inc. now owns 1,237,230 shares of the semiconductor company's stock worth $20,872,000 after buying an additional 20,987 shares during the last quarter.

United States of America based company, Ultra Clean Holdings, Inc. (NASDAQ:UCTT) had its target price hoisted by investment analysts at Craig Hallum from $25.00 to $34.00 in a research note issued on Friday, July 28th, The Fly reports. LIGGETT EMILY M sold $150,000 worth of Ultra Clean Holdings Inc (NASDAQ:UCTT) on Thursday, June 8. (UCTT)'s latest closing price distance was 41.69% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -0.22% and -3.78% compared with the 20 Day Moving Average.

With the recent move, the stock now boasts a market cap of 744.92and a beta of 1.24.

Ultra Clean Holdings (NASDAQ:UCTT) last posted its earnings results on Thursday, July 27th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.05.

While having a peek at profitability ratios Ultra Clean Holdings (NASDAQ:UCTT) has trailing twelve month gross margin at 17.8%, its trailing twelve month operating margin stands at 8.4% whereas its trailing twelve month net profit margin spots at 6.2%. The company issued revenue guidance of $235.0-245.0 million, compared to the consensus revenue estimate of $193.84 million. The business's quarterly revenue was up 75.8% on a year-over-year basis. The company's revenue was up 75.8% compared to the same quarter previous year. If you are accessing this piece of content on another domain, it was stolen and republished in violation of USA and worldwide copyright and trademark law. The Maryland-based Price T Rowe Md has invested 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT). "(UCTT) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS" was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this report on another site, it was illegally copied and republished in violation of USA & global copyright legislation.

A number of brokerages have issued reports on UCTT. Needham & Company LLC lifted their target price on Ultra Clean Holdings from $18.00 to $22.00 and gave the company a "buy" rating in a research note on Thursday, April 27th. BidaskClub upgraded Ultra Clean Holdings from a "hold" rating to a "buy" rating in a research note on Wednesday, July 12th. Dougherty & Co boosted their target price on shares of Ultra Clean Holdings from $29.50 to $32.00 and gave the stock a "buy" rating in a research note on Friday, July 28th. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) has "Buy" rating given on Monday, April 18 by Needham. This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The company now has a consensus rating of "Buy" and a consensus target price of $27.83. Mezhvinsky Leonid sold 6,800 shares worth $158,146. The stock was sold at an average price of $21.00, for a total value of $218,925.00. Following the transaction, the director now directly owns 33,500 shares of the company's stock, valued at approximately $779,210. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

In other news, SVP Mark Bingaman sold 36,743 shares of Ultra Clean Holdings stock in a transaction dated Monday, June 5th. (UCTT) stock marked a gap of -16.06% off its 52 week- peak price value and pointed turn of 270.37% from its 52 week-bottom price value. The disclosure for this sale can be found here.

The company's quick ratio for most recent quarter is 1.2 along with current ratio for most recent quarter of 2.2.

Ultra Clean Holdings, Inc.is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry.

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