Ultra Clean Holdings Inc. (UCTT): Multiple analysts giving recommendations


Ultra Clean Holdings Inc. (NASDAQ:UCTT) changes shares on Friday trading session, with a change of -0.85% or -$0.19 shares. The trading starts at $22.65 and closed at $22.34 throughout the day. The trading session low price was $21.93 and day high was $22.885 on Friday, June 19. After the session, the Technology sector daily volume shifted to 0.48 million while its average volume is 623.41K. In other hand, the UCTT market cap reached to $891.32M. While, its current target price is $22.15 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.80% and up 12.10% for month. Its quarterly performance was 78.05% above, while its half year performance is down -3.49%. UCTT yearly performance stood at positive 63.71% and fall -5.62% for year-to-date. Current recommendation for Ultra Clean Holdings Inc. is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. UCTT EPS (TTM) for 12-month is -0.02. EPS for this year is -123.90%, while for the next year its value is 1.93. Its EPS Q/Q reached 1466.70%. It has an EPS of -21.30% down for past five years and for the next five years will be up 20.00%.

Let’s take a look on the analyst recommendations on UCTT for the current month and previous month. For the current month, 3 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $23.00-$35.00. Average target price for UCTT was reached at $28.20.

Blackrock Inc., Dimensional Fund Advisors LP and Vanguard Group, Inc. (The) are the top three holders in Ultra Clean Holdings Inc. (UCTT) stock. On Mar 30, 2020, Blackrock Inc. has 5.89 million shares which valued 81.32 million. On Mar 30, 2020, Dimensional Fund Advisors LP owned 3.07 million shares which valued at 42.36 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 2.64 million shares which valued at 36.48 million. In the end, Vanguard Group, Inc. (The) have 6.63% shares outstanding of Ultra Clean Holdings Inc. (UCTT) on Mar 30, 2020. The insider ownership moved to 3.40% and institutional holding shifted to 95.70%.

The company posted an EPS (TTM) of -0.02. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.47, while 0.21 EPS posted a year ago period. Analyst Estimated EPS for UCTT published in the report was 0.41-0.51 during the same period. Comparing with last year, the average estimated EPS was 0.21 which is lower than 0.52 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for UCTT rise 13.11% for period of 200 days. SMA for 50 days was 16.54% which is showing green signal, while SMA-20 was 2.24%. The moving average value for Ultra Clean Holdings Inc. (UCTT) is 20.41 and 20.37 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in UCTT stock. On May 29, EDMAN THOMAS T, Director, sold 5,000 trading shares at the cost of $20.52, which valued at 0.1 million. On May 18, WILLIAMS WILLIAM JOE, Please see Remarks, sold 8,714 shares at the cost of $19.00, with total shares of 60,335. On May 08, Savage Sheri, CFO and SVP Finance, sold 16,282 shares at the cost of 18.42. After this transaction, Savage Sheri total shares reached to 145,796 which valued at 0.3 million.