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Shares of Ultra Clean Holdings Inc (NASDAQ:UCTT) have been assigned a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Two investment 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 average 1 year price objective among analysts that have covered the stock in the last year is $22.67.

UCTT has been the topic of a number of analyst reports. Craig Hallum raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research report on Friday, December 21st. Needham & Company LLC initiated coverage on shares of Ultra Clean in a research report on Friday, December 21st. They issued a “buy” rating and a $13.00 price objective on the stock. BidaskClub raised shares of Ultra Clean from a “strong sell” rating to a “sell” rating in a research report on Friday, December 28th. Finally, ValuEngine raised shares of Ultra Clean from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 30th. Get Ultra Clean alerts:

Shares of Ultra Clean stock traded down $0.21 on Friday, reaching $9.64. The stock had a trading volume of 687,500 shares, compared to its average volume of 636,733. The company has a quick ratio of 1.63, a current ratio of 2.76 and a debt-to-equity ratio of 0.74. Ultra Clean has a 1 year low of $6.94 and a 1 year high of $21.95. The company has a market cap of $384.25 million, a P/E ratio of 5.81, a PEG ratio of 0.64 and a beta of 1.28. Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Thursday, February 21st. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Ultra Clean had a return on equity of 15.56% and a net margin of 3.34%. The firm had revenue of $257.39 million during the quarter, compared to analysts’ expectations of $248.30 million. As a group, equities research analysts forecast that Ultra Clean will post 0.86 EPS for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in UCTT. Divisar Capital Management LLC boosted its stake in Ultra Clean by 262.0% in the 4th quarter. Divisar Capital Management LLC now owns 2,099,886 shares of the semiconductor company’s stock worth $17,786,000 after purchasing an additional 1,519,784 shares in the last quarter. Frontier Capital Management Co. LLC boosted its stake in Ultra Clean by 1,378.1% in the 4th quarter. Frontier Capital Management Co. LLC now owns 1,166,713 shares of the semiconductor company’s stock worth $9,882,000 after purchasing an additional 1,087,780 shares in the last quarter. Deutsche Bank AG boosted its stake in Ultra Clean by 432.1% in the 3rd quarter. Deutsche Bank AG now owns 1,017,075 shares of the semiconductor company’s stock worth $12,761,000 after purchasing an additional 825,921 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Ultra Clean by 15.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,164,512 shares of the semiconductor company’s stock worth $39,714,000 after purchasing an additional 419,419 shares in the last quarter. Finally, Royce & Associates LP boosted its stake in Ultra Clean by 31.8% in the 3rd quarter. Royce & Associates LP now owns 1,151,384 shares of the semiconductor company’s stock worth $14,450,000 after purchasing an additional 277,500 shares in the last quarter. Institutional investors own 87.52% of the company’s stock.

Ultra Clean Company Profile

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.