At the time of writing, Ultra Clean Hldgs Inc [UCTT] stock is trading at $40.16, down -1.76%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UCTT shares have gain 16.41% over the last week, with a monthly amount glided 7.96%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ultra Clean Hldgs Inc [NASDAQ: UCTT] stock has seen the most recent analyst activity on September 25, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $70. Previously, TD Cowen reaffirmed its Buy rating on July 26, 2024, and elevated its price target to $60. On May 07, 2024, TD Cowen reiterated its Buy rating and revised its price target to $55 on the stock. TD Cowen reiterated its Outperform rating and increased its price target to $47 on February 22, 2024. Needham reiterated its recommendation of a Buy and reduced its price target to $45 on August 25, 2023. Craig Hallum upgraded its rating to Buy for this stock on July 28, 2023, but kept the price target unchanged to $60. In a note dated January 10, 2023, Craig Hallum downgraded an Hold rating on this stock but restated the target price of $32.
For the past year, the stock price of Ultra Clean Hldgs Inc fluctuated between $22.15 and $56.47. Currently, Wall Street analysts expect the stock to reach $63 within the next 12 months. Ultra Clean Hldgs Inc [NASDAQ: UCTT] shares were valued at $40.16 at the most recent close of the market. An investor can expect a potential return of 56.87% based on the average UCTT price forecast.
Analyzing the UCTT fundamentals
According to Ultra Clean Hldgs Inc [NASDAQ:UCTT], the company’s sales were 1.87B for trailing twelve months, which represents an 22.44% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.69 points at the first support level, and at 39.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.01, and for the 2nd resistance point, it is at 41.85.
Ratios To Look Out For
It is important to note that Ultra Clean Hldgs Inc [NASDAQ:UCTT] has a current ratio of 2.73. As well, the Quick Ratio is 1.60, while the Cash Ratio is 0.91. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 2.12.
Transactions by insiders
Recent insider trading involved Savage Sheri, CFO, that happened on Jul 12 ’24 when 2440.0 shares were sold. CFO, Savage Sheri completed a deal on Jul 11 ’24 to sell 897.0 shares. Meanwhile, CEO Scholhamer James P sold 26608.0 shares on Jul 09 ’24.
