Ultra Clean Hldgs Inc (UCTT) stock forecast: Can it reach its 52-week high of $56.47

A share price of Ultra Clean Hldgs Inc [UCTT] is currently trading at $24.91, down -1.70%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The UCTT shares have gain 8.40% over the last week, with a monthly amount drifted -32.58%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Ultra Clean Hldgs Inc [NASDAQ: UCTT] stock has seen the most recent analyst activity on October 29, 2024, when Needham reiterated its Buy rating and also revised its price target to $44 from $50. Previously, Oppenheimer started tracking the stock with Outperform rating on September 25, 2024, and set its price target to $70. On July 26, 2024, TD Cowen reiterated its Buy rating and revised its price target to $60 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $55 on May 07, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $47 on February 22, 2024. Needham reiterated a Buy rating for this stock on August 25, 2023, and downed its price target to $45. In a note dated July 28, 2023, Craig Hallum upgraded an Buy rating on this stock but restated the target price of $60.

Ultra Clean Hldgs Inc experienced fluctuations in its stock price throughout the past year between $22.40 and $56.47. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. Ultra Clean Hldgs Inc [NASDAQ: UCTT] shares were valued at $24.91 at the most recent close of the market. An investor can expect a potential return of 128.82% based on the average UCTT price forecast.

Analyzing the UCTT fundamentals

Trailing Twelve Months sales for Ultra Clean Hldgs Inc [NASDAQ:UCTT] were 2.10B which represents 26.64% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.

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 24.64 points at the first support level, and at 24.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.30, and for the 2nd resistance point, it is at 25.69.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Ultra Clean Hldgs Inc [NASDAQ:UCTT] is 2.89. Further, the Quick Ratio stands at 1.76, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 48.10.

Transactions by insiders

Recent insider trading involved Bentinck Bill, President, Services Business, that happened on Mar 07 ’25 when 3000.0 shares were purchased. President, Products Division, Cook Christopher S completed a deal on Mar 07 ’25 to buy 4100.0 shares. Meanwhile, Chief Accounting Officer HARDING BRIAN E bought 4000.0 shares on Mar 07 ’25.

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