Ultra Clean Holdings (UCTT) Given Daily News Sentiment Rating of 0.03

Headlines about Ultra Clean Holdings (NASDAQ:UCTT) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ultra Clean Holdings earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 45.8353523894989 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern’s scoring:

Ultra Clean Holdings (NASDAQ UCTT) traded down $0.29 during trading hours on Friday, reaching $24.29. 976,484 shares of the company’s stock were exchanged, compared to its average volume of 982,691. The firm has a market capitalization of $826.56, a price-to-earnings ratio of 11.57, a PEG ratio of 0.68 and a beta of 1.11. Ultra Clean Holdings has a 52-week low of $9.25 and a 52-week high of $34.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 2.06.

Ultra Clean Holdings (NASDAQ:UCTT) last released its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 EPS for the quarter, missing the Zacks’ consensus estimate of $0.64 by ($0.02). The firm had revenue of $242.60 million during the quarter, compared to analyst estimates of $239.11 million. Ultra Clean Holdings had a net margin of 7.55% and a return on equity of 28.77%. Ultra Clean Holdings’s quarterly revenue was up 65.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 earnings per share. analysts expect that Ultra Clean Holdings will post 2.34 earnings per share for the current fiscal year.

Several analysts have recently weighed in on the stock. Needham & Company LLC lifted their target price on shares of Ultra Clean Holdings from $30.00 to $36.00 and gave the company a “strong-buy” rating in a research report on Friday, October 13th. Cowen and Company set a $26.00 target price on shares of Ultra Clean Holdings and gave the company a “hold” rating in a research report on Friday, July 28th. Craig Hallum lifted their target price on shares of Ultra Clean Holdings from $25.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, July 28th. Dougherty & Co lifted their target price on shares of Ultra Clean Holdings from $29.50 to $32.00 and gave the company a “buy” rating in a research report on Friday, July 28th. Finally, BidaskClub lowered shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Ultra Clean Holdings currently has an average rating of “Buy” and a consensus price target of $30.67.

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In other Ultra Clean Holdings news, insider Deborah E. Hayward sold 13,872 shares of the business’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $32.48, for a total value of $450,562.56. Following the transaction, the insider now directly owns 61,702 shares in the company, valued at $2,004,080.96. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Ronald D’ercole sold 5,202 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $24.49, for a total transaction of $127,396.98. Following the completion of the transaction, the senior vice president now owns 60,900 shares in the company, valued at $1,491,441. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 49,560 shares of company stock worth $1,309,311. Company insiders own 2.60% of the company’s stock.

Ultra Clean Holdings Company Profile

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

Insider Buying and Selling by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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