Ultra Clean (UCTT) Getting Somewhat Positive Media Coverage, Analysis Shows

Media headlines about Ultra Clean (NASDAQ:UCTT) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ultra Clean earned a news impact score of 0.16 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 44.1367185597669 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

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Shares of Ultra Clean stock traded up $0.36 during trading on Friday, hitting $16.98. The stock had a trading volume of 881,567 shares, compared to its average volume of 836,923. The company has a market cap of $653.22, a P/E ratio of 7.26, a price-to-earnings-growth ratio of 0.53 and a beta of 0.89. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.97 and a quick ratio of 0.82. Ultra Clean has a 1 year low of $15.74 and a 1 year high of $34.59.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Wednesday, February 21st. The semiconductor company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The firm had revenue of $248.89 million during the quarter, compared to analysts’ expectations of $248.73 million. Ultra Clean had a return on equity of 29.62% and a net margin of 8.12%. The business’s revenue was up 42.6% on a year-over-year basis. During the same period last year, the business earned $0.36 earnings per share. analysts expect that Ultra Clean will post 2.3 EPS for the current fiscal year.

UCTT has been the topic of several recent research reports. Zacks Investment Research cut shares of Ultra Clean from a “buy” rating to a “hold” rating and set a $27.00 price objective on the stock. in a research note on Saturday, January 6th. Cowen raised shares of Ultra Clean from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a research note on Thursday, January 18th. Finally, BidaskClub cut shares of Ultra Clean from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $31.33.

In other news, Director Clarence L. Granger sold 20,000 shares of Ultra Clean stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $24.56, for a total value of $491,200.00. Following the transaction, the director now directly owns 229,208 shares of the company’s stock, valued at $5,629,348.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Deborah E. Hayward sold 7,566 shares of Ultra Clean stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $20.00, for a total transaction of $151,320.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 97,985 shares of company stock worth $2,001,326. 2.60% of the stock is currently owned by insiders.

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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.

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

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