Ultra Clean (NASDAQ:UCTT) Announces Earnings Results, Misses Estimates By $0.03 EPS

Ultra Clean (NASDAQ:UCTT) released its quarterly earnings data on Monday. The semiconductor company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03), Zacks reports. Ultra Clean had a net margin of 0.18% and a return on equity of 4.08%. Ultra Clean updated its Q1 2025 guidance to 0.220-0.420 EPS.

Ultra Clean Stock Down 3.5 %

Shares of UCTT stock traded down $1.29 on Monday, hitting $36.06. The stock had a trading volume of 352,360 shares, compared to its average volume of 311,303. Ultra Clean has a 12-month low of $32.08 and a 12-month high of $56.47. The business has a 50 day moving average of $37.17 and a 200 day moving average of $36.94. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 450.81, a price-to-earnings-growth ratio of 0.51 and a beta of 2.09. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.75 and a quick ratio of 1.63.

Wall Street Analysts Forecast Growth

UCTT has been the subject of a number of recent analyst reports. TD Cowen cut their price objective on Ultra Clean from $60.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. Needham & Company LLC decreased their price target on shares of Ultra Clean from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Tuesday, October 29th.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.