What’s Ultra Clean Holdings Inc (UCTT) Upside After Today’s Significant Increase?

September 17, 2017 - By Stephen Andrade

Investors sentiment increased to 2.09 in Q4 2016. Its up 0.78, from 1.31 in 2016Q3. It is positive, as 8 investors sold Ultra Clean Holdings Inc shares while 25 reduced holdings. 31 funds opened positions while 38 raised stakes. 24.01 million shares or 10.71% more from 21.68 million shares in 2016Q3 were reported.
California Employees Retirement Sys holds 177,100 shares or 0% of its portfolio. Blackrock owns 49,114 shares. Citigroup Inc reported 33,656 shares. 15,700 are owned by Grt Prtnrs Lc. Oberweis Asset Management Inc reported 0.35% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT). Millennium Management reported 381,136 shares. Kennedy Mngmt has 0.03% invested in Ultra Clean Holdings Inc (NASDAQ:UCTT). G2 Invest Prns Mgmt Llc accumulated 217,003 shares or 1.04% of the stock. Northwestern Mutual Wealth Mgmt has invested 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT). State Street Corporation owns 0% invested in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 496,452 shares. Barclays Plc owns 2 shares or 0% of their US portfolio. Engineers Gate Manager Limited Partnership reported 40,563 shares. Wall Street Assocs, California-based fund reported 25,100 shares. Jane Street Group Ltd Liability Corporation holds 0% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 22,239 shares. Bnp Paribas Arbitrage invested in 1,842 shares.

Since March 17, 2017, it had 0 insider buys, and 11 insider sales for $3.21 million activity. 30,000 shares were sold by HAYWARD DEBORAH E, worth $462,000. 6,800 Ultra Clean Holdings Inc (NASDAQ:UCTT) shares with value of $158,146 were sold by Mezhvinsky Leonid. The insider SCHERER BARBARA VAUGHN sold 6,000 shares worth $138,305. $857,677 worth of Ultra Clean Holdings Inc (NASDAQ:UCTT) was sold by Bingaman Mark on Monday, June 5. LIGGETT EMILY M also sold $90,659 worth of Ultra Clean Holdings Inc (NASDAQ:UCTT) shares. LEV LAVI sold $386,276 worth of stock or 23,507 shares. 10,000 Ultra Clean Holdings Inc (NASDAQ:UCTT) shares with value of $153,819 were sold by Speirs David.

The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) is a huge mover today! The stock increased 3.89% or $1.01 on September 15, reaching $26.96. About 2.16 million shares traded or 116.03% up from the average. Ultra Clean Holdings Inc (NASDAQ:UCTT) has risen 320.86% since September 17, 2016 and is uptrending. It has outperformed by 304.16% the S&P500.
The move comes after 7 months positive chart setup for the $870.89 million company. It was reported on Sep, 17 by Barchart.com. We have $28.85 PT which if reached, will make NASDAQ:UCTT worth $60.96M more.

Wall Street await Ultra Clean Holdings Inc (NASDAQ:UCTT) to release earnings on October, 25. Analysts forecast earnings per share of $0.64, up exactly $0.47 or 276.47 % from 2014’s $0.17 EPS. The expected UCTT’s profit could reach $20.67M giving the stock 10.53 P/E in the case that $0.64 earnings per share is reported. After posting $0.62 EPS for the previous quarter, Ultra Clean Holdings Inc’s analysts now forecast 3.23 % EPS growth.

Ultra Clean Holdings Inc (NASDAQ:UCTT) Ratings Coverage

Among 7 analysts covering Ultra Clean Holdings (NASDAQ:UCTT), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Ultra Clean Holdings had 17 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) has “Outperform” rating given on Thursday, July 23 by Northland Capital. On Friday, July 29 the stock rating was maintained by Needham with “Buy”. Dougherty & Company maintained the shares of UCTT in report on Thursday, July 23 with “Buy” rating. The rating was downgraded by Craig Hallum on Friday, October 23 to “Hold”. The rating was maintained by Dougherty & Company with “Buy” on Friday, July 29. Standpoint Research downgraded Ultra Clean Holdings Inc (NASDAQ:UCTT) on Tuesday, November 15 to “Hold” rating. Needham upgraded Ultra Clean Holdings Inc (NASDAQ:UCTT) on Monday, April 18 to “Buy” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, July 8. Needham maintained Ultra Clean Holdings Inc (NASDAQ:UCTT) rating on Tuesday, January 10. Needham has “Buy” rating and $15 target. The stock has “Hold” rating by Cowen & Co on Thursday, July 27.

More recent Ultra Clean Holdings Inc (NASDAQ:UCTT) news were published by: Nasdaq.com which released: “Zacks.com featured highlights: Ultra Clean Holdings, Burlington Stores, Zumiez …” on September 15, 2017. Also Nasdaq.com published the news titled: “Why the Earnings Streak Will Continue for Ultra Clean Holdings (UCTT)” on September 06, 2017. Fool.com‘s news article titled: “Why Ultra Clean Holdings Inc. Stock Soared Today” with publication date: April 27, 2017 was also an interesting one.

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 has market cap of $870.89 million. 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. It has a 19.42 P/E ratio. The Firm offers its products for the semiconductor capital equipment and equipment industry divisions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.