Ultra Clean (UCTT) to Release Earnings on Monday

Ultra Clean (NASDAQ:UCTT) will likely be posting its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Ultra Clean to post earnings of $0.44 per share and revenue of $559.19 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Ultra Clean Stock Performance

Shares of UCTT stock opened at $37.35 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.63 and a current ratio of 2.75. Ultra Clean has a fifty-two week low of $32.08 and a fifty-two week high of $56.47. The stock has a 50 day moving average price of $37.17 and a two-hundred day moving average price of $36.91. The company has a market capitalization of $1.69 billion, a P/E ratio of 466.93, a PEG ratio of 0.52 and a beta of 2.09.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. TD Cowen lowered 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 target price on Ultra Clean from $50.00 to $44.00 and set a “buy” rating for the company 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.