In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Ultra Clean Hldgs Inc (NASDAQ: UCTT) closed the day trading at $33.58 down -9.15% from the previous closing price of $36.96. In other words, the price has decreased by -$9.15 from its previous closing price. On the day, 0.58 million shares were traded. UCTT stock price reached its highest trading level at $35.73 during the session, while it also had its lowest trading level at $32.565.
Ratios:
For a better understanding of UCTT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 75.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on October 29, 2024, Reiterated its Buy rating but revised its target price to $44 from $50 previously.
On September 25, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $70.
TD Cowen reiterated its Buy rating for the stock on July 26, 2024, while the target price for the stock was revised from $55 to $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 15 ’24 when Bajwa Harjinder bought 10,000 shares for $33.75 per share. The transaction valued at 337,500 led to the insider holds 54,291 shares of the business.
Bajwa Harjinder bought 15,000 shares of UCTT for $522,500 on Nov 13 ’24. The Chief Operating Officer now owns 44,291 shares after completing the transaction at $34.83 per share. On Nov 07 ’24, another insider, McKibben Jeffrey L., who serves as the Chief Information Officer of the company, sold 3,422 shares for $38.20 each. As a result, the insider received 130,720 and left with 18,805 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UCTT now has a Market Capitalization of 1513118208 and an Enterprise Value of 2078520064. As of this moment, Ultra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 455.01, and their Forward P/E ratio for the next fiscal year is 12.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is 13.912.
Stock Price History:
The Beta on a monthly basis for UCTT is 2.09, which has changed by -0.041245162 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, UCTT has reached a high of $56.47, while it has fallen to a 52-week low of $32.08. The 50-Day Moving Average of the stock is -9.44%, while the 200-Day Moving Average is calculated to be -17.06%.
Shares Statistics:
Over the past 3-months, UCTT traded about 374.61K shares per day on average, while over the past 10 days, UCTT traded about 286460 shares per day. A total of 45.10M shares are outstanding, with a floating share count of 43.87M. Insiders hold about 2.64% of the company’s shares, while institutions hold 87.30% stake in the company. Shares short for UCTT as of 1735603200 were 1193135 with a Short Ratio of 3.19, compared to 1732838400 on 1009876. Therefore, it implies a Short% of Shares Outstanding of 1193135 and a Short% of Float of 3.2199999999999998.
