There is a good chance Ultra Clean Hldgs Inc (UCTT) will undergo another restructuring.

As of close of business last night, Ultra Clean Hldgs Inc’s stock clocked out at $43.20, up 1.69% from its previous closing price of $42.48. In other words, the price has increased by $+0.72 from its previous closing price. On the day, 582718 shares were traded. UCTT stock price reached its highest trading level at $43.53 during the session, while it also had its lowest trading level at $42.40.

Ratios:

To gain a deeper understanding of UCTT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 2.88. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.72.

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, TD Cowen on February 22, 2024, Reiterated its Outperform rating but revised its target price to $47 from $32 previously.

On August 25, 2023, Needham reiterated its Buy rating and also upped its target price recommendation from $52 to $45.

Craig Hallum Upgraded its Hold to Buy on July 28, 2023, while the target price for the stock was maintained at $60.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 04 when Cho Paul Yoonku sold 4,689 shares for $28.38 per share. The transaction valued at 133,074 led to the insider holds 15,147 shares of the business.

McKibben Jeffrey L. sold 4,200 shares of UCTT for $112,168 on Nov 20. The Chief Information Officer now owns 22,408 shares after completing the transaction at $26.71 per share. On Nov 17, another insider, McKibben Jeffrey L., who serves as the Chief Information Officer of the company, sold 3,720 shares for $26.26 each. As a result, the insider received 97,687 and left with 26,608 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 1.94B and an Enterprise Value of 2.27B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 2.31. Its current Enterprise Value per Revenue stands at 1.29 whereas that against EBITDA is 22.01.

Stock Price History:

Over the past 52 weeks, UCTT has reached a high of $49.25, while it has fallen to a 52-week low of $22.15. The 50-Day Moving Average of the stock is 37.44, while the 200-Day Moving Average is calculated to be 32.94.

Shares Statistics:

It appears that UCTT traded 339.35K shares on average per day over the past three months and 513.83k shares per day over the past ten days. A total of 45.20M shares are outstanding, with a floating share count of 43.64M. Insiders hold about 2.66% of the company’s shares, while institutions hold 92.65% stake in the company. Shares short for UCTT as of Feb 15, 2024 were 1.06M with a Short Ratio of 3.12, compared to 773.9k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.36% and a Short% of Float of 2.94%.

Earnings Estimates

As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.13, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.28, with high estimates of $0.28 and low estimates of $0.27.

Analysts are recommending an EPS of between $1.56 and $1.27 for the fiscal current year, implying an average EPS of $1.42. EPS for the following year is $3.25, with 2 analysts recommending between $3.84 and $2.65.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $455M. It ranges from a high estimate of $455M to a low estimate of $455M. As of the current estimate, Ultra Clean Hldgs Inc’s year-ago sales were $433.3M, an estimated increase of 5.00% from the year-ago figure.

A total of 2 analysts have provided revenue estimates for UCTT’s current fiscal year. The highest revenue estimate was $2B, while the lowest revenue estimate was $1.87B, resulting in an average revenue estimate of $1.93B. In the same quarter a year ago, actual revenue was $1.73B, up 11.30% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.28B in the next fiscal year. The high estimate is $2.44B and the low estimate is $2.13B. The average revenue growth estimate for next year is up 18.30% from the average revenue estimate for this year.

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