Ultra Clean (UCTT) Projected to Post Earnings on Monday

Ultra Clean (NASDAQ:UCTT) is anticipated to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $559.19 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Ultra Clean Trading Down 3.8 %

Ultra Clean stock opened at $37.35 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.75 and a quick ratio of 1.63. Ultra Clean has a one year low of $32.08 and a one year high of $56.47. The stock has a market capitalization of $1.69 billion, a PE ratio of 466.93, a price-to-earnings-growth ratio of 0.52 and a beta of 2.09. The business’s fifty day moving average is $37.17 and its 200 day moving average is $36.91.

Wall Street Analyst Weigh In

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

About Ultra Clean

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.