Ultra Clean Holdings (UCTT)

• Market cap: $1.58B
• 1 day: 0.11%
• 5 days: -6.22%
• 1 month: -2.53%
• 3 months: 1.45%
• 6 months: -26.95%
• Year to date: 5.96%
• 1 year: 11.08%
• 5 years: 48.18%
• 10 years: 277.56%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are North America, Asia, and Europe.

Employees: 6,657

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 30

40% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 63

14% more funds holding

Funds holding: 216 [Q2] → 246 (+30) [Q3]

2.33% less ownership

Funds ownership: 92.26% [Q2] → 89.93% (-2.33%) [Q3]

21% less capital invested

Capital invested by funds: $2.03B [Q2] → $1.61B (-$421M) [Q3]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]

69% less call options, than puts

Call options by funds: $846K | Put options by funds: $2.71M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $44 26% upside
• Avg. target: $57 63% upside
• High target: $70 100% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

TD Cowen Krish Sankar 42% 1-year accuracy 11 / 26 met price target	63% upside $57	Buy Maintained	29 Oct 2024
Needham Charles Shi 31% 1-year accuracy 24 / 78 met price target	26% upside $44	Buy Maintained	29 Oct 2024
Oppenheimer Edward Yang 29% 1-year accuracy 2 / 7 met price target	100% upside $70	Outperform Initiated	25 Sept 2024