Ultra Clean HoldingsUCTT
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
3 analyst ratings
TD Cowen Krish Sankar 45% 1-year accuracy 9 / 20 met price target | 50%upside $57 | Buy Maintained | 29 Oct 2024 |
Needham Charles Shi 35% 1-year accuracy 25 / 72 met price target | 16%upside $44 | Buy Maintained | 29 Oct 2024 |
Oppenheimer Edward Yang 17% 1-year accuracy 1 / 6 met price target | 84%upside $70 | Outperform Initiated | 25 Sept 2024 |