Ultra Clean (NASDAQ:UCTT – Get Free Report) updated its second quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.16-0.36 for the period, compared to the consensus earnings per share estimate of $0.26. The company issued revenue guidance of $465-515 million, compared to the consensus revenue estimate of $465.87 million. Ultra Clean also updated its Q2 2024 guidance to 0.160-0.360 EPS.
Ultra Clean Price Performance
Shares of NASDAQ UCTT traded down $0.28 during mid-day trading on Wednesday, reaching $43.79. The company had a trading volume of 230,963 shares, compared to its average volume of 311,623. Ultra Clean has a 1-year low of $22.15 and a 1-year high of $49.25. The stock has a market cap of $1.96 billion, a PE ratio of -63.46 and a beta of 2.02. The company has a current ratio of 2.88, a quick ratio of 1.67 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average price of $43.75 and a two-hundred day moving average price of $36.59.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last announced its earnings results on Wednesday, February 21st. The semiconductor company reported $0.12 EPS for the quarter. Ultra Clean had a negative net margin of 1.79% and a positive return on equity of 1.69%. The company had revenue of $444.80 million during the quarter, compared to analysts’ expectations of $444.99 million.
Analysts Set New Price Targets
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Ultra Clean Company Profile
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.
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