Is Ultra Clean Stock a Good Investment?
Ultra Clean Investment Advice | UCTT |
- Examine Ultra Clean's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ultra Clean's leadership team and their track record. Good management can help Ultra Clean navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Ultra Clean's business and its evolving consumer preferences.
- Compare Ultra Clean's performance and market position to its competitors. Analyze how Ultra Clean is positioned in terms of product offerings, innovation, and market share.
- Check if Ultra Clean pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ultra Clean's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ultra Clean Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ultra Clean Holdings is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ultra Clean Stock
Researching Ultra Clean's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.96. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Ultra Clean Holdings has Price/Earnings To Growth (PEG) ratio of 0.33. The entity had not issued any dividends in recent years.
To determine if Ultra Clean is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ultra Clean's research are outlined below:
| Ultra Clean Holdings had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 1.73 B. Net Loss for the year was (31.1 M) with profit before overhead, payroll, taxes, and interest of 465 M. | |
| Over 93.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from news.google.com: Ultra Clean Holdings COO Harjinder Bajwa buys 337,500 in stock - Investing.com |
Ultra Clean uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ultra Clean Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ultra Clean's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Ultra Clean's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ultra Clean's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-02-23 | 2015-12-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2008-07-28 | 2008-06-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2006-02-06 | 2005-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2005-10-24 | 2005-09-30 | -0.04 | -0.03 | 0.01 | 25 | ||
2005-04-25 | 2005-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2016-07-28 | 2016-06-30 | 0.08 | 0.1 | 0.02 | 25 | ||
2012-10-22 | 2012-09-30 | 0.08 | 0.06 | -0.02 | 25 | ||
2009-02-17 | 2008-12-31 | -0.17 | -0.19 | -0.02 | 11 |
Know Ultra Clean's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ultra Clean is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ultra Clean Holdings backward and forwards among themselves. Ultra Clean's institutional investor refers to the entity that pools money to purchase Ultra Clean's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royce & Associates, Lp | 2024-09-30 | 908.7 K | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 860.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 695.6 K | Paradigm Capital Management, Inc. | 2024-06-30 | 658.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 647.3 K | Hhg Plc | 2024-06-30 | 541.2 K | Wellington Management Company Llp | 2024-06-30 | 531 K | Northern Trust Corp | 2024-09-30 | 476.6 K | Hood River Capital Management Llc | 2024-09-30 | 458.5 K | Blackrock Inc | 2024-06-30 | 6.9 M | Vanguard Group Inc | 2024-09-30 | 4.7 M |
Ultra Clean's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.68 B.Market Cap |
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Ultra Clean's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.04 | |
| Return On Capital Employed | 0.12 | 0.08 | |
| Return On Assets | 0.06 | 0.03 | |
| Return On Equity | 0.14 | 0.10 |
Determining Ultra Clean's profitability involves analyzing its financial statements and using various financial metrics to determine if Ultra Clean is a good buy. For example, gross profit margin measures Ultra Clean's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ultra Clean's profitability and make more informed investment decisions.
Ultra Clean's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Ultra Clean's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ultra Clean Holdings. Check Ultra Clean's Beneish M Score to see the likelihood of Ultra Clean's management manipulating its earnings.
Evaluate Ultra Clean's management efficiency
Ultra Clean Holdings has return on total asset (ROA) of 0.0249 % which means that it generated a profit of $0.0249 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0142 %, meaning that it created $0.0142 on every $100 dollars invested by stockholders. Ultra Clean's management efficiency ratios could be used to measure how well Ultra Clean manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.04 in 2024. Return On Capital Employed is likely to drop to 0.08 in 2024. At this time, Ultra Clean's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 325.5 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 27.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 20.52 | 21.55 | |
| Tangible Book Value Per Share | 8.66 | 9.10 | |
| Enterprise Value Over EBITDA | 10.52 | 11.05 | |
| Price Book Value Ratio | 2.94 | 2.56 | |
| Enterprise Value Multiple | 10.52 | 11.05 | |
| Price Fair Value | 2.94 | 2.56 | |
| Enterprise Value | 461.1 M | 304.2 M |
Understanding the operational decisions made by Ultra Clean management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 2.081 |
Basic technical analysis of Ultra Stock
As of the 26th of November, Ultra Clean has the Risk Adjusted Performance of 0.0176, coefficient of variation of 7771.34, and Semi Deviation of 3.13. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultra Clean Holdings, as well as the relationship between them.Ultra Clean's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ultra Clean insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ultra Clean's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ultra Clean insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ultra Clean's Outstanding Corporate Bonds
Ultra Clean issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ultra Clean Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ultra bonds can be classified according to their maturity, which is the date when Ultra Clean Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Ultra Clean's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ultra Clean's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0176 | |||
| Market Risk Adjusted Performance | 0.0274 | |||
| Mean Deviation | 2.51 | |||
| Semi Deviation | 3.13 | |||
| Downside Deviation | 3.18 | |||
| Coefficient Of Variation | 7771.34 | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.42 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0174 | |||
| Maximum Drawdown | 20.1 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 5.13 | |||
| Downside Variance | 10.11 | |||
| Semi Variance | 9.78 | |||
| Expected Short fall | (2.80) | |||
| Skewness | 0.2425 | |||
| Kurtosis | 1.69 |
| Risk Adjusted Performance | 0.0176 | |||
| Market Risk Adjusted Performance | 0.0274 | |||
| Mean Deviation | 2.51 | |||
| Semi Deviation | 3.13 | |||
| Downside Deviation | 3.18 | |||
| Coefficient Of Variation | 7771.34 | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.42 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0174 | |||
| Maximum Drawdown | 20.1 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 5.13 | |||
| Downside Variance | 10.11 | |||
| Semi Variance | 9.78 | |||
| Expected Short fall | (2.80) | |||
| Skewness | 0.2425 | |||
| Kurtosis | 1.69 |
Consider Ultra Clean's intraday indicators
Ultra Clean intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ultra Clean stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ultra Clean Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 13th of November 2024 Other Reports | ViewVerify | |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 28th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Ultra Stock media impact
Far too much social signal, news, headlines, and media speculation about Ultra Clean that are available to investors today. That information is available publicly through Ultra media outlets and privately through word of mouth or via Ultra internal channels. However, regardless of the origin, that massive amount of Ultra data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ultra Clean news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ultra Clean relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ultra Clean's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ultra Clean alpha.
Ultra Clean Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ultra Clean can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ultra Clean Corporate Management
| Jamie Palfrey | Senior Resources | Profile | |
| Brian CPA | Senior Officer | Profile | |
| Vijayan Chinnasami | Chief Officer | Profile | |
| Jeffrey Mckibben | Chief Officer | Profile | |
| William Williams | Pres Division | Profile | |
| Yoonku Cho | General Secretary | Profile |
Additional Tools for Ultra Stock Analysis
When running Ultra Clean's price analysis, check to measure Ultra Clean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.