UCTT Stock Summary and Trading Ideas (Ultra Clean Hldgs | NASDAQ:UCTT)

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.

Ultra Clean Hldgs trades on the NASDAQ stock market under the symbol UCTT.

As of April 19, 2024, UCTT stock price declined to $38.99 with 389,795 million shares trading.

UCTT has a beta of 2.17, meaning it tends to be more sensitive to market movements. UCTT has a correlation of 0.31 to the broad based SPY ETF.

UCTT has a market cap of $1.74 billion. This is considered a Small Cap stock.

Last quarter Ultra Clean Hldgs reported $445 million in Revenue and $.19 earnings per share. This fell short of revenue expectation by $-40,000 and exceeded earnings estimates by $.07.

In the last 3 years, UCTT stock traded as high as $60.84 and as low as $22.15.

The top ETF exchange traded funds that UCTT belongs to (by Net Assets): IJR, VTI, VGT, IWM, VXF.

UCTT has outperformed the market in the last year with a return of +30.4%, while the SPY ETF gained +21.2%. In the last 3 month period, UCTT beat the market returning +12.0%, while SPY returned +4.3%. However, in the most recent 2 weeks UCTT has underperformed the stock market by returning -13.5%, while SPY returned -3.5%.

UCTT support price is $39.30 and resistance is $41.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UCTT stock will trade within this expected range on the day.