Stock To Watch: Ultra Clean Holdings, Inc. (NASDAQ:UCTT)


The leading market experts have placed a mean price target of $8.33 on Ultra Clean Holdings, Inc. (NASDAQ:UCTT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.10 a share for the upcoming quarter and $0.33 for the current fiscal.

Technical View

The technical analysis of Ultra Clean Holdings, Inc. plainly substantiates that the 50-day moving average of Ultra Clean Holdings, Inc. is $6.33, and stock is trading $0.98 points away or +15.57% from its 50-day moving average of $6.33. Further it is trading $1.69 or +30.03% away its 200-day moving average of $5.62. Ultra Clean Holdings, Inc. (NASDAQ:UCTT) 52-week high is $7.50 and the 52-week low is $4.50.

This explains if the stock moves $-0.19, it will post a 52-week high. In event of +62.44% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Ultra Clean Holdings, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Ultra Clean Holdings, Inc. (NASDAQ:UCTT) ratio came in at N/A.

The stock last ended the trading session at $7.31 and registered a market cap of $238.04M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Ultra Clean Holdings, Inc. (NASDAQ:UCTT) PEG ratio is at 1.10.

1 Chart Pattern Every Investor Should Know

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