Ultra Clean Holdings, Inc. (NASDAQ:UCTT) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, UCTT to report 3Q20 income of $ 0.65 per share.
For the full year, analysts anticipate top line of $ 1336.39 million, while looking forward to income of $ 2.49 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.56 ~ $ 0.72 per share, while revenues are expected in a range of $ 320.00 million ~ $ 360.00 million
Click Here For More Historical Outlooks Of Ultra Clean Holdings, Inc.
Previous Quarter Performance
Ultra Clean Holdings, Inc. announced income for the second quarter of $ 0.75 per share, from the revenue of $ 344.78 million. According to street consensus, UCTT was expected to report 2Q20 income of $ 0.47 per share from revenue of $ 309.94 million. The bottom line results beat street analysts by $ 0.28 or 59.57 percent, at the same time, top line results outshined analysts by $ 34.84 million or 11.24 percent.
Stock Performance
Shares of Ultra Clean Holdings, Inc. traded low $ -0.70 or -3.04 percent on Tuesday, reaching $ 22.30 with volume of 301.80 thousand shares. Ultra Clean Holdings, Inc. has traded high as $ 23.12 and has cracked $ 22.23 on the downward trend
According to the previous trading day, closing price of $ 22.30, representing a 95.08 % increase from the 52 week low of $ 11.79 and a 26.05 % decrease over the 52 week high of $ 31.10.
The company has a market capital of $ 900.92 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Recent Analyst recommendations
- On 16th October 2020, initiated by DA Davidson at Buy rating, with $ 35.00 target price.
- On 21st September 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Conference Call
Ultra Clean Holdings, Inc. will be hosting a conference call at 4:45 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.uct.com
Ultra Clean Holdings, Inc. designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries primarily in North America, Asia, and Europe. It offers precision robotic systems that are used when accurate controlled motion is required; gas delivery systems, which include one or more gas lines consisting of small diameter internally polished stainless steel tubing products, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system; and various industrial and automation production equipment products.
