In the newest buying and selling session, Extremely Clear Holdings (UCTT) closed at $56.21, marking a -0.37% transfer from the day past. This variation was narrower than the S&P 500’s each day lack of 0.54%.
Previous to right now’s buying and selling, shares of the chipmaking tools companies firm had gained 17.54% over the previous month. This has outpaced the Laptop and Expertise sector’s achieve of 6.51% and the S&P 500’s achieve of 1.91% in that point.
Wall Avenue will likely be on the lookout for positivity from UCTT because it approaches its subsequent earnings report date. In that report, analysts anticipate UCTT to publish earnings of $0.95 per share. This may mark year-over-year progress of 26.67%. In the meantime, our newest consensus estimate is looking for income of $507.61 million, up 47.23% from the prior-year quarter.
UCTT’s full-year Zacks Consensus Estimates are calling for earnings of $3.86 per share and income of $2 billion. These outcomes would symbolize year-over-year adjustments of +37.86% and +42.87%, respectively.
Any current adjustments to analyst estimates for UCTT must also be famous by buyers. These current revisions are inclined to mirror the evolving nature of short-term enterprise traits. Because of this, we will interpret optimistic estimate revisions as a very good signal for the corporate’s enterprise outlook.
Analysis signifies that these estimate revisions are straight correlated with near-term share worth momentum. Buyers can capitalize on this by utilizing the Zacks Rank. This mannequin considers these estimate adjustments and offers a easy, actionable score system.
Starting from #1 (Robust Purchase) to #5 (Robust Promote), the Zacks Rank system has a confirmed, outside-audited monitor document of outperformance, with #1 shares returning a median of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate remained stagnant. UCTT is at present sporting a Zacks Rank of #2 (Purchase).
Taking a look at its valuation, UCTT is holding a Ahead P/E ratio of 14.62. This represents a reduction in comparison with its trade’s common Ahead P/E of 18.67.
Additionally, we should always point out that UCTT has a PEG ratio of 1.83. This well-liked metric is much like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes into consideration the corporate’s anticipated earnings progress price. Electronics – Manufacturing Equipment shares are, on common, holding a PEG ratio of 1.13 based mostly on yesterday’s closing costs.
The Electronics – Manufacturing Equipment trade is a part of the Laptop and Expertise sector. This group has a Zacks Business Rank of 35, placing it within the high 14% of all 250+ industries.
The Zacks Business Rank gauges the energy of our particular person trade teams by measuring the typical Zacks Rank of the person shares throughout the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Yow will discover extra data on all of those metrics, and rather more, on Zacks.com.
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Extremely Clear Holdings, Inc. (UCTT): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.