With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 million shares. The 52-week range on UCTT shows that it touched its highest point at $56.47 and its lowest point at $16.66 during that stretch. It currently has a 1-year price target of $30.75. Beta for the stock currently stands at 2.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UCTT was up-trending over the past week, with a rise of 3.50%, but this was up by 4.82% over a month. Three-month performance dropped to -50.17% while six-month performance fell -43.61%. The stock lost -54.03% in the past year, while it has lost -46.15% so far this year. A look at the trailing 12-month EPS for UCTT yields 0.62 with Next year EPS estimates of 1.36. For the next quarter, that number is 0.27. This implies an EPS growth rate of -22.40% for this year and 21.70% for next year.
Float and Shares Shorts:
At present, 45.10 million UCTT shares are outstanding with a float of 43.71 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UCTT since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.43988 being high and $1.31889 being low. For UCTT, this leads to a yearly average estimate of $1.3825.
