Is Ultra Clean Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: UCTT) stock is to Buy UCTT stock.
Out of 3 analysts, 0 (0%) are recommending UCTT as a Strong Buy, 3 (100%) are recommending UCTT as a Buy, 0 (0%) are recommending UCTT as a Hold, 0 (0%) are recommending UCTT as a Sell, and 0 (0%) are recommending UCTT as a Strong Sell.
What is UCTT's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: UCTT) forecast ROE is 24.36%, which is considered strong.
What is UCTT's Price Target?
According to 3 Wall Street analysts that have issued a 1 year UCTT price target, the average UCTT price target is $48.33, with the highest UCTT stock price forecast at $60.00 and the lowest UCTT stock price forecast at $40.00.
On average, Wall Street analysts predict that Ultra Clean Holdings's share price could reach $48.33 by Aug 25, 2024. The average Ultra Clean Holdings stock price prediction forecasts a potential upside of 72.37% from the current UCTT share price of $28.04.
What is UCTT's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: UCTT) forecast ROA is 11.23%, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 20.37%.
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