Buyers targeted on the Laptop and Know-how place have likely read of Extremely Clean Holdings (UCTT), but is the inventory carrying out well in comparison to the relaxation of its sector friends? A single uncomplicated way to reply this problem is to take a seem at the yr-to-date effectiveness of UCTT and the rest of the Laptop and Technological innovation group’s stocks.
Extremely Thoroughly clean Holdings is a member of our Computer and Know-how group, which consists of 615 distinct corporations and at the moment sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 distinct teams, measuring the typical Zacks Rank of the individual stocks in just the sector to gauge the strength of each team.
The Zacks Rank emphasizes earnings estimates and estimate revisions to uncover stocks with enhancing earnings outlooks. This method has a extended history of success, and these stocks are inclined to be on observe to defeat the industry over the subsequent a single to three months. UCTT is at this time sporting a Zacks Rank of #1 (Potent Acquire).
Over the previous three months, the Zacks Consensus Estimate for UCTT’s total-year earnings has moved 13.24% better. This usually means that analyst sentiment is more powerful and the stock’s earnings outlook is increasing.
Dependent on the latest available info, UCTT has received about 39.75% so significantly this yr. At the similar time, Computer and Technological know-how stocks have obtained an ordinary of 39.24%. This demonstrates that Ultra Thoroughly clean Holdings is outperforming its friends so significantly this yr.
Breaking issues down much more, UCTT is a member of the Electronics – Producing Equipment field, which features 11 individual businesses and at the moment sits at #41 in the Zacks Sector Rank. This group has acquired an average of 58.22% so significantly this yr, so UCTT is a bit underperforming its industry in this area.
UCTT will likely be on the lookout to continue its solid overall performance, so traders fascinated in Pc and Know-how shares really should proceed to pay close awareness to the company.