Why Leggett & Platt Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2025
0mins
Source: Benzinga
Leggett & Platt Earnings Report: Leggett & Platt's shares surged 14.8% in pre-market trading after the company reported a first-quarter EPS of 24 cents, exceeding expectations, and raised its FY25 EPS guidance.
Market Movements: Several stocks experienced significant changes in pre-market trading, with notable gainers including Wearable Devices Ltd. (+55%) and LogicMark, Inc. (+46.5%), while Incannex Healthcare Inc. saw a sharp decline of 65.8%.
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Analyst Views on UCTT
Wall Street analysts forecast UCTT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for UCTT is 35.00 USD with a low forecast of 35.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 45.330
Low
35.00
Averages
35.00
High
35.00
Current: 45.330
Low
35.00
Averages
35.00
High
35.00
About UCTT
Ultra Clean Holdings, Inc. is a developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry. It offers its customers an integrated outsourced solution for major subassemblies, design-to-delivery cycle times, design for manufacturability, and prototyping. The Company’s segments are Products and Services. The Products segment primarily designs, engineers, and manufactures production tools, components, parts, and modules and subsystems. The Products segment includes chemical delivery modules, frame assemblies, gas delivery systems, fluid delivery systems, precision robotics and process modules as well as other high-level assemblies. The Services segment provides ultra-high purity parts cleaning, process tool part recoating, surface encapsulation and high sensitivity micro contamination analysis primarily for the semiconductor device makers and wafer fabrication equipment (WFE) markets.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ultra Clean Holdings Announces Executive Changes
- Executive Departure: Ultra Clean Holdings announced that Harjinder Bajwa will leave the company effective January 25, 2026, marking a significant shift in management that could impact the company's strategic direction and operational efficiency.
- New COO Appointment: Robert Wunar has been appointed as Chief Operating Officer effective March 23, 2026; Wunar's previous role as COO/Managing Director of Business Unit Operations at Applied Materials suggests he will bring valuable industry experience to drive company growth.
- Market Reaction: Ultra Clean Holdings' stock rose 3.23% in premarket trading to $47.19, indicating investor optimism regarding the new executive appointment, which may signal positive changes ahead for the company.
- Strategic Implications: The addition of the new COO is expected to enhance the company's focus on technological innovation and operational efficiency, thereby strengthening Ultra Clean Holdings' competitive position in the semiconductor equipment market.

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Ultra Clean Holdings Appoints New COO Amid Leadership Transition
- Executive Transition: Ultra Clean Holdings announced the departure of COO Harjinder Bajwa effective January 25, 2026, with Robert Wunar set to take over on March 23, 2026, which is expected to enhance the company's operational efficiency and market responsiveness.
- Extensive Experience: Wunar brings over 30 years of operations and supply chain leadership in the semiconductor capital equipment industry, having served as COO at Applied Materials, where he was responsible for revenue and profitability across multiple product lines, providing valuable industry insights to Ultra Clean.
- Strategic Execution Focus: Wunar's customer-centric leadership style emphasizes speed and agility, which is anticipated to help Ultra Clean maintain competitiveness in the upcoming semiconductor market ramp, ensuring the quality and reliability that customers expect.
- Operational Optimization: Wunar has a proven track record of driving gross-margin improvement, enhancing on-time delivery, and reducing manufacturing cycle times, which will support the company's long-term growth strategy through the development of global manufacturing and supplier capabilities.

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