Universal Technical Institute (NYSE:UTI – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.22, Zacks reports. Universal Technical Institute had a return on equity of 16.41% and a net margin of 5.34%. Universal Technical Institute updated its FY 2025 guidance to 0.960-1.040 EPS.
Universal Technical Institute Stock Performance
UTI opened at $28.38 on Thursday. The business’s 50-day simple moving average is $26.06 and its 200 day simple moving average is $20.61. Universal Technical Institute has a 52-week low of $13.23 and a 52-week high of $29.04. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market capitalization of $1.54 billion, a PE ratio of 38.35, a PEG ratio of 1.90 and a beta of 1.45.
Wall Street Analysts Forecast Growth
UTI has been the topic of several analyst reports. B. Riley increased their target price on Universal Technical Institute from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Northland Securities lifted their price objective on shares of Universal Technical Institute from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday. Barrington Research upped their target price on shares of Universal Technical Institute from $25.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, January 17th. Rosenblatt Securities lifted their price target on shares of Universal Technical Institute from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Lake Street Capital raised their price objective on Universal Technical Institute from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, Universal Technical Institute presently has an average rating of “Buy” and a consensus price target of $28.83.
Insider Buying and Selling at Universal Technical Institute
In other news, Director Kenneth R. Trammell sold 30,000 shares of Universal Technical Institute stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $25.92, for a total value of $777,600.00. Following the completion of the transaction, the director now owns 128,205 shares of the company’s stock, valued at $3,323,073.60. This trade represents a 18.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 15.10% of the company’s stock.
About Universal Technical Institute
Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.
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