Universal Technical Institute (NYSE:UTI) Releases FY25 Earnings Guidance

Universal Technical Institute (NYSE:UTI) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.93-1.01 for the period, compared to the consensus earnings per share estimate of $0.96. The company issued revenue guidance of $800-815 million, compared to the consensus revenue estimate of $798.88 million.

Universal Technical Institute Trading Down 0.3 %

Shares of NYSE:UTI traded down $0.06 during trading on Wednesday, hitting $19.88. The company had a trading volume of 563,230 shares, compared to its average volume of 517,917. Universal Technical Institute has a one year low of $10.46 and a one year high of $20.73. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 39.88, a price-to-earnings-growth ratio of 1.43 and a beta of 1.34. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.02 and a quick ratio of 1.02. The company has a fifty day simple moving average of $16.98 and a two-hundred day simple moving average of $16.54.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Truist Financial assumed coverage on Universal Technical Institute in a research report on Thursday, July 25th. They set a “buy” rating and a $22.00 target price on the stock. Barrington Research restated an “outperform” rating and issued a $22.00 price target on shares of Universal Technical Institute in a report on Friday, November 15th. Northland Securities increased their target price on shares of Universal Technical Institute from $18.00 to $20.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. B. Riley upped their price target on Universal Technical Institute from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $22.00 price objective on shares of Universal Technical Institute in a research report on Wednesday, September 11th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $22.20.

Insider Activity

In other news, CEO Jerome Alan Grant sold 68,000 shares of Universal Technical Institute stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $17.53, for a total value of $1,192,040.00. Following the transaction, the chief executive officer now directly owns 136,443 shares of the company’s stock, valued at $2,391,845.79. The trade was a 33.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 27.60% of the company’s stock.

Universal Technical Institute Company Profile

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.