Universal Technical Institute (NYSE:UTI – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.930-1.010 for the period, compared to the consensus estimate of 0.940. The company issued revenue guidance of $800.0 million-$815.0 million, compared to the consensus revenue estimate of $797.4 million. Universal Technical Institute also updated its FY25 guidance to $0.93-1.01 EPS.
Universal Technical Institute Trading Down 0.3 %
Universal Technical Institute stock opened at $19.89 on Thursday. Universal Technical Institute has a one year low of $10.46 and a one year high of $20.73. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 39.78, a P/E/G ratio of 1.45 and a beta of 1.34. The firm has a 50-day moving average of $17.06 and a 200-day moving average of $16.57. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.02 and a quick ratio of 1.02.
Analyst Ratings Changes
Several brokerages have recently commented on UTI. Rosenblatt Securities reaffirmed a “buy” rating and set a $22.00 target price on shares of Universal Technical Institute in a report on Wednesday, September 11th. Truist Financial began coverage on shares of Universal Technical Institute in a report on Thursday, July 25th. They set a “buy” rating and a $22.00 price target on the stock. Barrington Research restated an “outperform” rating and issued a $22.00 target price on shares of Universal Technical Institute in a report on Friday, November 15th. StockNews.com raised shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a research report on Wednesday, August 7th. Finally, B. Riley boosted their price target on shares of Universal Technical Institute from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $23.00.
Insider Buying and Selling
In other news, CEO Jerome Alan Grant sold 68,000 shares of the 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 owns 136,443 shares of the company’s stock, valued at $2,391,845.79. This represents a 33.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 27.60% of the stock is currently owned by insiders.
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.
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