Universal Technical Institute Stock Rating Reaffirmed by Zacks (UTI)
Universal Technical Institute (NYSE:UTI)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Wednesday, Analyst RN reports. They currently have a $12.00 price objective on the stock. Zacks‘ price objective would suggest a potential upside of 5.73% from the company’s current price.
Universal Technical Institute (NYSE:UTI) traded down 0.62% during mid-day trading on Wednesday, hitting $11.28. The stock had a trading volume of 15,298 shares. Universal Technical Institute has a 52-week low of $8.00 and a 52-week high of $13.90. The stock has a 50-day moving average of $11.37 and a 200-day moving average of $11.50. The company has a market cap of $275.8 million and a P/E ratio of 62.71.
Universal Technical Institute (NYSE:UTI) last posted its quarterly earnings results on Friday, July 26th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company had revenue of $91.00 million for the quarter, compared to the consensus estimate of $90.24 million. During the same quarter last year, the company posted $0.04 earnings per share. Universal Technical Institute’s revenue was down 8.6% compared to the same quarter last year. Analysts expect that Universal Technical Institute will post $0.21 EPS for the current fiscal year.
Universal Technical Institute, Inc (NYSE:UTI) provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians.
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