Universal Technical Institute (UTI) Posts Quarterly Results
Universal Technical Institute (NYSE:UTI) posted its quarterly earnings results on Friday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.04, AnalystRatingsNetwork reports. The company had revenue of $97.00 million for the quarter, compared to the consensus estimate of $94.49 million.
UTI has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Universal Technical Institute in a research note to investors on Thursday, December 26th. They now have a $15.00 price target on the stock.
Universal Technical Institute (NYSE:UTI) opened at 12.89 on Friday. Universal Technical Institute has a 1-year low of $9.96 and a 1-year high of $15.16. The stock’s 50-day moving average is $13.90 and its 200-day moving average is $12.60. The company has a market cap of $317.6 million and a P/E ratio of 86.20.
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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