Shares of Universal Technical Institute, Inc. (NYSE:UTI) have been assigned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Brokers have set a 12 month consensus target price of $6.00 for the company, according to Zacks. Zacks has also assigned Universal Technical Institute an industry rank of 81 out of 265 based on the ratings given to related companies.

Several equities research analysts have recently commented on UTI shares. Zacks Investment Research downgraded shares of Universal Technical Institute from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. ValuEngine downgraded shares of Universal Technical Institute from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Finally, Piper Jaffray Companies reissued a “hold” rating on shares of Universal Technical Institute in a research report on Friday, December 1st.

Shares of Universal Technical Institute (NYSE:UTI) opened at $2.51 on Tuesday. Universal Technical Institute has a 52 week low of $2.21 and a 52 week high of $3.87. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.33. The firm has a market cap of $61.77, a price-to-earnings ratio of -4.65 and a beta of 3.49.

Universal Technical Institute (NYSE:UTI) last posted its quarterly earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.11). The company had revenue of $81.33 million during the quarter. Universal Technical Institute had a negative net margin of 2.51% and a negative return on equity of 5.65%. equities research analysts predict that Universal Technical Institute will post -0.39 EPS for the current year.

Several large investors have recently bought and sold shares of UTI. Alyeska Investment Group L.P. increased its position in shares of Universal Technical Institute by 52.5% during the third quarter. Alyeska Investment Group L.P. now owns 575,653 shares of the company’s stock worth $1,998,000 after acquiring an additional 198,298 shares in the last quarter. Quantum Capital Management increased its position in shares of Universal Technical Institute by 1,477.3% during the third quarter. Quantum Capital Management now owns 173,177 shares of the company’s stock worth $601,000 after acquiring an additional 162,198 shares in the last quarter. Janus Henderson Group PLC bought a new stake in shares of Universal Technical Institute during the second quarter worth about $426,000. Macquarie Group Ltd. bought a new stake in shares of Universal Technical Institute during the third quarter worth about $289,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Universal Technical Institute by 7.9% during the second quarter. Dimensional Fund Advisors LP now owns 813,571 shares of the company’s stock worth $2,904,000 after acquiring an additional 59,594 shares in the last quarter. 57.11% of the stock is owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Universal Technical Institute, Inc. (UTI) Given $6.00 Consensus Price Target by Brokerages” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/01/09/universal-technical-institute-inc-uti-given-6-00-consensus-price-target-by-brokerages.html.

About Universal Technical Institute

Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).

Get a free copy of the Zacks research report on Universal Technical Institute (UTI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Universal Technical Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Technical Institute and related companies with MarketBeat.com's FREE daily email newsletter.