Universal Technical Institute Inc (NYSE:UTI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Universal Technical Institute Inc (NYSE:UTIGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $35.8333.

UTI has been the topic of several recent analyst reports. Barrington Research reissued an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a research report on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Monday, December 29th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday, November 20th.

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Insider Transactions at Universal Technical Institute

In related news, Director Coliseum Capital Management, L bought 191,830 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was bought at an average price of $25.38 per share, with a total value of $4,868,645.40. Following the purchase, the director directly owned 3,971,440 shares of the company’s stock, valued at approximately $100,795,147.20. This represents a 5.08% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders have purchased 1,255,173 shares of company stock valued at $30,812,798. 9.80% of the stock is owned by corporate insiders.

Institutional Trading of Universal Technical Institute

A number of institutional investors have recently bought and sold shares of UTI. Newbridge Financial Services Group Inc. purchased a new stake in shares of Universal Technical Institute during the 2nd quarter worth about $27,000. Penserra Capital Management LLC bought a new position in Universal Technical Institute during the second quarter valued at about $28,000. KBC Group NV acquired a new stake in shares of Universal Technical Institute in the second quarter worth about $34,000. PNC Financial Services Group Inc. boosted its stake in shares of Universal Technical Institute by 17,142.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock worth $41,000 after acquiring an additional 1,200 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Universal Technical Institute during the 1st quarter worth about $57,000. Institutional investors and hedge funds own 75.67% of the company’s stock.

More Universal Technical Institute News

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Universal Technical Institute Price Performance

NYSE UTI opened at $28.03 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. Universal Technical Institute has a 1 year low of $21.29 and a 1 year high of $36.32. The company has a market cap of $1.54 billion, a PE ratio of 24.59, a PEG ratio of 2.48 and a beta of 1.36. The stock’s 50-day moving average price is $26.61 and its two-hundred day moving average price is $28.29.

Universal Technical Institute (NYSE:UTIGet Free Report) last released its earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. Universal Technical Institute had a net margin of 7.54% and a return on equity of 20.85%. The business had revenue of $220.84 million for the quarter, compared to the consensus estimate of $216.65 million. On average, analysts predict that Universal Technical Institute will post 1 EPS for the current year.

About Universal Technical Institute

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Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.

Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.

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Analyst Recommendations for Universal Technical Institute (NYSE:UTI)

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