Universal Technical Institute (NYSE:UTI) Earns Buy Rating from Rosenblatt Securities

Universal Technical Institute (NYSE:UTIGet Free Report)‘s stock had its “buy” rating restated by stock analysts at Rosenblatt Securities in a report issued on Thursday,Benzinga reports. They presently have a $36.00 target price on the stock. Rosenblatt Securities’ target price points to a potential upside of 41.18% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Barrington Research restated an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a report on Wednesday, January 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Universal Technical Institute in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.20.

View Our Latest Analysis on UTI

Universal Technical Institute Stock Up 3.0%

UTI stock opened at $25.50 on Thursday. The firm has a market capitalization of $1.40 billion, a PE ratio of 26.29, a P/E/G ratio of 2.15 and a beta of 1.36. The company has a quick ratio of 1.07, a current ratio of 1.14 and a debt-to-equity ratio of 0.29. Universal Technical Institute has a twelve month low of $21.29 and a twelve month high of $36.32. The stock’s 50 day moving average is $26.70 and its 200-day moving average is $28.22.

Universal Technical Institute (NYSE:UTIGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.08. The business had revenue of $220.84 million during the quarter, compared to the consensus estimate of $216.65 million. Universal Technical Institute had a return on equity of 16.98% and a net margin of 6.28%. Sell-side analysts expect that Universal Technical Institute will post 1 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Coliseum Capital Management, L acquired 467,020 shares of Universal Technical Institute stock in a transaction on Tuesday, December 2nd. The stock was acquired at an average cost of $24.40 per share, with a total value of $11,395,288.00. Following the completion of the acquisition, the director owned 3,424,374 shares in the company, valued at approximately $83,554,725.60. This trade represents a 15.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 1,255,173 shares of company stock valued at $30,812,798 in the last quarter. 9.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. ProShare Advisors LLC grew its stake in shares of Universal Technical Institute by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 8,530 shares of the company’s stock worth $223,000 after acquiring an additional 549 shares during the period. HighTower Advisors LLC lifted its holdings in Universal Technical Institute by 10.9% during the fourth quarter. HighTower Advisors LLC now owns 9,921 shares of the company’s stock valued at $259,000 after purchasing an additional 979 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in Universal Technical Institute by 5.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 205,500 shares of the company’s stock worth $5,370,000 after purchasing an additional 11,500 shares during the period. Leuthold Group LLC increased its stake in shares of Universal Technical Institute by 0.3% in the fourth quarter. Leuthold Group LLC now owns 141,748 shares of the company’s stock worth $3,704,000 after purchasing an additional 439 shares in the last quarter. Finally, Isthmus Partners LLC bought a new stake in shares of Universal Technical Institute in the fourth quarter valued at approximately $2,319,000. Hedge funds and other institutional investors own 75.67% of the company’s stock.

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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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