Universal Technical Institute (NYSE:UTI – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.930-1.010 for the period, compared to the consensus EPS estimate of 0.940. The company issued revenue guidance of $800.0 million-$815.0 million, compared to the consensus revenue estimate of $797.4 million. Universal Technical Institute also updated its FY25 guidance to $0.93-1.01 EPS.
Universal Technical Institute Stock Down 0.3 %
NYSE UTI traded down $0.05 during trading hours on Wednesday, reaching $19.89. 672,223 shares of the company’s stock traded hands, compared to its average volume of 518,402. The firm has a market cap of $1.07 billion, a PE ratio of 39.76, a PEG ratio of 1.43 and a beta of 1.34. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.02 and a quick ratio of 1.02. Universal Technical Institute has a 52-week low of $10.46 and a 52-week high of $20.73. The firm has a 50-day simple moving average of $16.98 and a 200 day simple moving average of $16.54.
Analysts Set New Price Targets
A number of brokerages have recently commented on UTI. StockNews.com upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a research note on Wednesday, August 7th. Rosenblatt Securities restated a “buy” rating and issued a $22.00 price target on shares of Universal Technical Institute in a report on Wednesday, September 11th. Northland Securities upped their price objective on shares of Universal Technical Institute from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. B. Riley upped their price objective on shares of Universal Technical Institute from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, Barrington Research reissued an “outperform” rating and set a $22.00 price target on shares of Universal Technical Institute in a research report on Friday, November 15th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $22.20.
Insider Transactions at Universal Technical Institute
In related news, CEO Jerome Alan Grant sold 68,000 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $17.53, for a total value of $1,192,040.00. Following the transaction, the chief executive officer now owns 136,443 shares of the company’s stock, valued at $2,391,845.79. This represents a 33.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 27.60% of the company’s stock.
Universal Technical Institute Company Profile
Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.
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