Universal Technical Institute (NYSE:UTI) Updates FY25 Earnings Guidance

Universal Technical Institute (NYSE:UTI) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.93-1.01 for the period, compared to the consensus EPS estimate of $0.96. The company issued revenue guidance of $800-815 million, compared to the consensus revenue estimate of $798.88 million.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UTI. B. Riley lifted their price objective on Universal Technical Institute from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Northland Securities increased their price objective on Universal Technical Institute from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Truist Financial initiated coverage on shares of Universal Technical Institute in a report on Thursday, July 25th. They issued a “buy” rating and a $22.00 target price on the stock. StockNews.com upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a report on Wednesday, August 7th. Finally, Barrington Research restated an “outperform” rating and set a $22.00 target price 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 MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $22.20.

Universal Technical Institute Stock Performance

UTI traded down $0.06 during trading on Wednesday, reaching $19.88. 563,230 shares of the company were exchanged, compared to its average volume of 517,917. The firm has a 50 day moving average of $16.98 and a 200 day moving average of $16.54. Universal Technical Institute has a 52 week low of $10.46 and a 52 week high of $20.73. The stock has a market cap of $1.07 billion, a P/E ratio of 39.88, a PEG ratio of 1.43 and a beta of 1.34. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.56.

Insider Activity

In related news, CEO Jerome Alan Grant sold 68,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $17.53, for a total transaction of $1,192,040.00. Following the transaction, the chief executive officer now directly owns 136,443 shares of the company’s stock, valued at approximately $2,391,845.79. The trade was a 33.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.