Universal Technical Institute (NYSE:UTI) Issues FY 2025 Earnings Guidance
Universal Technical Institute (NYSE:UTI) has updated its FY 2025 earnings guidance, projecting EPS between 1.000-1.080, slightly above the consensus estimate of 1.046. Revenue guidance is set at $830.0 million-$835.0 million, compared to the consensus of $829.4 million. The stock traded down to $26.97, with a market cap of $1.47 billion. Analysts maintain a positive outlook, with an average rating of "Buy" and a consensus price target of $35.83. Recent insider sales were noted, with corporate insiders owning 15.10% of the stock.
Universal Technical Institute (NYSE:UTI - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.000-1.080 for the period, compared to the consensus estimate of 1.046. The company issued revenue guidance of $830.0 million-$835.0 million, compared to the consensus revenue estimate of $829.4 million.
Universal Technical Institute Price Performance
NYSE UTI traded down $6.45 during trading on Thursday, hitting $26.97. 1,867,638 shares of the company's stock were exchanged, compared to its average volume of 747,681. The stock's 50 day moving average price is $32.87 and its two-hundred day moving average price is $29.97. Universal Technical Institute has a fifty-two week low of $15.14 and a fifty-two week high of $36.32. The company has a market cap of $1.47 billion, a PE ratio of 25.99, a P/E/G ratio of 2.01 and a beta of 1.58. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.31.
Universal Technical Institute (NYSE:UTI - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.07. Universal Technical Institute had a net margin of 7.34% and a return on equity of 21.40%. The business had revenue of $204.30 million during the quarter, compared to analyst estimates of $200.01 million. Research analysts expect that Universal Technical Institute will post 1 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Barrington Research reiterated an "outperform" rating and issued a $36.00 target price on shares of Universal Technical Institute in a report on Tuesday, July 29th. Rosenblatt Securities reissued a "buy" rating and set a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday. Truist Financial raised their price target on shares of Universal Technical Institute from $37.00 to $40.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Finally, Lake Street Capital reissued a "buy" rating and set a $38.00 price objective (up from $35.00) on shares of Universal Technical Institute in a report on Wednesday, May 21st. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $35.83.
Check Out Our Latest Stock Analysis on UTI
Insiders Place Their Bets
In related news, Director George W. Brochick sold 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $31.84, for a total transaction of $191,040.00. Following the transaction, the director owned 32,516 shares of the company's stock, valued at approximately $1,035,309.44. This trade represents a 15.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Todd A. Hitchcock sold 27,500 shares of the stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $33.36, for a total transaction of $917,400.00. Following the transaction, the chief operating officer owned 80,521 shares in the company, valued at approximately $2,686,180.56. This trade represents a 25.46% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 15.10% of the company's stock.
Institutional Investors Weigh In On Universal Technical Institute
Several institutional investors and hedge funds have recently added to or reduced their stakes in UTI. Jane Street Group LLC boosted its holdings in Universal Technical Institute by 144.1% during the first quarter. Jane Street Group LLC now owns 88,410 shares of the company's stock valued at $2,270,000 after acquiring an additional 52,184 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Universal Technical Institute by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,223 shares of the company's stock worth $2,163,000 after acquiring an additional 9,951 shares during the period. NewEdge Advisors LLC bought a new position in shares of Universal Technical Institute during the 1st quarter worth about $57,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Universal Technical Institute by 23.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,688 shares of the company's stock valued at $711,000 after buying an additional 5,216 shares during the period. Finally, AQR Capital Management LLC bought a new position in Universal Technical Institute during the first quarter valued at about $1,226,000. 75.67% of the stock is currently owned by institutional investors and hedge funds.
About Universal Technical Institute
(Get Free Report)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.
Further Reading
- Five stocks we like better than Universal Technical Institute
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 4 Semiconductor Stocks Earning Fresh Wall Street Upgrades
- How to Evaluate a Stock Before Buying
- Uber Technologies Is Driving Cash Flow: Ride It Higher for Life
- What is the Dow Jones Industrial Average (DJIA)?
- CrowdStrike Stock Slides—Is Growth Momentum Tapping Out?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Universal Technical Institute Right Now?
Before you consider Universal Technical Institute, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Universal Technical Institute wasn't on the list.
While Universal Technical Institute currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
