Universal Technical Institute (UTI) Expected to Announce Quarterly Earnings on Wednesday

Universal Technical Institute (NYSE:UTI) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Universal Technical Institute to post earnings of $0.18 per share and revenue of $193.75 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Universal Technical Institute Trading Up 1.7 %

Shares of UTI opened at $26.18 on Wednesday. Universal Technical Institute has a twelve month low of $13.23 and a twelve month high of $27.29. The firm has a market capitalization of $1.42 billion, a P/E ratio of 35.38, a PEG ratio of 1.84 and a beta of 1.45. The firm’s 50-day moving average is $25.67 and its two-hundred day moving average is $20.21. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.47.

Insider Buying and Selling at Universal Technical Institute

In other news, Director Kenneth R. Trammell sold 30,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $25.92, for a total transaction of $777,600.00. Following the completion of the sale, the director now owns 128,205 shares in the company, valued at approximately $3,323,073.60. The trade was a 18.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 15.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on UTI shares. Barrington Research raised their price target on Universal Technical Institute from $25.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. B. Riley lifted their price target on shares of Universal Technical Institute from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Truist Financial upped their price objective on shares of Universal Technical Institute from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Northland Securities lifted their target price on shares of Universal Technical Institute from $24.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Finally, Lake Street Capital increased their price target on Universal Technical Institute from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Universal Technical Institute currently has an average rating of “Buy” and an average target price of $27.17.

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.