Barrington Research Comments on UTI FY2025 Earnings

Key Points

• Barrington Research has lowered its FY2025 EPS estimate for Universal Technical Institute from $1.06 to $1.04, while maintaining an "Outperform" rating with a target price of $36.00.
• The company's quarterly earnings surpassed expectations, with earnings of $0.19 per share against a consensus estimate of $0.12, and revenue reported at $204.30 million.
• Insider trading activity included significant sales by Director George W. Brochick and COO Todd A. Hitchcock, indicating a decrease in their stock ownership.

Universal Technical Institute Inc (NYSE:UTI - Free Report) - Equities researchers at Barrington Research decreased their FY2025 earnings per share (EPS) estimates for Universal Technical Institute in a research note issued to investors on Thursday, August 7th. Barrington Research analyst A. Paris now anticipates that the company will post earnings of $1.04 per share for the year, down from their previous forecast of $1.06. Barrington Research has a "Outperform" rating and a $36.00 price objective on the stock. The consensus estimate for Universal Technical Institute's current full-year earnings is $1.00 per share. Barrington Research also issued estimates for Universal Technical Institute's FY2026 earnings at $1.06 EPS.

A number of other equities research analysts have also weighed in on the stock. Truist Financial boosted their price objective on shares of Universal Technical Institute from $37.00 to $40.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. Wall Street Zen lowered shares of Universal Technical Institute from a "buy" rating to a "hold" rating in a report on Saturday. Lake Street Capital reaffirmed a "buy" rating and issued a $38.00 price target (up from $35.00) on shares of Universal Technical Institute in a report on Wednesday, May 21st. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, August 7th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Universal Technical Institute has a consensus rating of "Buy" and a consensus price target of $35.83.

Universal Technical Institute Stock Up 2.8%

Shares of UTI stock traded up $0.71 during trading hours on Monday, reaching $26.47. 1,375,393 shares of the company's stock were exchanged, compared to its average volume of 768,285. The stock's 50 day moving average is $32.33 and its 200-day moving average is $30.02. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 23.22, a P/E/G ratio of 1.68 and a beta of 1.58. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.23. Universal Technical Institute has a fifty-two week low of $15.14 and a fifty-two week high of $36.32.

Universal Technical Institute (NYSE:UTI - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.07. Universal Technical Institute had a net margin of 7.79% and a return on equity of 22.12%. The firm had revenue of $204.30 million during the quarter, compared to analysts' expectations of $200.01 million.

Insider Buying and Selling at Universal Technical Institute

In other news, COO Todd A. Hitchcock sold 27,500 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $33.36, for a total value of $917,400.00. Following the transaction, the chief operating officer owned 80,521 shares in the company, valued at $2,686,180.56. This trade represents a 25.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 15.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Covestor Ltd raised its holdings in Universal Technical Institute by 24.4% in the 4th quarter. Covestor Ltd now owns 1,977 shares of the company's stock valued at $51,000 after acquiring an additional 388 shares during the last quarter. Verdence Capital Advisors LLC boosted its position in shares of Universal Technical Institute by 4.9% during the 2nd quarter. Verdence Capital Advisors LLC now owns 10,892 shares of the company's stock worth $369,000 after purchasing an additional 513 shares during the period. New York State Teachers Retirement System increased its holdings in Universal Technical Institute by 17.0% in the 2nd quarter. New York State Teachers Retirement System now owns 4,254 shares of the company's stock valued at $144,000 after purchasing an additional 618 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Universal Technical Institute by 2.9% in the 1st quarter. Principal Financial Group Inc. now owns 27,399 shares of the company's stock valued at $704,000 after purchasing an additional 776 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Universal Technical Institute by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,472 shares of the company's stock worth $578,000 after acquiring an additional 777 shares during the period. Hedge funds and other institutional investors own 75.67% of the company's stock.

About Universal Technical Institute

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.