Universal Technical Institute (NYSE:UTI) Given New $36.00 Price Target at Barrington Research

Universal Technical Institute (NYSE:UTI - Free Report) had its target price boosted by Barrington Research from $35.00 to $36.00 in a research report released on Thursday morning,Benzinga reports. Barrington Research currently has an outperform rating on the stock. Barrington Research also issued estimates for Universal Technical Institute's Q4 2025 earnings at $0.33 EPS and FY2025 earnings at $1.06 EPS.

Several other equities analysts have also recently issued reports on the stock. B. Riley started coverage on shares of Universal Technical Institute in a research note on Friday, March 28th. They issued a "buy" rating and a $31.00 target price for the company. Northland Securities raised their price target on shares of Universal Technical Institute from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. Rosenblatt Securities reissued a "buy" rating and set a $36.00 price objective on shares of Universal Technical Institute in a research note on Thursday. Finally, Lake Street Capital boosted their target price on shares of Universal Technical Institute from $22.00 to $31.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Universal Technical Institute has an average rating of "Buy" and an average target price of $33.00.

Universal Technical Institute Stock Performance

Shares of NYSE UTI traded up $1.51 during midday trading on Thursday, reaching $34.28. The company had a trading volume of 1,336,729 shares, compared to its average volume of 561,460. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.42. The business's 50-day simple moving average is $27.38 and its 200 day simple moving average is $25.71. Universal Technical Institute has a 1 year low of $13.66 and a 1 year high of $34.50. The stock has a market cap of $1.86 billion, a P/E ratio of 35.34, a P/E/G ratio of 1.92 and a beta of 1.57.

Universal Technical Institute (NYSE:UTI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.07. The company had revenue of $207.45 million for the quarter, compared to the consensus estimate of $196.63 million. Universal Technical Institute had a net margin of 7.08% and a return on equity of 21.25%. On average, analysts forecast that Universal Technical Institute will post 1 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director George W. Brochick sold 8,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $27.59, for a total value of $220,720.00. Following the transaction, the director now owns 34,917 shares of the company's stock, valued at $963,360.03. This represents a 18.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Sherrell Smith sold 39,446 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $27.85, for a total value of $1,098,571.10. Following the completion of the transaction, the executive vice president now owns 177,912 shares in the company, valued at approximately $4,954,849.20. The trade was a 18.15 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 94,524 shares of company stock valued at $2,578,450. Corporate insiders own 15.10% of the company's stock.

Institutional Trading of Universal Technical Institute

Several institutional investors have recently modified their holdings of the stock. Covestor Ltd grew its position in shares of Universal Technical Institute by 24.4% during the fourth quarter. Covestor Ltd now owns 1,977 shares of the company's stock worth $51,000 after acquiring an additional 388 shares during the last quarter. CWM LLC grew its position in Universal Technical Institute by 105.0% during the first quarter. CWM LLC now owns 2,167 shares of the company's stock worth $56,000 after buying an additional 1,110 shares during the period. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Universal Technical Institute in the 1st quarter worth approximately $61,000. Arcadia Investment Management Corp MI purchased a new position in shares of Universal Technical Institute in the fourth quarter valued at $79,000. Finally, USA Financial Formulas purchased a new position in Universal Technical Institute during the 1st quarter valued at about $84,000. Hedge funds and other institutional investors own 75.67% 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.