Universal Technical Institute (UTI) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Technical Institute in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" UTI shares.
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4 Wall Street analysts have issued 1-year target prices for Universal Technical Institute's shares. Their UTI share price forecasts range from $10.00 to $11.00. On average, they expect the company's share price to reach $10.67 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price.
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Universal Technical Institute's stock was trading at $6.72 at the beginning of 2023. Since then, UTI shares have increased by 26.8% and is now trading at $8.52.
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Universal Technical Institute saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 810,800 shares, an increase of 25.5% from the July 31st total of 646,000 shares. Based on an average trading volume of 100,500 shares, the days-to-cover ratio is presently 8.1 days. Approximately 2.5% of the shares of the stock are sold short.
View Universal Technical Institute's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, December 11th 2023.
View our UTI earnings forecast.

Universal Technical Institute, Inc. (NYSE:UTI) released its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.03. The company earned $153.29 million during the quarter, compared to analysts' expectations of $149.85 million. Universal Technical Institute had a trailing twelve-month return on equity of 9.86% and a net margin of 1.31%.

Universal Technical Institute (NYSE:UTI) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UTI will have a dividend payout ratio of 10.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UTI.

Universal Technical Institute issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $602.00 million-$605.00 million, compared to the consensus revenue estimate of $601.21 million.

7 employees have rated Universal Technical Institute Chief Executive Officer Jerome Grant on Glassdoor.com. Jerome Grant has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Technical Institute investors own include Dynavax Technologies (DVAX), General Electric (GE), Advanced Micro Devices (AMD), Ocular Therapeutix (OCUL), Sorrento Therapeutics (SRNE), Pfizer (PFE), AbbVie (ABBV), Ardelyx (ARDX) and A10 Networks (ATEN).

Universal Technical Institute trades on the New York Stock Exchange (NYSE) under the ticker symbol "UTI."

Universal Technical Institute's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.08%), Dimensional Fund Advisors LP (4.98%), Renaissance Technologies LLC (3.43%), AWM Investment Company Inc. (3.30%), Coliseum Capital Management LLC (2.73%) and Goldman Sachs Group Inc. (1.95%). Insiders that own company stock include Coliseum Capital Management, L and Jerome Alan Grant.
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Shares of UTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UTI stock can currently be purchased for approximately $8.52.

Universal Technical Institute (NYSE:UTI) has a market capitalization of $290.27 million and generates $547.75 million in revenue each year. The company earns $25.85 million in net income (profit) each year or $0.04 on an earnings per share basis.

The company employs 1,950 workers across the globe.

Universal Technical Institute's mailing address is 4225 EAST WINDROSE DRIVE SUITE 200, PHOENIX AZ, 85032. The official website for the company is www.uti.edu. The company can be reached via phone at (623) 445-9500, via email at investors@uti.edu, or via fax at 302-655-5049.