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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Technical Institute in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UTI shares.
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4 Wall Street analysts have issued twelve-month target prices for Universal Technical Institute's shares. Their UTI share price forecasts range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 50.0% from the stock's current price.
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Universal Technical Institute's stock was trading at $6.72 at the beginning of the year. Since then, UTI stock has decreased by 3.3% and is now trading at $6.50.
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Universal Technical Institute saw a decrease in short interest in May. As of May 15th, there was short interest totaling 592,300 shares, a decrease of 13.5% from the April 30th total of 685,000 shares. Based on an average daily volume of 121,800 shares, the days-to-cover ratio is presently 4.9 days. Approximately 1.8% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
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Universal Technical Institute, Inc. (NYSE:UTI) released its quarterly earnings data on Wednesday, November, 17th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.06. The business earned $97.48 million during the quarter, compared to analyst estimates of $95.75 million. Universal Technical Institute had a net margin of 1.98% and a trailing twelve-month return on equity of 14.97%. During the same quarter in the previous year, the business earned $0.09 EPS.

First Trust Dow Jones Select Microcap Index Fund holds 90,449 shares of UTI stock, representing 0.43% of its portfolio.

Universal Technical Institute issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $595.00 million-$610.00 million, compared to the consensus revenue estimate of $600.32 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), Ampio Pharmaceuticals (AMPE), 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.96%), Dimensional Fund Advisors LP (4.69%), Private Management Group Inc. (4.14%), Renaissance Technologies LLC (3.46%), Putnam Investments LLC (1.79%) and Acuitas Investments LLC (1.77%). Insiders that own company stock include Coliseum Capital Management, L, Jerome Alan Grant and Kimberly J Mcwaters.
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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 $6.50.

Universal Technical Institute (NYSE:UTI) has a market capitalization of $221.46 million and generates $418.77 million in revenue each year. The company earns $25.85 million in net income (profit) each year or $0.08 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.