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 twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" UTI shares.
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4 equities research analysts have issued 12 month target prices for Universal Technical Institute's stock. Their UTI share price forecasts range from $10.00 to $14.00. On average, they predict the company's share price to reach $11.80 in the next twelve months. This suggests a possible upside of 72.8% from the stock's current price.
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Universal Technical Institute's stock was trading at $7.82 at the beginning of the year. Since then, UTI shares have decreased by 12.7% and is now trading at $6.83.
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Universal Technical Institute saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,200,000 shares, an increase of 45.9% from the June 15th total of 822,300 shares. Based on an average daily volume of 375,600 shares, the days-to-cover ratio is currently 3.2 days. Currently, 5.8% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
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Universal Technical Institute, Inc. (NYSE:UTI) released its earnings results on Wednesday, November, 17th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.06. The business earned $97.48 million during the quarter, compared to the consensus estimate of $95.75 million. Universal Technical Institute had a trailing twelve-month return on equity of 31.52% and a net margin of 8.64%. During the same period in the previous year, the business earned $0.09 earnings per share.

Universal Technical Institute updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $420.00 million-$420.00 million, compared to the consensus revenue estimate of $415.44 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 number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.34%), AWM Investment Company Inc. (3.33%), Deutsche Bank AG (1.95%), Victory Capital Management Inc. (1.89%), Monarch Partners Asset Management LLC (1.19%) and Northern Trust Corp (0.83%). 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 $6.83.

Universal Technical Institute (NYSE:UTI) has a market capitalization of $230.63 million and generates $335.08 million in revenue each year. The company earns $14.58 million in net income (profit) each year or $0.55 on an earnings per share basis.

The company employs 1,660 workers across the globe.

Universal Technical Institute was founded in 1965.

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.