Universal Technical Institute (NYSE:UTI) Earns “Outperform” Rating from Barrington Research

Universal Technical Institute (NYSE:UTI)‘s stock had its “outperform” rating reiterated by analysts at Barrington Research in a report released on Thursday,Benzinga reports. They presently have a $36.00 target price on the stock. Barrington Research’s target price points to a potential upside of 58.66% from the stock’s previous close.

Several other equities research analysts also recently weighed in on UTI. Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a report on Wednesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday. Zacks Research downgraded shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Finally, Wall Street Zen cut Universal Technical Institute from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.83.

Universal Technical Institute Stock Performance

NYSE UTI opened at $22.69 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 1.00. Universal Technical Institute has a 1-year low of $22.27 and a 1-year high of $36.32. The business has a 50 day simple moving average of $30.20 and a two-hundred day simple moving average of $30.91. The stock has a market capitalization of $1.23 billion, a PE ratio of 19.90, a P/E/G ratio of 2.27 and a beta of 1.55.

Universal Technical Institute (NYSE:UTI) last released its quarterly earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.08. Universal Technical Institute had a net margin of 7.79% and a return on equity of 22.12%. The company had revenue of $222.44 million for the quarter, compared to the consensus estimate of $219.33 million. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. On average, research analysts predict that Universal Technical Institute will post 1 EPS for the current fiscal year.

Hedge Funds Weigh In On Universal Technical Institute

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Universal Technical Institute by 4.3% during the 3rd quarter. Vanguard Group Inc. now owns 3,456,452 shares of the company’s stock worth $112,508,000 after buying an additional 141,426 shares during the last quarter. Lord Abbett & CO. LLC increased its stake in shares of Universal Technical Institute by 58.3% in the first quarter. Lord Abbett & CO. LLC now owns 2,924,499 shares of the company’s stock worth $75,101,000 after acquiring an additional 1,077,076 shares during the period. Wasatch Advisors LP raised its holdings in shares of Universal Technical Institute by 22.5% during the third quarter. Wasatch Advisors LP now owns 2,361,019 shares of the company’s stock worth $76,851,000 after purchasing an additional 433,824 shares during the last quarter. Congress Asset Management Co. raised its holdings in shares of Universal Technical Institute by 11.2% during the third quarter. Congress Asset Management Co. now owns 2,076,255 shares of the company’s stock worth $67,582,000 after purchasing an additional 209,476 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Universal Technical Institute by 1.7% during the third quarter. American Century Companies Inc. now owns 1,580,224 shares of the company’s stock valued at $51,436,000 after purchasing an additional 26,025 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.