Universal Technical Institute (NYSE:UTI) Announces Quarterly Earnings Results, Beats Estimates By $0.22 EPS

Universal Technical Institute (NYSE:UTI - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.22, Zacks reports. Universal Technical Institute had a net margin of 5.34% and a return on equity of 16.41%. Universal Technical Institute updated its FY 2025 guidance to 0.960-1.040 EPS.

Universal Technical Institute Stock Down 2.0 %

Shares of UTI traded down $0.57 during trading hours on Wednesday, reaching $28.38. 1,116,447 shares of the stock traded hands, compared to its average volume of 541,326. Universal Technical Institute has a 52 week low of $13.23 and a 52 week high of $29.04. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.47. The stock has a fifty day simple moving average of $26.01 and a 200 day simple moving average of $20.55. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 38.35, a PEG ratio of 1.90 and a beta of 1.45.

Wall Street Analysts Forecast Growth

UTI has been the topic of several research analyst reports. Lake Street Capital upped their target price on Universal Technical Institute from $19.00 to $22.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Rosenblatt Securities raised their price objective on shares of Universal Technical Institute from $22.00 to $30.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Truist Financial boosted their target price on shares of Universal Technical Institute from $22.00 to $26.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. B. Riley raised their price target on shares of Universal Technical Institute from $22.00 to $25.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Finally, Barrington Research upped their price objective on shares of Universal Technical Institute from $25.00 to $30.00 and gave the company an "outperform" rating in a report on Friday, January 17th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $27.17.

Insider Buying and Selling at Universal Technical Institute

In related news, Director Kenneth R. Trammell sold 30,000 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $25.92, for a total transaction of $777,600.00. Following the sale, the director now directly owns 128,205 shares in the company, valued at approximately $3,323,073.60. This represents a 18.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 15.10% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.