Universal Technical Institute (NYSE:UTI - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, November 20th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
Universal Technical Institute Price Performance
Shares of Universal Technical Institute stock traded up $0.45 during trading hours on Wednesday, hitting $20.59. The company's stock had a trading volume of 124,880 shares, compared to its average volume of 522,555. The company has a market cap of $1.11 billion, a PE ratio of 41.16, a PEG ratio of 1.47 and a beta of 1.34. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.02 and a current ratio of 1.02. The business has a 50 day moving average price of $16.65 and a two-hundred day moving average price of $16.39. Universal Technical Institute has a 12-month low of $9.55 and a 12-month high of $20.73.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on UTI. B. Riley boosted their target price 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. Truist Financial began coverage on shares of Universal Technical Institute in a report on Thursday, July 25th. They set a "buy" rating and a $22.00 price objective for the company. Northland Securities raised their price objective on Universal Technical Institute from $18.00 to $20.00 and gave the company an "outperform" rating in a research report on Wednesday, August 7th. StockNews.com upgraded Universal Technical Institute from a "hold" rating to a "buy" rating in a research report on Wednesday, August 7th. Finally, Barrington Research restated an "outperform" rating and issued a $22.00 target price on shares of Universal Technical Institute in a report on Wednesday, August 7th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, Universal Technical Institute has an average rating of "Buy" and a consensus price target of $22.20.
View Our Latest Stock Analysis on UTI
Insiders Place Their Bets
In other news, CEO Jerome Alan Grant sold 68,000 shares of the business's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $17.53, for a total value of $1,192,040.00. Following the completion of the sale, the chief executive officer now owns 136,443 shares in the company, valued at approximately $2,391,845.79. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 27.60% of the company's stock.
Universal Technical Institute Company Profile
(
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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.
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