Universal Technical Institute (NYSE:UTI) Rating Lowered to “Sell” at Wall Street Zen

Universal Technical Institute (NYSE:UTIGet Free Report) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Several other analysts have also commented on UTI. Barrington Research reissued an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Monday, December 29th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $36.20.

Check Out Our Latest Stock Analysis on UTI

Universal Technical Institute Stock Up 3.0%

Shares of NYSE UTI opened at $25.50 on Friday. Universal Technical Institute has a 12-month low of $21.29 and a 12-month high of $36.32. The stock’s fifty day simple moving average is $26.70 and its two-hundred day simple moving average is $28.17. The stock has a market capitalization of $1.40 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 2.21 and a beta of 1.36. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29.

Universal Technical Institute (NYSE:UTIGet Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Universal Technical Institute had a return on equity of 16.98% and a net margin of 6.28%.The firm had revenue of $220.84 million during the quarter, compared to analysts’ expectations of $216.65 million. As a group, analysts expect that Universal Technical Institute will post 1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Coliseum Capital Management, L bought 191,830 shares of the company’s stock in a transaction on Friday, December 5th. The shares were bought at an average price of $25.38 per share, with a total value of $4,868,645.40. Following the transaction, the director owned 3,971,440 shares in the company, valued at approximately $100,795,147.20. This trade represents a 5.08% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have purchased 1,255,173 shares of company stock valued at $30,812,798. 9.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Universal Technical Institute by 4.3% during the third quarter. Vanguard Group Inc. now owns 3,456,452 shares of the company’s stock valued at $112,508,000 after buying an additional 141,426 shares during the last quarter. Wasatch Advisors LP lifted its position in Universal Technical Institute by 22.5% during the 3rd quarter. Wasatch Advisors LP now owns 2,361,019 shares of the company’s stock worth $76,851,000 after acquiring an additional 433,824 shares during the period. Congress Asset Management Co. lifted its position in Universal Technical Institute by 11.2% during the 3rd quarter. Congress Asset Management Co. now owns 2,076,255 shares of the company’s stock worth $67,582,000 after acquiring an additional 209,476 shares during the period. Thrivent Financial for Lutherans grew its stake in Universal Technical Institute by 132.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,998,354 shares of the company’s stock valued at $52,217,000 after purchasing an additional 1,140,465 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Universal Technical Institute by 1.7% in 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.

Key Stories Impacting Universal Technical Institute

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About Universal Technical Institute

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Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.

Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.

Further Reading

Analyst Recommendations for Universal Technical Institute (NYSE:UTI)

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