Universal Technical Institute (NYSE:UTI) Shares Gap Down – Here’s What Happened

Universal Technical Institute Inc (NYSE:UTI)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $29.49, but opened at $27.98. Universal Technical Institute shares last traded at $26.1760, with a volume of 381,180 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on UTI shares. Wall Street Zen downgraded shares of Universal Technical Institute from a “buy” rating to a “hold” rating in a report on Sunday, September 21st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday. Weiss Ratings reissued a “buy (b-)” rating on shares of Universal Technical Institute in a report on Thursday, November 13th. Zacks Research lowered Universal Technical Institute from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Finally, Barrington Research reiterated an “outperform” rating and set a $36.00 price objective on shares of Universal Technical Institute in a research report on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Universal Technical Institute presently has an average rating of “Moderate Buy” and an average target price of $35.83.

Universal Technical Institute Stock Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $1.35 billion, a P/E ratio of 22.20, a P/E/G ratio of 2.27 and a beta of 1.55. The business’s 50-day moving average price is $30.39 and its 200-day moving average price is $31.01.

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

Institutional Investors Weigh In On Universal Technical Institute

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new position in shares of Universal Technical Institute in the second quarter worth approximately $27,000. Penserra Capital Management LLC purchased a new position in shares of Universal Technical Institute during the 2nd quarter valued at $28,000. KBC Group NV bought a new position in Universal Technical Institute in the 2nd quarter worth $34,000. PNC Financial Services Group Inc. increased its stake in Universal Technical Institute by 17,142.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock worth $41,000 after buying an additional 1,200 shares in the last quarter. Finally, CWM LLC raised its holdings in Universal Technical Institute by 105.0% during the first quarter. CWM LLC now owns 2,167 shares of the company’s stock valued at $56,000 after acquiring an additional 1,110 shares during the period. Institutional investors own 75.67% of the company’s stock.

Universal Technical Institute Company Profile

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.