Universal Technical Institute’s (UTI) Outperform Rating Reaffirmed at Barrington Research

Universal Technical Institute (NYSE:UTI)‘s stock had its “outperform” rating reiterated by analysts at Barrington Research in a note issued to investors on Thursday,Benzinga reports. They presently have a $36.00 target price on the stock. Barrington Research’s price target would suggest a potential upside of 53.00% from the company’s previous close.

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

Universal Technical Institute Stock Down 20.2%

Universal Technical Institute stock traded down $5.96 during mid-day trading on Thursday, reaching $23.53. 2,624,263 shares of the company’s stock were exchanged, compared to its average volume of 743,636. The company has a fifty day moving average of $30.39 and a 200-day moving average of $31.01. The company has a market cap of $1.28 billion, a P/E ratio of 20.64, a P/E/G ratio of 2.27 and a beta of 1.55. Universal Technical Institute has a twelve month low of $22.10 and a twelve month high of $36.32. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.23.

Universal Technical Institute (NYSE:UTI) last announced its quarterly earnings results on Wednesday, November 19th. The company reported $0.34 EPS 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 analyst estimates of $219.33 million. Universal Technical Institute had a net margin of 7.79% and a return on equity of 22.12%. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. Sell-side analysts expect that Universal Technical Institute will post 1 EPS for the current year.

Hedge Funds Weigh In On Universal Technical Institute

A number of large investors have recently made changes to their positions in the stock. CANADA LIFE ASSURANCE Co lifted its stake in shares of Universal Technical Institute by 15.9% in the third quarter. CANADA LIFE ASSURANCE Co now owns 26,503 shares of the company’s stock valued at $869,000 after purchasing an additional 3,639 shares during the period. Alyeska Investment Group L.P. lifted its position in shares of Universal Technical Institute by 95.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 822,533 shares of the company’s stock valued at $26,773,000 after acquiring an additional 402,250 shares during the period. Wasatch Advisors LP boosted its stake in shares of 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 in the last quarter. Verition Fund Management LLC grew its holdings in shares of Universal Technical Institute by 2.1% in the 3rd quarter. Verition Fund Management LLC now owns 21,034 shares of the company’s stock worth $685,000 after acquiring an additional 441 shares during the period. Finally, Punch & Associates Investment Management Inc. grew its holdings in shares of Universal Technical Institute by 14.4% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,162,277 shares of the company’s stock worth $37,832,000 after acquiring an additional 146,117 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.