Universal Technical Institute (NYSE:UTI) Given “Buy” Rating at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Universal Technical Institute (NYSE:UTI) in a report released on Thursday morning,Benzinga reports. They currently have a $36.00 price objective on the stock.

UTI has been the topic of a number of other research reports. Wall Street Zen downgraded Universal Technical Institute from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Barrington Research reissued an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a research report on Monday, September 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Universal Technical Institute in a research report on Thursday, November 13th. Finally, Zacks Research downgraded shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. One equities 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $35.83.

Universal Technical Institute Price Performance

Shares of NYSE UTI opened at $23.53 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 2.27 and a beta of 1.55. The firm’s 50 day simple moving average is $30.29 and its 200-day simple moving average is $30.96. Universal Technical Institute has a 12 month low of $22.10 and a 12 month high of $36.32.

Universal Technical Institute (NYSE:UTI) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. The company had revenue of $222.44 million during the quarter, compared to analysts’ expectations 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. Analysts expect that Universal Technical Institute will post 1 EPS for the current year.

Institutional Trading of Universal Technical Institute

A number of large investors have recently made changes to their positions in the company. Hsbc Holdings PLC acquired a new stake in Universal Technical Institute in the first quarter valued at $256,000. Northern Trust Corp boosted its position in shares of Universal Technical Institute by 12.2% during the 1st quarter. Northern Trust Corp now owns 419,201 shares of the company’s stock worth $10,765,000 after acquiring an additional 45,447 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Universal Technical Institute by 435.0% in the 1st quarter. Raymond James Financial Inc. now owns 206,661 shares of the company’s stock valued at $5,307,000 after acquiring an additional 168,034 shares during the last quarter. Informed Momentum Co LLC increased its holdings in shares of Universal Technical Institute by 333.1% in the 1st quarter. Informed Momentum Co LLC now owns 141,516 shares of the company’s stock valued at $3,634,000 after acquiring an additional 108,838 shares during the last quarter. Finally, Longboard Asset Management LP acquired a new stake in shares of Universal Technical Institute during the 2nd quarter worth about $214,000. 75.67% of the stock is currently owned by hedge funds and other institutional investors.

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.