Universal Technical Institute (NYSE:UTI) Issues Earnings Results

Universal Technical Institute (NYSE:UTI) announced its quarterly earnings results on Wednesday. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.08, Zacks reports. Universal Technical Institute had a return on equity of 22.12% and a net margin of 7.79%.The firm had revenue of $222.44 million for the quarter, compared to analysts’ expectations of $219.33 million. Universal Technical Institute updated its FY 2026 guidance to 0.710-0.800 EPS.

Universal Technical Institute Stock Performance

NYSE UTI opened at $23.53 on Friday. Universal Technical Institute has a 52-week low of $22.10 and a 52-week high of $36.32. The company has a fifty day moving average of $30.29 and a 200-day moving average of $30.96. The company has a market capitalization 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. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.00.

Institutional Investors Weigh In On Universal Technical Institute

Several hedge funds have recently added to or reduced their stakes in UTI. Newbridge Financial Services Group Inc. purchased a new position in shares of Universal Technical Institute in the 2nd quarter worth about $27,000. NewEdge Advisors LLC purchased a new stake in Universal Technical Institute in the first quarter worth approximately $57,000. Creative Planning purchased a new stake in Universal Technical Institute in the third quarter worth approximately $254,000. Freestone Grove Partners LP bought a new position in Universal Technical Institute during the third quarter valued at approximately $282,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of Universal Technical Institute by 582.1% during the second quarter. Tower Research Capital LLC TRC now owns 8,690 shares of the company’s stock worth $295,000 after acquiring an additional 7,416 shares in the last quarter. Institutional investors own 75.67% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.