Universal Technical Institute (UTI) Scheduled to Post Earnings on Wednesday

Universal Technical Institute (NYSE:UTI) is scheduled to release its earnings data after the market closes on Wednesday, November 20th. Analysts expect Universal Technical Institute to post earnings of $0.30 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Universal Technical Institute Trading Up 0.4 %

NYSE UTI opened at $19.61 on Monday. The firm’s fifty day moving average is $16.85 and its two-hundred day moving average is $16.48. Universal Technical Institute has a one year low of $9.98 and a one year high of $20.73. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $1.06 billion, a PE ratio of 39.22, a P/E/G ratio of 1.43 and a beta of 1.34.

Insider Buying and Selling

In other Universal Technical Institute news, CEO Jerome Alan Grant sold 68,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $17.53, for a total value of $1,192,040.00. Following the completion of the transaction, the chief executive officer now directly owns 136,443 shares of the company’s stock, valued at approximately $2,391,845.79. This trade represents a 33.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 27.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on UTI shares. Barrington Research restated an “outperform” rating and issued a $22.00 price target on shares of Universal Technical Institute in a research report on Friday. StockNews.com upgraded Universal Technical Institute from a “hold” rating to a “buy” rating in a research note on Wednesday, August 7th. B. Riley lifted their price objective on shares of Universal Technical Institute from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Northland Securities upped their price objective on shares of Universal Technical Institute from $18.00 to $20.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Finally, Truist Financial assumed coverage on shares of Universal Technical Institute in a report on Thursday, July 25th. They issued a “buy” rating and a $22.00 target price on the stock. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $22.20.

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.