Universal Technical Institute (NYSE:UTI) Releases Quarterly Earnings Results, Beats Expectations By $0.22 EPS

Universal Technical Institute (NYSE:UTI) posted its quarterly earnings results on Wednesday. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.22, Zacks reports. Universal Technical Institute had a net margin of 5.34% and a return on equity of 16.41%. Universal Technical Institute updated its FY 2025 guidance to 0.960-1.040 EPS.

Universal Technical Institute Stock Down 2.0 %

Shares of NYSE:UTI traded down $0.57 during midday trading on Wednesday, reaching $28.38. 1,116,447 shares of the company were exchanged, compared to its average volume of 541,326. The firm has a market cap of $1.54 billion, a PE ratio of 38.35, a P/E/G ratio of 1.90 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.47. Universal Technical Institute has a fifty-two week low of $13.23 and a fifty-two week high of $29.04. The stock has a fifty day simple moving average of $26.01 and a two-hundred day simple moving average of $20.55.

Insider Buying and Selling

In other news, Director Kenneth R. Trammell sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $25.92, for a total transaction of $777,600.00. Following the completion of the transaction, the director now directly owns 128,205 shares of the company’s stock, valued at $3,323,073.60. This trade represents a 18.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 15.10% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on UTI. Barrington Research lifted their price objective on Universal Technical Institute from $25.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Truist Financial upped their price target on Universal Technical Institute from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Rosenblatt Securities lifted their price objective on shares of Universal Technical Institute from $22.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. B. Riley upped their target price on shares of Universal Technical Institute from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Northland Securities lifted their price target on shares of Universal Technical Institute from $24.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat.com, Universal Technical Institute has an average rating of “Buy” and a consensus target price of $27.17.

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.