Barrington Research Reaffirms “Outperform” Rating for Universal Technical Institute (NYSE:UTI)

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

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

Universal Technical Institute Price Performance

NYSE:UTI traded down $5.96 during mid-day trading on Thursday, hitting $23.53. 2,624,263 shares of the company’s stock traded hands, compared to its average volume of 743,636. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $1.28 billion, a PE ratio of 20.64, a price-to-earnings-growth ratio of 2.27 and a beta of 1.55. The firm’s 50 day simple moving average is $30.39 and its 200 day simple moving average is $31.01. Universal Technical Institute has a 1 year low of $22.10 and a 1 year high of $36.32.

Universal Technical Institute (NYSE:UTI) last announced its quarterly earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.08. Universal Technical Institute had a net margin of 7.79% and a return on equity of 22.12%. The company had revenue of $222.44 million for the quarter, compared to the consensus estimate of $219.33 million. 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.

Institutional Trading of Universal Technical Institute

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Verdence Capital Advisors LLC increased its stake in shares of Universal Technical Institute by 3.4% during the 3rd quarter. Verdence Capital Advisors LLC now owns 11,259 shares of the company’s stock valued at $383,000 after acquiring an additional 367 shares during the last quarter. Verition Fund Management LLC grew its holdings in Universal Technical Institute by 2.1% in the third quarter. Verition Fund Management LLC now owns 21,034 shares of the company’s stock valued at $685,000 after purchasing an additional 441 shares during the period. Engineers Gate Manager LP increased its position in Universal Technical Institute by 4.3% during the second quarter. Engineers Gate Manager LP now owns 12,299 shares of the company’s stock worth $417,000 after purchasing an additional 506 shares during the last quarter. SkyView Investment Advisors LLC raised its stake in Universal Technical Institute by 1.2% during the second quarter. SkyView Investment Advisors LLC now owns 42,404 shares of the company’s stock worth $1,460,000 after purchasing an additional 506 shares during the period. Finally, New York State Teachers Retirement System boosted its holdings in shares of Universal Technical Institute by 17.0% in the 2nd quarter. New York State Teachers Retirement System now owns 4,254 shares of the company’s stock valued at $144,000 after purchasing an additional 618 shares during the last quarter. 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.