Universal Technical Institute (NYSE:UTI) Updates FY25 Earnings Guidance

Universal Technical Institute (NYSE:UTI) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.93-1.01 for the period, compared to the consensus earnings per share estimate of $0.96. The company issued revenue guidance of $800-815 million, compared to the consensus revenue estimate of $798.88 million. Universal Technical Institute also updated its FY 2025 guidance to 0.930-1.010 EPS.

Universal Technical Institute Trading Down 0.3 %

Shares of Universal Technical Institute stock traded down $0.05 on Wednesday, hitting $19.89. 672,223 shares of the company’s stock traded hands, compared to its average volume of 518,402. Universal Technical Institute has a one year low of $10.46 and a one year high of $20.73. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 39.76, a price-to-earnings-growth ratio of 1.43 and a beta of 1.34. The company has a fifty day moving average of $16.98 and a two-hundred day moving average of $16.54.

Wall Street Analyst Weigh In

Several research analysts have weighed in on UTI shares. Rosenblatt Securities reissued a “buy” rating and issued a $22.00 price objective on shares of Universal Technical Institute in a research report on Wednesday, September 11th. Northland Securities lifted their target price on shares of Universal Technical Institute from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. StockNews.com upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a research note on Wednesday, August 7th. Truist Financial initiated coverage on shares of Universal Technical Institute in a research note on Thursday, July 25th. They issued a “buy” rating and a $22.00 price objective for the company. Finally, Barrington Research reiterated an “outperform” rating and issued a $22.00 price target on shares of Universal Technical Institute in a research report on Friday, November 15th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Universal Technical Institute has an average rating of “Buy” and an average price target of $22.20.

Insider Buying and Selling at Universal Technical Institute

In related news, CEO Jerome Alan Grant sold 68,000 shares of Universal Technical Institute stock in a transaction on 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 sale, the chief executive officer now owns 136,443 shares in the company, valued at $2,391,845.79. The trade was a 33.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 27.60% of the company’s stock.

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.