Universal Technical Institute (NYSE:UTI) Reaches New 1-Year Low – What’s Next?

Shares of Universal Technical Institute Inc (NYSE:UTI) hit a new 52-week low on Friday . The company traded as low as $22.58 and last traded at $22.3250, with a volume of 318351 shares changing hands. The stock had previously closed at $23.46.

Analyst Ratings Changes

Several equities analysts have commented on UTI shares. Rosenblatt Securities reiterated a “buy” rating and set a $36.00 price target on shares of Universal Technical Institute in a report on Thursday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Wednesday. Zacks Research downgraded shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Wall Street Zen cut shares of Universal Technical Institute from a “buy” rating to a “hold” rating in a report on Sunday, September 21st. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $35.83.

Universal Technical Institute Price Performance

The company has a market cap of $1.24 billion, a P/E ratio of 19.98, a P/E/G ratio of 2.27 and a beta of 1.55. The stock has a 50-day simple moving average of $30.29 and a 200 day simple moving average of $30.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.00.

Universal Technical Institute (NYSE:UTI) last issued its earnings results on Wednesday, November 19th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.08. The business had revenue of $222.44 million during the quarter, compared to analyst estimates of $219.33 million. Universal Technical Institute had a return on equity of 22.12% and a net margin of 7.79%. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. On average, equities analysts expect that Universal Technical Institute Inc will post 1 EPS for the current year.

Institutional Trading of Universal Technical Institute

Several institutional investors have recently made changes to their positions in UTI. CANADA LIFE ASSURANCE Co increased its stake in Universal Technical Institute by 15.9% in the third quarter. CANADA LIFE ASSURANCE Co now owns 26,503 shares of the company’s stock valued at $869,000 after acquiring an additional 3,639 shares during the period. Alyeska Investment Group L.P. boosted its holdings in Universal Technical Institute by 95.7% during the third quarter. Alyeska Investment Group L.P. now owns 822,533 shares of the company’s stock valued at $26,773,000 after purchasing an additional 402,250 shares in the last quarter. Wasatch Advisors LP grew its stake in shares of Universal Technical Institute by 22.5% in the 3rd quarter. Wasatch Advisors LP now owns 2,361,019 shares of the company’s stock valued at $76,851,000 after purchasing an additional 433,824 shares during the period. Verition Fund Management LLC raised its holdings in shares of Universal Technical Institute by 2.1% in the 3rd quarter. Verition Fund Management LLC now owns 21,034 shares of the company’s stock worth $685,000 after buying an additional 441 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. lifted its position in shares of Universal Technical Institute by 14.4% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,162,277 shares of the company’s stock worth $37,832,000 after buying an additional 146,117 shares during the period. 75.67% of the stock is currently owned by institutional investors and hedge funds.

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.