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

Universal Technical Institute (NYSE:UTI) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.93-1.01 for the period, compared to the consensus EPS 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 Price Performance

Shares of NYSE:UTI opened at $19.89 on Thursday. The firm has a 50 day moving average of $17.06 and a 200-day moving average of $16.57. The stock has a market capitalization of $1.07 billion, a PE ratio of 39.78, a PEG ratio of 1.45 and a beta of 1.34. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.56. Universal Technical Institute has a 12 month low of $10.46 and a 12 month high of $20.73.

Analyst Upgrades and Downgrades

UTI has been the topic of several research reports. Barrington Research restated an “outperform” rating and set a $22.00 price objective on shares of Universal Technical Institute in a report on Friday, November 15th. B. Riley upped their price objective on shares of Universal Technical Institute from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. StockNews.com upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a report on Wednesday, August 7th. Rosenblatt Securities restated a “buy” rating and set a $22.00 price objective on shares of Universal Technical Institute in a report on Wednesday, September 11th. Finally, Truist Financial initiated coverage on shares of Universal Technical Institute in a report on Thursday, July 25th. They set a “buy” rating and a $22.00 price objective on the stock. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $23.00.

Insider Activity

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

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.