Universal Technical Institute (NYSE:UTI) Updates 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 Stock Performance

Universal Technical Institute stock traded down $0.05 during trading on Wednesday, reaching $19.89. The company had a trading volume of 672,223 shares, compared to its average volume of 518,402. The firm’s 50-day simple moving average is $16.98 and its 200 day simple moving average is $16.54. 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 52 week low of $10.46 and a 52 week high of $20.73. The firm 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.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other Universal Technical Institute news, CEO Jerome Alan Grant sold 68,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 136,443 shares in the company, valued at $2,391,845.79. The trade was a 33.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 27.60% of the stock is 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.