Universal Technical Institute Inc. (NYSE:UTI) has been given an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Analysts have set a 1-year consensus target price of $3.00 for the company and are predicting that the company will post ($0.29) EPS for the current quarter, according to Zacks. Zacks has also given Universal Technical Institute an industry rank of 68 out of 265 based on the ratings given to its competitors.
Universal Technical Institute (NYSE:UTI) opened at 2.42 on Tuesday. The firm’s 50-day moving average is $1.83 and its 200-day moving average is $2.38. Universal Technical Institute has a 12 month low of $1.42 and a 12 month high of $5.88. The company’s market capitalization is $58.92 million.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. D. E. Shaw & Co. Inc. boosted its position in Universal Technical Institute by 9.2% in the third quarter. D. E. Shaw & Co. Inc. now owns 128,075 shares of the company’s stock worth $228,000 after buying an additional 10,833 shares during the last quarter. Principal Financial Group Inc. boosted its position in Universal Technical Institute by 1.6% in the third quarter. Principal Financial Group Inc. now owns 151,482 shares of the company’s stock worth $270,000 after buying an additional 2,441 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Universal Technical Institute by 2.2% in the third quarter. Ameriprise Financial Inc. now owns 103,222 shares of the company’s stock worth $184,000 after buying an additional 2,218 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Universal Technical Institute by 144.9% in the third quarter. JPMorgan Chase & Co. now owns 73,835 shares of the company’s stock worth $131,000 after buying an additional 43,681 shares during the last quarter. Finally, Paloma Partners Management Co bought a new position in Universal Technical Institute during the second quarter worth $172,000. 69.59% of the stock is currently owned by hedge funds and other institutional investors.
Universal Technical Institute Company Profile
Universal Technical Institute, Inc provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. The Company segments are Postsecondary education and Other. It offers undergraduate degree or diploma programs at approximately 10 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute.