Are Universal Technical Institute Inc (UTI) stocks a prudent buy?

At the time of writing, Universal Technical Institute Inc [UTI] stock is trading at $15.48, up 4.74%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UTI shares have gain 5.81% over the last week, with a monthly amount glided 3.82%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 4, April 2024, Universal Technical Institute, Inc. continues to execute its strategy of growth, diversification and optimization as its UTI division launches HVACR program expansions. In a post published today on Yahoo Finance, Avondale, Ariz., and Long Beach, Calif., campuses begin nine-month heating, ventilation, air conditioning and refrigeration technician programs.

From an analyst’s perspective:

Universal Technical Institute Inc [NYSE: UTI] stock has seen the most recent analyst activity on January 10, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $16. Previously, Argus downgraded its rating to Hold on June 23, 2023. On July 12, 2022, Rosenblatt initiated with a Buy rating and assigned a price target of $11 on the stock. Argus upgraded its rating to a Buy. Argus downgraded its rating to a Hold. In a note dated July 21, 2020, Barrington Research initiated an Outperform rating and provided a target price of $9 on this stock.

For the past year, the stock price of Universal Technical Institute Inc fluctuated between $5.63 and $16.37. Currently, Wall Street analysts expect the stock to reach $9.67 within the next 12 months. Universal Technical Institute Inc [NYSE: UTI] shares were valued at $15.48 at the most recent close of the market. An investor can expect a potential drop of -37.53% based on the average UTI price forecast.

Analyzing the UTI fundamentals

According to Universal Technical Institute Inc [NYSE:UTI], the company’s sales were 662.10M for trailing twelve months, which represents an 45.57% jump. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.10 points at the first support level, and at 14.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.77, and for the 2nd resistance point, it is at 16.07.

Universal Technical Institute Inc [UTI] reported earnings per share of $0.17 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0.13 and a surprise factor of 325.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.1 per share as compared to estimates of $0.06 per share, a difference of $0.04 representing a surprise of 66.70%.

Ratios To Look Out For

It is important to note that Universal Technical Institute Inc [NYSE:UTI] has a current ratio of 1.09. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 3.74 and price to earnings (TTM) ratio is 60.02.

Transactions by insiders

Recent insider trading involved Sanchez Loretta Lydia, Director, that happened on Mar 26 ’24 when 8719.0 shares were sold. Director, Coliseum Capital Management, L completed a deal on Feb 15 ’24 to sell 3.96 million shares. Meanwhile, EVP and CFO Anderson Troy R sold 7173.0 shares on Dec 14 ’23.

Related Posts