Universal Technical Institute Inc (UTI) stock expected to loss -22.7% in the coming months

Universal Technical Institute Inc [UTI] stock prices are up 18.70% to $23.61 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The UTI shares have gain 20.83% over the last week, with a monthly amount glided 46.74%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Universal Technical Institute Inc [NYSE: UTI] stock has seen the most recent analyst activity on July 25, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $22. Previously, Northland Capital started tracking the stock with Outperform rating on January 10, 2024, and set its price target to $16. On June 23, 2023, downgrade downgraded it’s rating to Hold. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $11 on July 12, 2022. Argus upgraded its rating to a Buy. Argus downgraded its rating to Hold for this stock on September 25, 2020. In a note dated September 17, 2020, Canaccord Genuity initiated an Buy rating.

The stock price of Universal Technical Institute Inc [UTI] has been fluctuating between $10.46 and $20.73 over the past year. Currently, Wall Street analysts expect the stock to reach $18.25 within the next 12 months. Universal Technical Institute Inc [NYSE: UTI] shares were valued at $23.61 at the most recent close of the market. An investor can expect a potential drop of -22.7% based on the average UTI price forecast.

Analyzing the UTI fundamentals

The Universal Technical Institute Inc [NYSE:UTI] reported sales of 732.69M for trailing twelve months, representing a surge of 15.30%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.04.

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 22.33 points at the first support level, and at 21.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.67, and for the 2nd resistance point, it is at 25.72.

Ratios To Look Out For

It’s worth pointing out that Universal Technical Institute Inc [NYSE:UTI]’s Current Ratio is 1.08. Further, the Quick Ratio stands at 1.02, while the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 4.88 and price to earnings (TTM) ratio is 31.70.

Transactions by insiders

Recent insider trading involved Grant Jerome Alan, Chief Executive Officer, that happened on Aug 23 ’24 when 68000.0 shares were sold. Officer, Grant Jerome Alan completed a deal on Aug 23 ’24 to buy 68000.0 shares. Meanwhile, Director Sanchez Loretta Lydia sold 6288.0 shares on May 24 ’24.

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