Universal Technical Institute, Inc. (NYSE:UTI) has been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Brokers have set a 12 month consensus target price of $5.10 for the company and are expecting that the company will post ($0.17) EPS for the current quarter, according to Zacks. Zacks has also given Universal Technical Institute an industry rank of 91 out of 255 based on the ratings given to its competitors.

Several research analysts recently issued reports on UTI shares. ValuEngine raised Universal Technical Institute from a “hold” rating to a “buy” rating in a research report on Tuesday, February 5th. Zacks Investment Research cut Universal Technical Institute from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th.

Hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC purchased a new position in Universal Technical Institute in the fourth quarter worth $45,000. 22NW LP boosted its position in Universal Technical Institute by 80.7% in the fourth quarter. 22NW LP now owns 2,249,966 shares of the company’s stock worth $8,212,000 after purchasing an additional 1,005,000 shares during the last quarter. Northern Trust Corp boosted its position in Universal Technical Institute by 163.9% in the fourth quarter. Northern Trust Corp now owns 143,804 shares of the company’s stock worth $525,000 after purchasing an additional 89,307 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Universal Technical Institute by 29.6% in the fourth quarter. Bank of New York Mellon Corp now owns 25,482 shares of the company’s stock worth $93,000 after purchasing an additional 5,824 shares during the last quarter. Finally, BlackRock Inc. boosted its position in Universal Technical Institute by 3.6% in the fourth quarter. BlackRock Inc. now owns 519,982 shares of the company’s stock worth $1,897,000 after purchasing an additional 17,878 shares during the last quarter. 60.80% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:UTI traded up $0.07 during mid-day trading on Thursday, hitting $3.50. 11,608 shares of the company traded hands, compared to its average volume of 24,989. The stock has a market cap of $86.99 million, a price-to-earnings ratio of -2.16 and a beta of 1.65. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.34. Universal Technical Institute has a 12-month low of $1.86 and a 12-month high of $4.20.

Universal Technical Institute (NYSE:UTI) last announced its earnings results on Tuesday, February 5th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.25). The company had revenue of $83.05 million for the quarter, compared to analysts’ expectations of $81.30 million. Universal Technical Institute had a negative net margin of 12.31% and a negative return on equity of 25.82%. During the same period in the previous year, the firm earned ($0.10) EPS. As a group, equities research analysts expect that Universal Technical Institute will post -0.59 earnings per share for the current year.

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 in the United States. It offers certificate, diploma, or degree programs; and specialized technical education programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.

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