Universal Technical Institute (NYSE:UTI) Stock Rating Upgraded by ValuEngine

Universal Technical Institute (NYSE:UTI) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Friday, June 1st.

Separately, Zacks Investment Research raised Universal Technical Institute from a “sell” rating to a “hold” rating in a research report on Monday, February 5th.

Shares of NYSE:UTI opened at $3.05 on Friday. Universal Technical Institute has a 52 week low of $2.21 and a 52 week high of $3.80. The company has a market capitalization of $78.33 million, a price-to-earnings ratio of -5.98 and a beta of 3.17. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.27.

Universal Technical Institute (NYSE:UTI) last announced its earnings results on Thursday, May 3rd. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.21). The firm had revenue of $80.66 million during the quarter. Universal Technical Institute had a negative return on equity of 12.34% and a negative net margin of 4.58%. research analysts anticipate that Universal Technical Institute will post -1.08 EPS for the current year.

Several hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC lifted its position in shares of Universal Technical Institute by 1.7% during the 4th quarter. Renaissance Technologies LLC now owns 1,374,000 shares of the company’s stock valued at $3,298,000 after buying an additional 22,430 shares in the last quarter. 22NW LP lifted its position in shares of Universal Technical Institute by 58.6% during the 1st quarter. 22NW LP now owns 1,084,936 shares of the company’s stock valued at $3,190,000 after buying an additional 400,924 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Universal Technical Institute by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 842,373 shares of the company’s stock valued at $2,923,000 after buying an additional 28,802 shares in the last quarter. Quantum Capital Management lifted its position in shares of Universal Technical Institute by 53.8% during the 1st quarter. Quantum Capital Management now owns 364,470 shares of the company’s stock valued at $1,072,000 after buying an additional 127,535 shares in the last quarter. Finally, Teton Advisors Inc. lifted its position in shares of Universal Technical Institute by 78.1% during the 1st quarter. Teton Advisors Inc. now owns 130,000 shares of the company’s stock valued at $382,000 after buying an additional 57,000 shares in the last quarter. 63.25% of the stock is currently owned by hedge funds and other institutional investors.

About Universal Technical Institute

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. The company offers undergraduate degree and diploma programs, and specialized technical education programs through its 12 campuses under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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