Universal Technical Institute (NYSE: UTI)‘s stock had its “neutral” rating restated by Zacks in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports. They currently have a $12.00 target price on the stock. Zacks‘ target price would suggest a potential upside of 2.21% from the stock’s previous close.
Universal Technical Institute (NYSE: UTI) traded down 0.09% on Wednesday, hitting $11.73. Universal Technical Institute has a 1-year low of $8.00 and a 1-year high of $13.97. The stock’s 50-day moving average is currently $11.31. The company has a market cap of $286.4 million and a price-to-earnings ratio of 55.64.
Universal Technical Institute (NYSE: UTI) last released its earnings data on Tuesday, April 30th. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.08. The company had revenue of $95.10 million for the quarter, compared to the consensus estimate of $95.68 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The company’s quarterly revenue was down 10.5% on a year-over-year basis. On average, analysts predict that Universal Technical Institute will post $0.19 earnings per share for the current fiscal year.
Separately, analysts at Thomson Reuters/Verus upgraded shares of Universal Technical Institute from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, April 30th.
Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $10.00.
Universal Technical Institute, Inc (NYSE: UTI) provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians.
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