Universal Technical Institute Inc (NYSE: UTI) is 37.22% higher on its value in year-to-date trading and has touched a low of $7.46 and a high of $19.79 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UTI stock was last observed hovering at around $16.92 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $17.18, the stock is -5.23% and 5.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.67 million and changing 1.54% at the moment leaves the stock 21.57% off its SMA200. UTI registered 114.21% gain for a year compared to 6-month gain of 16.87%.
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The stock witnessed a 7.98% loss in the last 1 month and extending the period to 3 months gives it a 2.94%, and is -6.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.11% over the week and 3.85% over the month.
Universal Technical Institute Inc (UTI) has around 3000 employees, a market worth around $924.28M and $706.63M in sales. Current P/E ratio is 34.19 and Fwd P/E is 18.37. Profit margin for the company is 3.20%. Distance from 52-week low is 130.29% and -13.19% from its 52-week high. The company has generated returns on investments over the last 12 months (4.29%).
The EPS is expected to grow by 444.87% this year
The shares outstanding are 53.80M, and float is at 49.95M with Short Float at 3.62%.
Universal Technical Institute Inc (UTI) Insider Activity
The most recent transaction is an insider sale by Sanchez Loretta Lydia, the company’s Director. SEC filings show that Sanchez Loretta Lydia sold 6,288 shares of the company’s common stock on May 24 ’24 at a price of $15.22 per share for a total of $95703.0. Following the sale, the insider now owns 13712.0 shares.
Universal Technical Institute Inc disclosed in a document filed with the SEC on Mar 26 ’24 that Sanchez Loretta Lydia (Director) sold a total of 8,719 shares of the company’s common stock. The trade occurred on Mar 26 ’24 and was made at $15.07 per share for $0.13 million. Following the transaction, the insider now directly holds 20000.0 shares of the UTI stock.
Still, SEC filings show that on Feb 15 ’24, Coliseum Capital Management, L (Director) disposed off 3,956,427 shares at an average price of $15.05 for $59.54 million. The insider now directly holds 9,334,215 shares of Universal Technical Institute Inc (UTI).
