Universal Technical Institute Inc (NYSE: UTI) is 14.86% higher on its value in year-to-date trading and has touched a low of $13.23 and a high of $29.04 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 $28.39 in the last trading session, with the day’s gains setting it 1.14%.
Currently trading at $29.53, the stock is 10.73% and 13.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing 4.02% at the moment leaves the stock 55.98% off its SMA200. UTI registered 98.86% gain for a year compared to 6-month gain of 68.74%. The firm has a 50-day simple moving average (SMA 50) of $25.999 and a 200-day simple moving average (SMA200) of $18.8572.
The stock witnessed a 14.59% loss in the last 1 month and extending the period to 3 months gives it a 78.21%, and is 6.45% up 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 5.25% over the week and 3.91% over the month.
Universal Technical Institute Inc (UTI) has around 3700 employees, a market worth around $1.61B and $759.42M in sales. Current P/E ratio is 30.35 and Fwd P/E is 26.80. Profit margin for the company is 7.08%. Distance from 52-week low is 123.20% and 1.69% from its 52-week high. The company has generated returns on investments over the last 12 months (9.93%).
The EPS is expected to grow by 32.53% this year
250.0 institutions hold shares in Universal Technical Institute Inc (UTI), with institutional investors hold 90.33% of the company’s shares. The shares outstanding are 54.37M, and float is at 49.87M with Short Float at 2.96%. Institutions hold 88.00% of the Float.
The top institutional shareholder in the company is COLISEUM CAPITAL MANAGEMENT, LLC with over 9.33 million shares valued at $146.83 million. The investor’s holdings represent 17.3637 of the UTI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.09 million shares valued at $48.61 million to account for 5.7482 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.64 million shares representing 4.9127 and valued at over $41.54 million, while PARK WEST ASSET MANAGEMENT LLC holds 4.3936 of the shares totaling 2.36 million with a market value of $37.15 million.
Universal Technical Institute Inc (UTI) Insider Activity
The most recent transaction is an insider sale by Coliseum Capital Management, L, the company’s Director. SEC filings show that Coliseum Capital Management, L sold 2,483,579 shares of the company’s common stock on Dec 02 ’24 at a price of $25.10 per share for a total of $62.34 million. Following the sale, the insider now owns 6.85 million shares.
Still, SEC filings show that on Nov 27 ’24, TRAMMELL KENNETH R (Director) disposed off 30,000 shares at an average price of $25.92 for $0.78 million. The insider now directly holds 128,205 shares of Universal Technical Institute Inc (UTI).
