Universal Technical Institute Inc (NYSE: UTI) has seen a decline in its stock price by -11.32 in relation to its previous close of 16.69. However, the company has experienced a -3.96% decline in its stock price over the last five trading sessions. PRNewsWire reported 2024-05-09 that PHOENIX, May 9, 2024 /PRNewswire/ — Universal Technical Institute, Inc. (NYSE: UTI) (the “Company”), a leading workforce solutions education provider, is scheduled to participate in the following investor conferences in May 2024: 19th Annual Needham Technology, Media, & Consumer Conference Location: Westin Grand Central Hotel in New York City, NYFormat: Presentation, with one-on-one and group meetingsPresentation Date and Time: Wednesday, May 15 th at 2:15 p.m. Eastern time Webcast: https://wsw.com/webcast/needham139/uti/2095086 18th Annual Barrington Research Virtual Spring Investment Conference Location: VirtualFormat: One-on-one and group meetings onlyWhen: Thursday, May 16 th B.
Is It Worth Investing in Universal Technical Institute Inc (NYSE: UTI) Right Now?
Universal Technical Institute Inc (NYSE: UTI) has a price-to-earnings ratio of 41.40x that is above its average ratio. Additionally, the 36-month beta value for UTI is 1.25. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for UTI is 49.87M and currently, short sellers hold a 2.95% ratio of that float. The average trading volume of UTI on May 09, 2024 was 587.00K shares.
UTI’s Market Performance
The stock of Universal Technical Institute Inc (UTI) has seen a -3.96% decrease in the past week, with a -2.70% drop in the past month, and a -8.64% fall in the past quarter. The volatility ratio for the week is 3.65%, and the volatility levels for the past 30 days are at 2.92% for UTI. The simple moving average for the last 20 days is -2.33% for UTI stock, with a simple moving average of 26.83% for the last 200 days.
Analysts’ Opinion of UTI
Many brokerage firms have already submitted their reports for UTI stocks, with Northland Capital repeating the rating for UTI by listing it as a “Outperform.” The predicted price for UTI in the upcoming period, according to Northland Capital is $16 based on the research report published on January 10, 2024 of the current year 2024.
Rosenblatt gave a rating of “Buy” to UTI, setting the target price at $11 in the report published on July 12th of the previous year.
UTI Trading at -1.56% from the 50-Day Moving Average
After a stumble in the market that brought UTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.40% of loss for the given period.
Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 3.65%, as shares sank -4.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.81% lower at present.
During the last 5 trading sessions, UTI fell by -5.19%, which changed the moving average for the period of 200-days by +103.20% in comparison to the 20-day moving average, which settled at $15.12. In addition, Universal Technical Institute Inc saw 18.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UTI starting from Sanchez Loretta Lydia, who sale 8,719 shares at the price of $15.07 back on Mar 26 ’24. After this action, Sanchez Loretta Lydia now owns 20,000 shares of Universal Technical Institute Inc, valued at $131,381 using the latest closing price.
Coliseum Capital Management, L, the Director of Universal Technical Institute Inc, sale 3,956,427 shares at $15.05 during a trade that took place back on Feb 15 ’24, which means that Coliseum Capital Management, L is holding 9,334,215 shares at $59,544,226 based on the most recent closing price.
Stock Fundamentals for UTI
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.6 for the gross margin
The net margin for Universal Technical Institute Inc stands at 0.03. The total capital return value is set at 0.07. Equity return is now at value 8.60, with 2.76 for asset returns.
Based on Universal Technical Institute Inc (UTI), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 1.28. The interest coverage ratio of the stock is 5.8.
Currently, EBITDA for the company is 73.56 million with net debt to EBITDA at 2.32. When we switch over and look at the enterprise to sales, we see a ratio of 1.44. The receivables turnover for the company is 10.44for trailing twelve months and the total asset turnover is 0.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
In conclusion, Universal Technical Institute Inc (UTI) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
