In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Universal Technical Institute (UTI – Research Report), with a price target of $10.00. The company’s shares closed yesterday at $5.90.
According to TipRanks, Paris is a 5-star analyst with an average return of 13.8% and a 56.79% success rate. Paris covers the Services sector, focusing on stocks such as Lincoln Edu, American Public Education, and Perdoceo Education.
Currently, the analyst consensus on Universal Technical Institute is a Strong Buy with an average price target of $9.67, a 63.90% upside from current levels. In a report released today, Lake Street also maintained a Buy rating on the stock with a $10.00 price target.
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UTI market cap is currently $199.2M and has a P/E ratio of 15.90.
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Universal Technical Institute, Inc. engages in the provision of postsecondary education. It operates through the Postsecondary Education and Other segments. The Postsecondary Education segment offers technical training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as well as welders and CNC machining technicians. The Other segment provides manufacturer-specific training and these operations are managed separately from campus operations. The company was founded by Robert I. Sweet in 1965 and is headquartered in Scottsdale, AZ.
Read More on UTI:
- Universal Technical reports Q4 EPS 3c vs 20c last year
- Universal Technical Institute Reports Fiscal Year 2022 Fourth Quarter and Year-End Results
- Universal Technical Institute Expands Platform of Workforce Solutions Offerings with Completion of Concorde Career Colleges, Inc. Acquisition
- Universal Technical Institute Reports Preliminary, Unaudited Financial Results for Full Fiscal Year 2022; Provides Updates on Concorde Acquisition and New Financing Agreement
