TipRanks

Notifications

UTI Earnings Report this Week: Is It a Buy, Ahead of Earnings?

Universal Technical Institute (UTI) is scheduled to report 1st quarter earnings on 02/07/2024.

Regarding Q1 estimates, Wall Street analysts expect Universal Technical Institute to post earnings of $0.04 per share. Revenue expectations are pegged at $168.33 million. Last quarter, Universal Technical Institute beat earnings estimates, reporting EPS of $0.10 on estimates of $0.07. The stock rose by 16.10% the day after the last earnings release.

Year-to-date, UTI stock has risen by 15.02%.

Is Universal Technical Institute Stock a Buy?

Wall Street’s consensus rating for UTI stock is a Strong Buy, with an average analyst price target of $14.80, implying upside potential of 2.78% from current levels.

UTI shares have gained about 95.12% in the past six months.

About Universal Technical Institute

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.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

Tags: ,