Universal Technical Institute, Inc. (UTI)

NYSE: UTI · IEX Real-Time Price · USD
14.59
+0.07 (0.48%)
Apr 24, 2024, 2:37 PM EDT - Market open
0.48%
Market Cap 783.95M
Revenue (ttm) 662.10M
Net Income (ttm) 9.46M
Shares Out 53.73M
EPS (ttm) 0.26
PE Ratio 56.35
Forward PE 19.73
Dividend n/a
Ex-Dividend Date n/a
Volume 160,435
Open 14.55
Previous Close 14.52
Day's Range 14.47 - 14.77
52-Week Range 5.63 - 16.37
Beta 1.21
Analysts Strong Buy
Price Target 15.20 (+4.18%)
Earnings Date May 8, 2024

About UTI

Universal Technical Institute, Inc. provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. The company also provides manufacturer specific advanced training programs, including student paid electives at its campuses; and... [Read more]

IPO Date Dec 17, 2003
Employees 3,000
Stock Exchange NYSE
Ticker Symbol UTI
Full Company Profile

Financial Performance

In 2023, UTI's revenue was $607.41 million, an increase of 45.05% compared to the previous year's $418.77 million. Earnings were $4.54 million, a decrease of -64.64%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for UTI stock is "Strong Buy." The 12-month stock price forecast is $15.2, which is an increase of 4.18% from the latest price.

Price Target
$15.2
(4.18% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Universal Technical Institute, Inc. to Hold Fiscal Second Quarter 2024 Conference Call on Wednesday, May 8, 2024 at 4:30 p.m. ET

PHOENIX , April 22, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions education provider, will hold a conference call on Wednesday, Ma...

2 days ago - PRNewsWire

Universal Technical Institute and Interstate Batteries renew alliance for five more years

PHOENIX, April 18, 2024 /PRNewswire/ -- Universal Technical Institute , the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., today announced the fi...

5 days ago - PRNewsWire

Global Wind Organisation names Universal Technical Institute's 7-month Programs first in the U.S. to integrate wind energy training, earns global recognition

MIAT-Canton, UTI-Rancho Cucamonga and UTI-Lisle now have certification embedded in course curriculum. PHOENIX , April 9, 2024 /PRNewswire/ -- Universal Technical Institute, the transportation, skilled...

14 days ago - PRNewsWire

MileOne Autogroup joins Universal Technical Institute's Early Employment Program at Exton and Mooresville Campuses

Paid work experience available to automotive program students, tuition reimbursement to employed graduates MOORESVILLE, N.C. and EXTON, Pa.

5 weeks ago - PRNewsWire

UTI, Inc. to Participate in the 36th Annual ROTH Conference

Management to Provide a Company Overview and Highlight Strategic Progress on Growth, Diversification, and Optimization PHOENIX, March 13, 2024 /PRNewswire/ -- UTI, Inc. (NYSE: UTI) (the "Company"), a ...

6 weeks ago - PRNewsWire

Universal Technical Institute and Hawaiian Airlines partner on career opportunities for airframe and powerplant program graduates

PHOENIX and HONOLULU , March 5, 2024 /PRNewswire/ -- Universal Technical Institute , the transportation, skilled trades and energy education division of UTI, Inc. today announced a partnership with Ha...

Other symbols: HA
7 weeks ago - PRNewsWire

United Service Organizations (USO) and Universal Technical Institute partner to support military service members' career transitions

Collaboration to offer programs and resources for careers in transportation, motorsports, energy and aviation. WASHINGTON and PHOENIX , Feb. 28, 2024 /PRNewswire/ -- United Service Organizations (USO)...

7 weeks ago - PRNewsWire

Federal Aviation Administration approves Universal Technical Institute-Miramar's Airframe and Powerplant Technician program

Classes now underway, completing Universal Technical Institute's rollout of 14 new programs across nine campuses. PHOENIX and MIRAMAR, Fla.

2 months ago - PRNewsWire

Universal Technical Institute Reports Fiscal Year 2024 First Quarter Results

PHOENIX , Feb. 7, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, repo...

2 months ago - PRNewsWire

Jefferson Dental & Orthodontics donates cutting-edge iTero intraoral 3D scanners to Concorde Career Colleges' Dallas and San Antonio campuses

The Concorde and Jefferson partnership fosters the growth and success of Texas dental professionals. DALLAS , Jan. 30, 2024 /PRNewswire/ -- Concorde Career Colleges and Jefferson Dental & Orthodontics...

3 months ago - PRNewsWire

Universal Technical Institute to Hold Fiscal First Quarter 2024 Conference Call on Wednesday, February 7, 2024 at 4:30 p.m. ET

PHOENIX , Jan. 22, 2024 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare educa...

3 months ago - PRNewsWire

Universal Technical Institute, Inc. announces Carolyn Frank as chief human resources officer

PHOENIX , Jan. 16, 2024 /PRNewswire/ --  Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs, t...

3 months ago - PRNewsWire

Universal Technical Institute to Present at the 26th Annual Needham Growth Conference

PHOENIX , Jan. 10, 2024 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare educat...

3 months ago - PRNewsWire

Concorde Career Colleges accelerates efforts to address growing demand for healthcare workers

Programs in dental hygiene and sonography added in Florida and California OVERLAND PARK, Kan. , Dec. 20, 2023 /PRNewswire/ -- Concorde Career Colleges today announced the launch of additional program ...

4 months ago - PRNewsWire

Universal Technical Institute, Inc. Announces Conversion of All Series A Preferred Stock into Common Stock

PHOENIX , Dec. 19, 2023 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare educati...

4 months ago - PRNewsWire

Universal Technical Institute, Inc. announces Kevin Prehn as president of Concorde Career Colleges

PHOENIX , Dec. 13, 2023 /PRNewswire/ --  Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs, t...

4 months ago - PRNewsWire

Universal Technical Institute to Consolidate Houston Operations to Better Serve Students

MIAT-Houston to Begin Operating Under the UTI Brand Beginning in May 2024 PHOENIX , Dec. 5, 2023 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy edu...

5 months ago - PRNewsWire

Universal Technical Institute to Present at the Sidoti Small Cap Conference

PHOENIX , Nov. 30, 2023 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare educat...

5 months ago - PRNewsWire

Universal Technical Institute Reports Fiscal Year 2023 Fourth Quarter and Year-End Results

PHOENIX , Nov. 15, 2023 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, rep...

5 months ago - PRNewsWire

Universal Technical Institute to Hold Fiscal Fourth Quarter and Full Year 2023 Conference Call on Wednesday, November 15, 2023 at 4:30 p.m. ET

PHOENIX , Oct. 30, 2023 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare educat...

6 months ago - PRNewsWire

Universal Technical Institute Continues Execution of Growth and Diversification Strategy with Additional Program Expansions

More than 1,000 additional students to be served within existing campus footprint. PHOENIX , Oct. 23, 2023 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades and e...

6 months ago - PRNewsWire

Universal Technical Institute to Help Students Launch Careers at TravelCenters of America

TA to offer early employment to current students, tuition reimbursement to graduates PHOENIX , Sept. 19, 2023 /PRNewswire/ -- Universal Technical Institute (UTI), a division of Universal Technical Ins...

7 months ago - PRNewsWire

Universal Technical Institute to Participate in the 14th Annual Midwest IDEAS Conference

PHOENIX , Aug. 21, 2023 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare educat...

8 months ago - PRNewsWire

Universal Technical Institute Reports Fiscal Year 2023 Third Quarter Results

Raised and adjusted fiscal 2023 financial guidance, including revenue guidance tightened to a range of $602 million to $605 million and adjusted EBITDA guidance raised to a range of $62 million to $64...

9 months ago - PRNewsWire