After Lake Street and Argus Research gave Universal Technical Institute (NYSE: UTI) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst Rajiv Sharma reiterated a Buy rating on Universal Technical Institute today and set a price target of $11.00. The company’s shares closed last Tuesday at $6.95.
Sharma has an average return of 9.2% when recommending Universal Technical Institute.
According to TipRanks.com, Sharma is ranked #1312 out of 6738 analysts.
Universal Technical Institute has an analyst consensus of Strong Buy, with a price target consensus of $9.50.
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Universal Technical Institute’s market cap is currently $226.6M and has a P/E ratio of 19.30. The company has a Price to Book ratio of 1.21.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UTI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.