News stories about Universal Technical Institute (NYSE:UTI) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal Technical Institute earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3519145686847 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Universal Technical Institute (UTI) traded up $0.01 during mid-day trading on Thursday, hitting $2.61. 10,988 shares of the stock traded hands, compared to its average volume of 24,486. Universal Technical Institute has a 1 year low of $2.21 and a 1 year high of $3.87. The stock has a market capitalization of $64.27, a price-to-earnings ratio of -4.83 and a beta of 3.49. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.33.
Universal Technical Institute (NYSE:UTI) last released its earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.11). Universal Technical Institute had a negative net margin of 2.51% and a negative return on equity of 5.65%. The business had revenue of $81.33 million for the quarter. analysts forecast that Universal Technical Institute will post -0.39 earnings per share for the current year.
Several brokerages have commented on UTI. ValuEngine lowered shares of Universal Technical Institute from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st. Piper Jaffray Companies restated a “hold” rating and issued a $6.00 price objective on shares of Universal Technical Institute in a report on Tuesday, October 17th. Finally, Zacks Investment Research lowered shares of Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd.
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About Universal Technical Institute
Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).
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