UTI Stock Summary and Trading Ideas (Universal Technical Institute | NYSE:UTI)

Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment includes Universal Technical Institute (UTI) and Concorde Career Colleges. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.

Universal Technical Institute trades on the NYSE stock market under the symbol UTI.

As of April 26, 2024, UTI stock price climbed to $15.24 with 108,059 million shares trading.

UTI has a beta of 0.93, meaning it tends to be less sensitive to market movements. UTI has a correlation of 0.08 to the broad based SPY ETF.

UTI has a market cap of $818.88 million. This is considered a Small Cap stock.

Last quarter Universal Technical Institute reported $175 million in Revenue and $.17 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.13.

In the last 3 years, UTI stock traded as high as $16.37 and as low as $5.27.

The top ETF exchange traded funds that UTI belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

UTI has outperformed the market in the last year with a price return of +119.0% while the SPY ETF gained +27.1%. However, in the short term, UTI had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.7% vs +4.7% return in SPY. But in the last 2 weeks, UTI shares have fared better than the market returning -0.1% compared to SPY -1.6%.

UTI support price is $14.52 and resistance is $15.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UTI stock will trade within this expected range on the day.