Universal Technical Institute Inc. (UTI): Good time to sell it?

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Universal Technical Institute Inc. (NYSE:UTI) changes shares on Thursday trading session, with a change of 3.43% or $0.24 shares. The trading starts at $7.06 and closed at $7.00 throughout the day. The trading session low price was $6.95 and day high was $7.71 on Thursday, June 25. After the session, the Consumer Defensive sector daily volume shifted to 0.43 million while its average volume is 251.68K. In other hand, the UTI market cap reached to $226.54M. While, its current target price is $7.24 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 4.78% and down 0.00% for month. Its quarterly performance was 26.57% above, while its half year performance is up 1.69%. UTI yearly performance stood at positive 132.80% and fall -6.10% for year-to-date. Current recommendation for Universal Technical Institute Inc. is 1.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. UTI EPS (TTM) for 12-month is 0.35. EPS for this year is 51.20%, while for the next year its value is 0.48. Sales growth for the current quarter is 0.78 while its EPS Q/Q reached 169.70%. It has an EPS of -52.70% down for past five years and for the next five years will be up 26.70%.

Let’s take a look on the analyst recommendations on UTI for the current month and previous month. For the current month, 4 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 3 analysts participate in stock recommendation. Out of 3, 0 rated it sell, 3 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $9.00-$11.00. Average target price for UTI was reached at $9.67.

Park West Asset Management LLC, 22NW, LP and Renaissance Technologies, LLC are the top three holders in Universal Technical Institute Inc. (UTI) stock. On Mar 30, 2020, Park West Asset Management LLC has 3.22 million shares which valued 19.16 million. On Mar 30, 2020, 22NW, LP owned 2.32 million shares which valued at 13.83 million. On Mar 30, 2020, Renaissance Technologies, LLC has a total of 2.0 million shares which valued at 11.89 million. In the end, Renaissance Technologies, LLC have 6.13% shares outstanding of Universal Technical Institute Inc. (UTI) on Mar 30, 2020. The insider ownership moved to 4.80% and institutional holding shifted to 76.70%.

The company posted an EPS (TTM) of 0.35. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.11, while -0.36 EPS posted a year ago period. Analyst Estimated EPS for UTI published in the report was -0.18–0.06 during the same period. Comparing with last year, the average estimated EPS was -0.36 which is lower than 0.18 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for UTI rise 12.29% for period of 200 days. SMA for 50 days was 8.40% which is showing green signal, while SMA-20 was 0.10%. The moving average value for Universal Technical Institute Inc. (UTI) is 6.86 and 7.00 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in UTI stock. On Jun 10, MCWATERS KIMBERLY J, Director, sold 29,442 trading shares at the cost of $7.60, which valued at 0.22 million. On Jun 09, MCWATERS KIMBERLY J, Director, sold 50,000 shares at the cost of $7.54, with total shares of 421,261. On Jun 08, MCWATERS KIMBERLY J, Director, sold 50,000 shares at the cost of 7.57. After this transaction, MCWATERS KIMBERLY J total shares reached to 471,261 which valued at 0.38 million.