Somewhat Positive Media Coverage Somewhat Unlikely to Impact Universal Technical Institute (UTI) Stock Price

Media headlines about Universal Technical Institute (NYSE:UTI) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Universal Technical Institute earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 48.4431708718138 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

UTI stock traded up $0.07 during midday trading on Monday, hitting $2.77. 8,513 shares of the company’s stock were exchanged, compared to its average volume of 29,470. The company has a quick ratio of 1.53, a current ratio of 1.48 and a debt-to-equity ratio of 0.30. The stock has a market cap of $68.00 million, a price-to-earnings ratio of -5.43 and a beta of 3.11. Universal Technical Institute has a 1-year low of $2.21 and a 1-year high of $3.75.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Tuesday, August 7th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.48) by ($0.04). The business had revenue of $74.89 million for the quarter, compared to analyst estimates of $74.20 million. Universal Technical Institute had a negative return on equity of 17.50% and a negative net margin of 7.06%. sell-side analysts anticipate that Universal Technical Institute will post -1.08 EPS for the current year.

Several equities research analysts have issued reports on the company. ValuEngine raised Universal Technical Institute from a “hold” rating to a “buy” rating in a research note on Friday, June 1st. Zacks Investment Research raised Universal Technical Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, July 9th.

About Universal Technical Institute

Universal Technical Institute, Inc provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians in the United States. The company offers undergraduate degree and diploma programs, and specialized technical education programs through its 12 campuses under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.

See Also: What does RSI mean?

Insider Buying and Selling by Quarter for Universal Technical Institute (NYSE:UTI)

Receive News & Ratings for Universal Technical Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Technical Institute and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply