Stock Rating Upgrade
The Value Trend Rating for Universal Technical Institute In (NYSE: UTI) rose significantly of late from C to A reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Universal Technical Institute In (NYSE: UTI) stock declined by -2.6% on 3/8/24. The shares closed at $14.52. However, trading volume in this decline was normal at 83% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, UTI is expected to be a Value Builder.
Universal Technical Institute In has a current Value Trend Rating of A (Highest Rating). This VT Rating rose significantly in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Universal Technical Institute In has a neutral Appreciation Score of 50 but a very high Power Rating of 98, resulting in the Highest Value Trend Rating.
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