Alert: Positive Investment/Fundamental Signals (5/2/24)-Universal Technical Institute In (NYSE: UTI)

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Recent extremely meaningful positive changes in investment behavior have benefitted Universal Technical Institute In (NYSE: UTI): the stock rose on very heavy volume, and its shorter term price trend turned up.

Recent notable positive changes in fundamentals have benefitted Universal Technical Institute In (NYSE: UTI): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Universal Technical Institute In has a neutral Appreciation Score of 46 but a very high Power Rating of 96, with the Highest Value Trend Rating the result.

Recent Price Action

On 5/2/24, Universal Technical Institute In (NYSE: UTI) stock rose modestly by 0.8%, closing at $15.41. Moreover, exceptionally high trading volume at 248% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.4% during the last week.

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