With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. The 52-week range on UTI shows that it touched its highest point at $35.49 and its lowest point at $13.66 during that stretch. It currently has a 1-year price target of $36.00. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UTI was up-trending over the past week, with a rise of 1.93%, but this was up by 27.29% over a month. Three-month performance surged to 22.58% while six-month performance rose 71.18%. The stock gained 125.68% in the past year, while it has gained 35.36% so far this year. A look at the trailing 12-month EPS for UTI yields 1.04 with Next year EPS estimates of 1.08. For the next quarter, that number is 0.11. This implies an EPS growth rate of 39.11% for this year and 3.99% for next year.
Float and Shares Shorts:
At present, 54.41 million UTI shares are outstanding with a float of 50.27 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UTI since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.71548 being high and $0.69835 being low. For UTI, this leads to a yearly average estimate of $0.70833. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
