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. It offers certificate, diploma, or degree programs; and specialized technical education programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute. The company also provides manufacturer specific advanced training programs, including student paid electives at its campuses; and manufacturer or dealer sponsored training at various campuses and dedicated training centers, as well as offers programs for welding and computer numeric control machining. As of November 18, 2020, it operated 12 campuses. Universal Technical Institute, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
IPO Year: 2003
Exchange: NYSE
Website: uti.edu
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/28/2025 | $31.00 | Buy | B. Riley Securities |
7/25/2024 | $22.00 | Buy | Truist |
1/10/2024 | $16.00 | Outperform | Northland Capital |
6/23/2023 | Buy → Hold | Argus | |
7/12/2022 | $11.00 | Buy | Rosenblatt |
6/28/2022 | Hold → Buy | Argus |
Graduations mark a significant milestone in program expansions. PHOENIX, June 18, 2025 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., today announced the first graduating classes from the Aviation program at its Avondale and Long Beach campuses. The program provides students with the skills to diagnose, repair, and maintain aircraft and powerplant components.The Airframe and Powerplant Technician program was launched at the Avondale and Long Beach campuses in 2023 a
Competing against 48 schools, the team achieved multiple top 10 finishes. PHOENIX, June 12, 2025 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, electrical, and energy education division of Universal Technical Institute, Inc., today announced that students from the UTI-Houston campus earned national recognition at the 2025 Aerospace Maintenance Competition (AMC) held alongside the annual MRO Americas conference in Atlanta. The competition brings together the best and brightest in aviation maintenance—from students to seasoned profession
Three-week hands-on automotive and motorcycle repair training gives students a preview of transportation careers. PHOENIX, June 10, 2025 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., and NAPA, today announced the 2025 Summer Ignite program. Designed to address workforce demand, the program provides training and insight into the industry. Students who successfully pass the end-of-course exam(s) can also earn transfer credit toward a future UTI program, which helps re
Company Leadership Honors Significant Milestone by Ringing The Opening Bell®of The New York Stock Exchange PHOENIX, May 29, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce education provider for transportation, skilled technicians, electrical, energy and healthcare, is marking 60 years of training America's workforce in 2025. The company's CEO, Jerome Grant, and his executive leadership team recently honored the occasion by ringing The Opening Bell® of The New York Stock Exchange. "This anniversary milestone is significant for both our
NEW YORK, May 19, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 19th Moody's downgraded the U.S. credit rating from Aaa to Aa1, citing persistent federal deficits and the growing challenge of refinancing U.S. debt at higher interest rates, bringing the U.S. in line with other major economies.The downgrade is expected to push Treasury yields higher and bond prices lower, potentially impacting broader financial markets.President Trump has urged the
Longtime cooperation connects UTI graduates to career and leadership opportunities in material handling. PHOENIX, May 12, 2025 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., is proud to celebrate its longstanding collaboration with Crown Equipment Corporation, a global leader in material-handling equipment. This 30-year relationship has offered UTI graduates valuable career and leadership opportunities and hands-on experience while strengthening Crown Equipment's ski
Delivers Financial and Operational Outperformance in Fiscal Q2; Raises FY 2025 Guidance PHOENIX, May 7, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2025 second quarter ended March 31, 2025. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the "Company," "we," "us" or "our."
New Campus is Part of Company's North Star Strategy to Shape America's Future Workforce PHOENIX and SAN ANTONIO, April 21, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, today announced that San Antonio will be the site of its first campus for skilled trades programs. The announcement continues the company's successful execution of its North Star strategy to shape the future of workforce education in the United States. The San Antonio campus is one of
PHOENIX, April 16, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, will hold a conference call on Wednesday, May 7, 2025, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal second quarter ended March 31, 2025. The Company's CEO, Jerome Grant, and CFO, Bruce Schuman, will host the conference call, followed by a question-and-answer session. Conference Call Date: Wednesday, May 7, 2025Time: 4:30 p.m. Eas
Company Appoints Adrienne DeTray as Chief Information Officer, Completing Executive Leadership Team PHOENIX and ORLANDO, Fla., March 31, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, today announced Todd Hitchcock as Chief Operating Officer, effective immediately. Hitchcock has been with the company the past five years and most recently served as EVP, Chief Strategy and Transformation Officer. "Todd has played a pivotal role in every aspect of the compa
Company Appoints Adrienne DeTray as Chief Information Officer, Completing Executive Leadership Team PHOENIX and ORLANDO, Fla., March 31, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, today announced Todd Hitchcock as Chief Operating Officer, effective immediately. Hitchcock has been with the company the past five years and most recently served as EVP, Chief Strategy and Transformation Officer. "Todd has played a pivotal role in every aspect of the compa
Schuman has decades of senior financial leadership experience at publicly-tradedand privately-held companies PHOENIX, March 17, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, today announced Bruce Schuman as Chief Financial Officer, effective immediately. "Bruce Schuman's experience leading the financial operations of large organizations undergoing transformative change will be invaluable as we execute against the second phase of our North Star st
TROY, Mich., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced that Troy R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company. "I am pleased to welcome Troy to Kelly as the Company's next chief financial officer. His
Paid work experience opportunities available to automotive and diesel technology students at 11 campuses PHOENIX, July 16, 2024 /PRNewswire/ -- Universal Technical Institute, the transportation, skilled trades and energy education division of Universal Technical Institute, Inc. today announced that Crown Equipment (Crown) is now offering paid work experience opportunities to selected automotive and diesel students through Universal Technical Institute's Early Employment Program. Through the agreement, Universal Technical Institute students in the 51-week automotive technology
Commission on Accreditation for Respiratory Care honors Concorde-Portland for third consecutive year PORTLAND, Ore., July 15, 2024 /PRNewswire/ -- For the third consecutive year, Concorde Career College–Portland's respiratory therapy program has been recognized for outstanding student outcomes by the Commission on Accreditation for Respiratory Care (CoARC). The "Distinguished Registered Respiratory Therapist (RRT) Credentialing Success" award is presented annually as part of the accreditor's continued efforts to highlight the RRT credential as a standard of excellence. The RRT
Paid work experience available to automotive program students, tuition reimbursement to employed graduates MOORESVILLE, N.C. and EXTON, Pa., March 13, 2024 /PRNewswire/ -- Universal Technical Institute today announced the addition of MileOne Autogroup (MileOne) to its early employment program at the Exton (Pa.) and Mooresville (N.C.) campuses. Universal Technical Institute is the transportation, skilled trades and energy education division of UTI, Inc. Through this agreement, selected UTI-Exton and NASCAR Tech students enrolled in the automotive technology program can work 20
Collaboration to offer programs and resources for careers in transportation, motorsports, energy and aviation. WASHINGTON and PHOENIX, Feb. 28, 2024 /PRNewswire/ -- United Service Organizations (USO) and Universal Technical Institute today announced a partnership to support military service members with their transition to civilian life. The collaboration will focus on offering specialized training programs and resources for careers in the transportation, skilled trades and energy industries. "We are proud to join forces with Universal Technical Institute to support those who
PHOENIX, Jan. 16, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs, today announced the appointment of Carolyn Frank as chief human resource officer, effective immediately. In this role, Frank will lead the company's human capital strategy and further build people and organizational capabilities, including recruitment and retention, performance management, employee engagement, culture transformation, diversity and inclusion, and organizational design.
PHOENIX, Dec. 19, 2023 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, today announced that it achieved the Company conversion option and thus has effected the conversion of all the Company's Series A Preferred Stock into Common Stock, effective December 18, 2023. The Company's outstanding Common Stock increases by 19.3 million shares as a result of the conversion. Immediately prior to the conversion, the Company purchased 33,300 shares of Series A Preferred Stock convertible into 1,000,000 shares of Common Stock owned by Coliseum Capital Management, LL
PHOENIX, Dec. 13, 2023 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs, today announced the appointment of Kevin Prehn as president of Concorde Career Colleges, effective immediately. Prehn has served as interim president since September. "We recently marked the one-year anniversary of our acquisition of Concorde and, in just a few months at the helm as interim president, Kevin's impact has been felt throughout the organization. He continues to impress t