Universal Technical Institute (UTI) Stock

Universal Technical (UTI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Patterson-UTI Energy, Inc. underperformed its peer group in 2024. Rigs and pressure pumping are expected to see modest recoveries in 2025, helping to generate significant free cash flow. The dividend yield is already the best in the peer group, and we expect the large buyback to continue next year.

Universal Technical (UTI) possesses solid growth attributes, which could help it handily outperform the market.

HOUSTON, TEXAS / ACCESSWIRE / December 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2024, the Company had an average of 105 drilling rigs operating in the United States.

Does Universal Technical Institute (UTI) have what it takes to be a top stock pick for momentum investors? Let's find out.

This Industry Outlook article has featured Grand Canyon Education, Stride, Adtalem, Universal Technical, and Lincoln Educational Services.

Oilfield service company Patterson-UTI's market capitalization is $3.2 billion, and it pays a 3.9% dividend. It took a nearly $1 billion asset write-down in 3Q24. Although the new administration plans to encourage energy production, multi-billion-dollar upstream mergers involving most large public and private companies may condense drilling budgets.

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Let us determine whether Universal Technical's strong growth, expansion efforts and robust outlook make it a standout investment choice.