Resideo Technologies Inc (NYSE: REZI) on Monday, plunged -3.51% from the previous trading day, before settling in for the closing price of $21.08. Within the past 52 weeks, REZI’s price has moved between $14.19 and $23.21.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 5.45%. The company achieved an average annual earnings per share of 5.23%. With a float of $142.14 million, this company’s outstanding shares have now reached $145.39 million.
Considering the fact that the conglomerate employs 14000 people, you should pay attention to its efficiency factor.
Resideo Technologies Inc (REZI) Insider Activity
Observing investor behavior towards Security & Protection Services industry stocks is more important than anything else. The insider ownership of Resideo Technologies Inc is 2.19%, while institutional ownership is 92.19%. The most recent insider transaction that took place on Nov 16 ’23, was worth 329,000. In this transaction President Products & Solutions of this company sold 20,000 shares at a rate of $16.45, taking the stock ownership to the 149,855 shares. Before that another transaction happened on Jun 07 ’23, when Company’s Chief Accounting Officer sold 13,543 for $17.25, making the entire transaction worth $233,617. This insider now owns 41,259 shares in total.
Resideo Technologies Inc (REZI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 20.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.23% per share during the next fiscal year.
Resideo Technologies Inc (NYSE: REZI) Trading Performance Indicators
Resideo Technologies Inc (REZI) is currently performing well based on its current performance indicators. A quick ratio of 1.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47. Likewise, its price to free cash flow for the trailing twelve months is 8.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.42, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.86 in one year’s time.
Technical Analysis of Resideo Technologies Inc (REZI)
Compared to the last year’s volume of 0.94 million, its volume of 0.61 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.91%. Additionally, its Average True Range was 0.66.
During the past 100 days, Resideo Technologies Inc’s (REZI) raw stochastic average was set at 59.92%, which indicates a significant increase from 5.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.69% in the past 14 days, which was lower than the 43.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.33, while its 200-day Moving Average is $17.85. Nevertheless, the first resistance level for the watch stands at $21.29 in the near term. At $22.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.79. If the price goes on to break the first support level at $19.79, it is likely to go to the next support level at $19.25. Should the price break the second support level, the third support level stands at $18.29.
Resideo Technologies Inc (NYSE: REZI) Key Stats
Market capitalization of the company is 2.96 billion based on 145,319K outstanding shares. Right now, sales total 6,242 M and income totals 210,000 K. The company made 1,537 M in profit during its latest quarter, and 82,000 K in sales during its previous quarter.
