Resideo Technologies Inc (REZI) is expecting -5.90% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Resideo Technologies Inc (NYSE: REZI) was -0.81% drop from the session before settling in for the closing price of $20.91. A 52-week range for REZI has been $14.19 – $23.43.

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During the last 5-year period, the sales growth of Industrials Sector giant was 5.45%. When this article was written, the company’s average yearly earnings per share was at 44.51%. With a float of $144.12 million, this company’s outstanding shares have now reached $145.39 million.

Let’s determine the extent of company efficiency that accounts for 14000 employees. In terms of profitability, gross margin is 26.84%, operating margin of 8.5%, and the pretax margin is 4.38%.

Resideo Technologies Inc (REZI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Resideo Technologies Inc stocks. The insider ownership of Resideo Technologies Inc is 1.56%, while institutional ownership is 92.91%. The most recent insider transaction that took place on May 21 ’24, was worth 152,943. In this transaction Chief Accounting Officer of this company sold 7,057 shares at a rate of $21.67, taking the stock ownership to the 52,824 shares. Before that another transaction happened on May 14 ’24, when Company’s Director sold 9,000 for $21.80, making the entire transaction worth $196,210. This insider now owns 91,168 shares in total.

Resideo Technologies Inc (REZI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 44.51% per share during the next fiscal year.

Resideo Technologies Inc (NYSE: REZI) Trading Performance Indicators

You can see what Resideo Technologies Inc (REZI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 9.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.41 in one year’s time.

Technical Analysis of Resideo Technologies Inc (REZI)

Looking closely at Resideo Technologies Inc (NYSE: REZI), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 91.92%. Additionally, its Average True Range was 0.57.

During the past 100 days, Resideo Technologies Inc’s (REZI) raw stochastic average was set at 55.17%, which indicates a significant decrease from 77.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.89% in the past 14 days, which was lower than the 33.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.36, while its 200-day Moving Average is $20.08. However, in the short run, Resideo Technologies Inc’s stock first resistance to watch stands at $21.06. Second resistance stands at $21.37. The third major resistance level sits at $21.54. If the price goes on to break the first support level at $20.58, it is likely to go to the next support level at $20.41. Should the price break the second support level, the third support level stands at $20.10.

Resideo Technologies Inc (NYSE: REZI) Key Stats

There are 146,000K outstanding shares of the company, which has a market capitalization of 3.04 billion. As of now, sales total 6,242 M while income totals 210,000 K. Its latest quarter income was 1,589 M while its last quarter net income were 30,000 K.