Market Watch: Resideo Technologies Inc (REZI)’s Noteworthy Gain, Closing at 24.96

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As of close of business last night, Resideo Technologies Inc’s stock clocked out at $24.96, up 0.04% from its previous closing price of $24.95. In other words, the price has increased by $0.04 from its previous closing price. On the day, 1.91 million shares were traded. REZI stock price reached its highest trading level at $25.31 during the session, while it also had its lowest trading level at $24.57.

Ratios:

To gain a deeper understanding of REZI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.65.

Imperial Capital Downgraded its Outperform to In-line on November 02, 2022, while the target price for the stock was maintained at $27.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when Beskid Tina M sold 7,057 shares for $21.67 per share. The transaction valued at 152,943 led to the insider holds 52,824 shares of the business.

LAZAR JACK R sold 9,000 shares of REZI for $196,210 on May 14 ’24. The Director now owns 91,168 shares after completing the transaction at $21.80 per share. On May 09 ’24, another insider, Beskid Tina M, who serves as the Chief Accounting Officer of the company, sold 3,310 shares for $21.46 each. As a result, the insider received 71,026 and left with 64,960 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REZI now has a Market Capitalization of 3668420864 and an Enterprise Value of 5839409664. As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.08, and their Forward P/E ratio for the next fiscal year is 10.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.907 whereas that against EBITDA is 8.295.

Stock Price History:

Over the past 52 weeks, REZI has reached a high of $25.12, while it has fallen to a 52-week low of $15.69. The 50-Day Moving Average of the stock is 23.78%, while the 200-Day Moving Average is calculated to be 21.84%.

Shares Statistics:

It appears that REZI traded 934.60K shares on average per day over the past three months and 936210 shares per day over the past ten days. A total of 145.39M shares are outstanding, with a floating share count of 144.68M. Insiders hold about 1.56% of the company’s shares, while institutions hold 92.92% stake in the company. Shares short for REZI as of 1728950400 were 2260269 with a Short Ratio of 2.28, compared to 1726185600 on 4178579. Therefore, it implies a Short% of Shares Outstanding of 2260269 and a Short% of Float of 2.15.

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