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Resideo Technologies Inc (NYSE: REZI) closed the day trading at $19.30 down -0.26% from the previous closing price of $19.35. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 0.61 million shares were traded. REZI stock price reached its highest trading level at $19.5 during the session, while it also had its lowest trading level at $18.92.
Ratios:
For a better understanding of REZI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.56.
On November 02, 2022, Imperial Capital Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $27.
On March 17, 2021, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $33.Morgan Stanley initiated its Equal-Weight rating on March 17, 2021, with a $33 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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, Richardson Nina, who serves as the Director of the company, sold 5,578 shares for $21.33 each. As a result, the insider received 118,979 and left with 51,311 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 2818571776 and an Enterprise Value of 3798126592. As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.56, and their Forward P/E ratio for the next fiscal year is 9.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 0.615 whereas that against EBITDA is 5.497.
Stock Price History:
Over the past 52 weeks, REZI has reached a high of $23.43, while it has fallen to a 52-week low of $14.19. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -0.39%.
Shares Statistics:
Over the past 3-months, REZI traded about 672.03K shares per day on average, while over the past 10 days, REZI traded about 672010 shares per day. A total of 145.39M shares are outstanding, with a floating share count of 143.83M. Insiders hold about 1.50% of the company’s shares, while institutions hold 93.88% stake in the company. Shares short for REZI as of 1721001600 were 2438659 with a Short Ratio of 3.63, compared to 1718323200 on 2096722. Therefore, it implies a Short% of Shares Outstanding of 2438659 and a Short% of Float of 2.33.
