The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Resideo Technologies Inc (NYSE: REZI) closed at $19.45 in the last session, down -9.24% from day before closing price of $21.43. In other words, the price has decreased by -$9.24 from its previous closing price. On the day, 1.87 million shares were traded.
Ratios:
We take a closer look at REZI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.66.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when Aarnes Robert B sold 98,829 shares for $26.16 per share. The transaction valued at 2,585,386 led to the insider holds 458,928 shares of the business.
Aarnes Robert B bought 98,829 shares of REZI for $2,569,554 on Nov 20 ’24. On Nov 18 ’24, another insider, Lane Jeannine J, who serves as the EVP, GC and Corp Sec of the company, sold 15,990 shares for $25.58 each. As a result, the insider received 409,085 and left with 128,677 shares of the company.
Valuation Measures:
As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.55, and their Forward P/E ratio for the next fiscal year is 8.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.01.
Stock Price History:
Over the past 52 weeks, REZI has reached a high of $28.28, while it has fallen to a 52-week low of $17.43. The 50-Day Moving Average of the stock is -16.17%, while the 200-Day Moving Average is calculated to be -9.93%.
Shares Statistics:
A total of 147.23M shares are outstanding, with a floating share count of 144.41M. Insiders hold about 2.35% of the company’s shares, while institutions hold 95.23% stake in the company.
