Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $22.78 in the prior trading day, Resideo Technologies Inc (NYSE: REZI) closed at $22.86, up 0.35%. In other words, the price has increased by $0.35 from its previous closing price. On the day, 0.6 million shares were traded. REZI stock price reached its highest trading level at $23.06 during the session, while it also had its lowest trading level at $22.7219.
Ratios:
Our goal is to gain a better understanding of REZI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.12. 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:
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 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:
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 3359780096 and an Enterprise Value of 5530769408. As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.31, and their Forward P/E ratio for the next fiscal year is 10.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 0.859 whereas that against EBITDA is 7.856.
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 $16.36. The 50-Day Moving Average of the stock is -6.35%, while the 200-Day Moving Average is calculated to be 6.89%.
Shares Statistics:
The stock has traded on average 951.64K shares per day over the past 3-months and 1574480 shares per day over the last 10 days, according to various share statistics. A total of 146.92M shares are outstanding, with a floating share count of 143.95M. Insiders hold about 2.05% of the company’s shares, while institutions hold 92.98% stake in the company. Shares short for REZI as of 1734048000 were 2754371 with a Short Ratio of 2.89, compared to 1731628800 on 2749012. Therefore, it implies a Short% of Shares Outstanding of 2754371 and a Short% of Float of 2.6099999.
