After finishing at $20.34 in the prior trading day, Resideo Technologies Inc (NYSE: REZI) closed at $19.76, down -2.85%. On the day, 687561 shares were traded.
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 4.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.57.
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 Nov 16 ’23 when Theodore Phillip L. sold 20,000 shares for $16.45 per share. The transaction valued at 329,000 led to the insider holds 149,855 shares of the business.
Beskid Tina M sold 13,543 shares of REZI for $233,617 on Jun 07 ’23. The Chief Accounting Officer now owns 41,259 shares after completing the transaction at $17.25 per share.
Valuation Measures:
As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.94, and their Forward P/E ratio for the next fiscal year is 10.64. 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 1.05.
Stock Price History:
Over the past 52 weeks, REZI has reached a high of $23.21, while it has fallen to a 52-week low of $14.19.
Shares Statistics:
A total of 145.39M shares are outstanding, with a floating share count of 142.14M. Insiders hold about 2.19% of the company’s shares, while institutions hold 92.32% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.34 and a low estimate of $0.32, while EPS last year was $0.39. The consensus estimate for the next quarter is $0.42, with high estimates of $0.45 and low estimates of $0.41.
Analysts are recommending an EPS of between $1.69 and $1.63 for the fiscal current year, implying an average EPS of $1.65. EPS for the following year is $1.8, with 3 analysts recommending between $1.91 and $1.72.
Revenue Estimates
2 analysts predict $1.49B in revenue for the current quarter. It ranges from a high estimate of $1.49B to a low estimate of $1.49B. As of the current estimate, Resideo Technologies Inc’s year-ago sales were $1.53B, an estimated decrease of -3.20% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for REZI’s current fiscal year. The highest revenue estimate was $6.18B, while the lowest revenue estimate was $6.14B, resulting in an average revenue estimate of $6.16B. In the same quarter a year ago, actual revenue was $6.24B, down -1.40% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $6.28B in the next fiscal year. The high estimate is $6.42B and the low estimate is $6.17B. The average revenue growth estimate for next year is up 2.00% from the average revenue estimate for this year.
