Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Resideo Technologies Inc’s stock clocked out at $21.72, up 1.50% from its previous closing price of $21.40. In other words, the price has increased by $1.50 from its previous closing price. On the day, 0.68 million shares were traded. REZI stock price reached its highest trading level at $21.73 during the session, while it also had its lowest trading level at $21.27.
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 7.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.81. 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:
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 3180068608 and an Enterprise Value of 5475076608. As of this moment, Resideo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.23, and their Forward P/E ratio for the next fiscal year is 9.00. 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 1.13. Its current Enterprise Value per Revenue stands at 0.888 whereas that against EBITDA is 8.147.
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 11.59%, while the 200-Day Moving Average is calculated to be 7.99%.
Shares Statistics:
It appears that REZI traded 930.10K shares on average per day over the past three months and 610890 shares per day over the past ten days. A total of 145.39M shares are outstanding, with a floating share count of 144.12M. Insiders hold about 1.56% of the company’s shares, while institutions hold 92.91% stake in the company. Shares short for REZI as of 1727654400 were 2114528 with a Short Ratio of 2.27, compared to 1724976000 on 3942725. Therefore, it implies a Short% of Shares Outstanding of 2114528 and a Short% of Float of 2.01.
