The stock of Resideo Technologies Inc (NYSE:REZI) last traded at $22.66, up 0.04% from the previous session.
REZI stock price is now 17.82% away from the 50-day moving average and 30.66% away from the 200-day moving average. The market capitalization of the company currently stands at $3.29B.
On November 02, 2022, Imperial Capital Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock keeping its target price maintained at $27, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Theodore Phillip L., President Products & Solutions sold 20,000 shares of the company’s stock on Nov 16 ’23. The stock was sold for $329,000 at an average price of $16.45. Upon completion of the transaction, the President Products & Solutions now directly owns 149,855 shares in the company, valued at $3.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 07 ’23, Chief Accounting Officer Beskid Tina M sold 13,543 shares of the business’s stock. A total of $233,617 was realized by selling the stock at an average price of $17.25. This leaves the insider owning 41,259 shares of the company worth $0.93 million. A total of 2.19% of the company’s stock is owned by insiders.
During the past 12 months, Resideo Technologies Inc has had a low of $14.19 and a high of $23.17. As of last week, the company has a debt-to-equity ratio of 0.59, a current ratio of 1.80, and a quick ratio of 1.18. The fifty day moving average price for REZI is $19.33 and a two-hundred day moving average price translates $17.37 for the stock.
The latest earnings results from Resideo Technologies Inc (NYSE: REZI) was released for Dec, 2023. According to the Security & Protection Services Company, earnings per share came in at $0.48, beating analysts’ expectations of $0.44 by 0.04. This compares to $0.26 EPS in the same period last year. The net profit margin was 3.36% and return on equity was 7.96% for REZI. The company reported revenue of $1.54 billion for the quarter, compared to $1.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.47 percent. For the current quarter, analysts expect REZI to generate $1.49B in revenue.
Resideo Technologies Inc(REZI) Company Profile
Resideo Technologies, Inc. develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution. The Products and Solutions segment provides temperature and humidity control, thermal and combustion solutions, water and indoor air quality solutions, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety and fire suppression, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software products under the Honeywell Home brand as well as Resideo, Braukmann, First Alert, and BRK brands. The ADI Global Distribution segment engages in the distribution of security, fire, access control, and video products; and participates in the broader related markets of smart home, power, audio, ProAV, networking, communications, data communications, wire and cable, enterprise connectivity, and structured wiring products. The company sells its products and services through a network of professional contractors, distributors, and original equipment manufacturers, as well as retail and online merchants. Resideo Technologies, Inc. was incorporated in 2018 and is headquartered in Scottsdale, Arizona.
