Resideo Technologies Inc (NYSE: REZI) is -33.88% lower on its value in year-to-date trading and has touched a low of $14.18 and a high of $28.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The REZI stock was last observed hovering at around $15.52 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $15.24, the stock is -9.76% and -17.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -1.80% at the moment leaves the stock -27.34% off its SMA200. REZI registered -25.07% loss for a year compared to 6-month loss of -27.12%. The firm has a 50-day simple moving average (SMA 50) of $18.4832 and a 200-day simple moving average (SMA200) of $20.973.
The stock witnessed a -12.56% gain in the last 1 month and extending the period to 3 months gives it a -33.54%, and is -5.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.04% over the week and 5.24% over the month.
Resideo Technologies Inc (REZI) has around 14600 employees, a market worth around $2.25B and $6.76B in sales. Current P/E ratio is 21.58 and Fwd P/E is 6.25. Profit margin for the company is 1.55%. Distance from 52-week low is 7.48% and -46.11% from its 52-week high. The company has generated returns on investments over the last 12 months (1.91%).
The EPS is expected to shrink by -4.26% this year
538.0 institutions hold shares in Resideo Technologies Inc (REZI), with institutional investors hold 99.29% of the company’s shares. The shares outstanding are 147.23M, and float is at 144.51M with Short Float at 2.12%. Institutions hold 97.38% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 22.98 million shares valued at $449.5 million. The investor’s holdings represent 15.7402 of the REZI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.95 million shares valued at $311.9 million to account for 10.9219 of the shares outstanding. The other top investors are ARIEL INVESTMENTS, LLC which holds 9.59 million shares representing 6.5687 and valued at over $187.59 million, while STATE STREET CORP holds 5.4119 of the shares totaling 7.9 million with a market value of $154.55 million.
Resideo Technologies Inc (REZI) Insider Activity
The most recent transaction is an insider purchase by TEICH ANDREW C, the company’s Director. SEC filings show that TEICH ANDREW C bought 18,154 shares of the company’s common stock on Feb 26 ’25 at a price of $19.29 per share for a total of $0.35 million. Following the purchase, the insider now owns 0.24 million shares.
Resideo Technologies Inc disclosed in a document filed with the SEC on Nov 20 ’24 that Aarnes Robert B (President, ADI) sold a total of 98,829 shares of the company’s common stock. The trade occurred on Nov 20 ’24 and was made at $26.16 per share for $2.59 million. Following the transaction, the insider now directly holds 0.46 million shares of the REZI stock.
Still, SEC filings show that on Nov 20 ’24, Aarnes Robert B (Officer) Proposed Sale 98,829 shares at an average price of $26.00 for $2.57 million. The insider now directly holds shares of Resideo Technologies Inc (REZI).
