Resideo Technologies Inc (NYSE: REZI) is -30.15% 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 $15.42 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $16.10, the stock is -0.79% and -9.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 4.41% at the moment leaves the stock -22.90% off its SMA200. REZI registered -16.49% loss for a year compared to 6-month loss of -23.00%. The firm has a 50-day simple moving average (SMA 50) of $17.8612 and a 200-day simple moving average (SMA200) of $20.8828.
The stock witnessed a -12.83% gain in the last 1 month and extending the period to 3 months gives it a -32.27%, and is 5.64% up 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 4.92% over the week and 5.73% over the month.
Resideo Technologies Inc (REZI) has around 14600 employees, a market worth around $2.38B and $6.76B in sales. Current P/E ratio is 22.80 and Fwd P/E is 6.99. Profit margin for the company is 1.55%. Distance from 52-week low is 13.54% and -43.07% from its 52-week high. The company has generated returns on investments over the last 12 months (1.91%).
with sales reaching $1.74B over the same period.The EPS is expected to shrink by -7.73% this year, but quarterly earnings will post 6.96% year-over-year. Quarterly sales are estimated to grow 16.83% in year-over-year returns.
533.0 institutions hold shares in Resideo Technologies Inc (REZI), with institutional investors hold 99.28% 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 97.37% 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).
