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Friday, September 29, 2023

Today, Resideo Technologies Inc. (NYSE: REZI) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Resideo Technologies Inc. (REZI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.06%, to $16.20. The Resideo Technologies Inc. has recorded 9,821 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Resideo Technologies Releases 2022 Environmental, Social and Governance (ESG) Report.

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Stocks Info

The company is listed on the NYSE and operates within the Security & Protection Services industry segment. At the end of the last regular session, the stock closed at $16.19 and fluctuated between $16.55 as its day high and $16.13 as its day low. The current market capitalization of Resideo Technologies Inc. is $2.39B. A total of 0.52 million shares were traded on the day, compared to an average of 564.26K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, REZI has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 3,683 and the disposition of 2,617 shares. Over the last 12 months, there were 32 BUYs and 35 SELLs from insiders. Insiders purchased 816,226 shares during that period but sold 563,543.

In the most recent transaction, Beskid Tina M sold 13,543 shares of REZI for 17.25 per share on Jun 07. After the transaction, the Chief Accounting Officer now owns 41,259 company shares. In a previous transaction on Mar 07, Geldmacher Jay L bought 7,500 shares at 17.53 per share. REZI shares that President and CEO owns now total 441,879.

Among the insiders who sold shares, Richardson Nina disposed of 3,458 shares on Mar 03 at a per-share price of $18.78. This resulted in the Director holding 47,731 shares of REZI after the transaction. In another insider transaction, Aarnes Robert B sold 71,974 shares at $18.37 per share on Mar 02. Company shares held by the President, ADI now total 166,321.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for REZI in the last 3 months, the mean price target is $19.33 with high estimates of $22.00 and low estimates of $16.00. In terms of 52-week highs and lows, REZI has a high of $23.94 and a low of $14.95.

As of this writing, REZI has an earnings estimate of $0.27 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.32 per share and a lower estimate of $0.19. The company reported an EPS of $0.63 in the last quarter, which was 85.30% higher than expectations of $0.34.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. REZI’s latest balance sheet shows that the firm has $779.00M in Cash & Short Term Investments as of fiscal 2021. There were $1.23B in debt and $1.49B in liabilities at the time. Its Book Value Per Share was $18.21, while its Total Shareholder’s Equity was $2.25B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for REZI is Buy with a score of 3.40.

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