Resideo Technologies Inc [REZI] stock prices are up 1.34% to $22.72 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The REZI shares have gain 4.94% over the last week, with a monthly amount glided 17.84%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Imperial Capital downgraded its rating to In-line on November 02, 2022, and kept the price target unchanged to $27. On March 17, 2021, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $33 on the stock. ROTH Capital downgraded its rating to a Neutral but stick to its price target of $30 on March 11, 2021. William Blair initiated its recommendation with a Mkt Perform. BofA Securities downgraded its rating to Neutral for this stock on February 26, 2021. In a note dated December 21, 2020, JP Morgan initiated an Overweight rating and provided a target price of $28 on this stock.
The stock price of Resideo Technologies Inc [REZI] has been fluctuating between $14.19 and $23.21 over the past year. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Resideo Technologies Inc [NYSE: REZI] shares were valued at $22.72 at the most recent close of the market. An investor can expect a potential return of 40.85% based on the average REZI price forecast.
Analyzing the REZI fundamentals
The Resideo Technologies Inc [NYSE:REZI] reported sales of 6.18B for trailing twelve months, representing a drop of -4.07%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.28 points at the first support level, and at 21.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.30, and for the 2nd resistance point, it is at 23.87.
Ratios To Look Out For
It’s worth pointing out that Resideo Technologies Inc [NYSE:REZI]’s Current Ratio is 1.93. On the other hand, the Quick Ratio is 1.26, and the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 17.14.
Transactions by insiders
Recent insider trading involved Beskid Tina M, Chief Accounting Officer, that happened on May 21 ’24 when 7057.0 shares were sold. Director, LAZAR JACK R completed a deal on May 14 ’24 to sell 9000.0 shares. Meanwhile, Director Richardson Nina sold 5578.0 shares on May 09 ’24.
