Resideo Technologies Inc. (REZI): Spotlighting on The Keys fundamentals

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Resideo Technologies Inc. (NYSE:REZI) changes shares on Tuesday trading session, with a change of 12.33% or $1.37 shares. The trading starts at $11.32 and closed at $11.11 throughout the day. The trading session low price was $11.31 and day high was $12.71 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 2.19 million while its average volume is 2.03M. In other hand, the REZI market cap reached to $1.57B. While, its current target price is $8.83.

On May 15, 2020, BRIEF-Starboard Value LP Raises Share Stake In Box Inc and Mednax Inc. According to the news reported on Reuters, * STARBOARD VALUE LP RAISES SHARE STAKE IN BOX INC BY 60.5% TO 11.67 MILLION CLASS A SHARES – SEC FILING

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -6.02% and up 8.62% for month. Its quarterly performance was 158.39% above, while its half year performance is up 22.47%. REZI yearly performance stood at negative -27.02% and rise 4.61% for year-to-date. Current recommendation for Resideo Technologies Inc. is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. REZI EPS (TTM) for 12-month is -0.27. EPS for this year is -57.80%, while for the next year its value is 1.01. Its EPS Q/Q reached -143.90%.

Let’s take a look on the analyst recommendations on REZI for the current month and previous month. For the current month, 1 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings.

Vanguard Group, Inc. (The), Blackrock Inc. and Praesidium Investment Management Company LLC are the top three holders in Resideo Technologies Inc. (REZI) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 11.64 million shares which valued 56.33 million. On Mar 30, 2020, Blackrock Inc. owned 10.89 million shares which valued at 52.73 million. On Mar 30, 2020, Praesidium Investment Management Company LLC has a total of 8.89 million shares which valued at 43.03 million. In the end, Praesidium Investment Management Company LLC have 7.22% shares outstanding of Resideo Technologies Inc. (REZI) on Mar 30, 2020. The insider ownership moved to 0.50% and institutional holding shifted to 96.00%.

The company posted an EPS (TTM) of -0.27. According to the most recent quarter report on (Sep 2020), 3 analysts estimated an average EPS of 0.04, while 0.19 EPS posted a year ago period. Analyst Estimated EPS for REZI published in the report was -$0.13 – $0.18 during the same period. Comparing with last year, the average estimated EPS was 0.19 which is higher than -0.11 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for REZI rise 33.38% for period of 200 days. SMA for 50 days was 14.35% which is showing green signal, while SMA-20 was -1.52%. The moving average value for Resideo Technologies Inc. (REZI) is 8.61 and 12.19 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in REZI stock. On Jun 10, DENINGER PAUL F, Director, bought 2,125 trading shares at the cost of $9.74, which valued at 20698.0. On Jun 08, DENINGER PAUL F, Director, bought 3,000 shares at the cost of $9.75, with total shares of 8,578. On Jun 05, Kushner Brian, Director, bought 10,700 shares at the cost of 9.50. After this transaction, Kushner Brian total shares reached to 10,700 which valued at 0.1 million.