Shares of Resideo Technologies, Inc. (NYSE:REZI - Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as $16.59 and last traded at $16.66, with a volume of 673434 shares changing hands. The stock had previously closed at $18.62.
Resideo Technologies Price Performance
The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The company has a fifty day moving average of $19.13 and a 200 day moving average of $21.72. The firm has a market capitalization of $2.17 billion, a P/E ratio of 23.24 and a beta of 2.04.
Resideo Technologies (NYSE:REZI - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.08). The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. Sell-side analysts predict that Resideo Technologies, Inc. will post 2.13 earnings per share for the current year.
Institutional Investors Weigh In On Resideo Technologies
Several institutional investors and hedge funds have recently made changes to their positions in REZI. FMR LLC lifted its stake in Resideo Technologies by 22.7% in the third quarter. FMR LLC now owns 165,001 shares of the company's stock valued at $3,323,000 after buying an additional 30,538 shares during the period. State Street Corp lifted its position in shares of Resideo Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 8,060,486 shares of the company's stock valued at $162,338,000 after acquiring an additional 159,069 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of Resideo Technologies during the 3rd quarter valued at $589,000. Barclays PLC raised its holdings in shares of Resideo Technologies by 358.9% during the third quarter. Barclays PLC now owns 262,698 shares of the company's stock valued at $5,290,000 after purchasing an additional 205,453 shares during the period. Finally, Vestcor Inc boosted its position in shares of Resideo Technologies by 287.6% during the 3rd quarter. Vestcor Inc now owns 33,826 shares of the company's stock worth $681,000 after purchasing an additional 25,100 shares in the last quarter. Institutional investors own 91.71% of the company's stock.
About Resideo Technologies
(
Get Free Report)
Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.
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