Resideo Technologies Inc (NYSE:REZI) was the target of some unusual options trading on Wednesday. Investors bought 2,427 call options on the company. This is an increase of approximately 1,711% compared to the average daily volume of 134 call options.
Shares of Resideo Technologies stock opened at $5.81 on Friday. The business has a 50 day simple moving average of $8.64 and a two-hundred day simple moving average of $11.13. Resideo Technologies has a 12 month low of $3.84 and a 12 month high of $23.99. The stock has a market capitalization of $719.20 million, a P/E ratio of 20.04, a PEG ratio of 0.28 and a beta of 0.88. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.19 and a quick ratio of 0.75.
Resideo Technologies (NYSE:REZI) last announced its earnings results on Wednesday, February 26th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.11. Resideo Technologies had a return on equity of 8.18% and a net margin of 0.72%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.27 billion. As a group, research analysts anticipate that Resideo Technologies will post 1.15 EPS for the current fiscal year.
A number of equities analysts have commented on REZI shares. Zacks Investment Research cut Resideo Technologies from a “buy” rating to a “hold” rating in a report on Thursday. Bank of America raised Resideo Technologies from a “neutral” rating to a “buy” rating and set a $15.00 target price for the company in a report on Tuesday, January 7th. Finally, Imperial Capital raised Resideo Technologies from an “in-line” rating to an “outperform” rating and set a $13.00 target price for the company in a report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Resideo Technologies presently has a consensus rating of “Buy” and an average price target of $14.75.
About Resideo Technologies
Resideo Technologies, Inc provides critical comfort, thermal, and security solutions primarily in residential environments in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and Global Distribution. It offers home products, services, and technologies, including temperature and humidity control, water, air, remote patient monitoring software, and software solutions; and residential thermal solutions, such as boiler products, storage gas water heating solutions, ducted solutions, and thermal adjacency solutions.
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