Resideo Technologies (REZI) Expected to Announce Quarterly Earnings on Thursday

Resideo Technologies (NYSE:REZI) is expected to be releasing its earnings data after the market closes on Thursday, February 20th. Analysts expect Resideo Technologies to post earnings of $0.59 per share and revenue of $1.84 billion for the quarter.

Resideo Technologies Stock Performance

NYSE:REZI opened at $21.89 on Friday. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 19.72 and a beta of 2.15. Resideo Technologies has a 1-year low of $17.43 and a 1-year high of $28.28. The firm’s fifty day moving average price is $23.37 and its 200 day moving average price is $22.02. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10.

Insiders Place Their Bets

In other news, insider Robert B. Aarnes sold 98,829 shares of Resideo Technologies stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the transaction, the insider now owns 458,928 shares of the company’s stock, valued at $12,005,556.48. The trade was a 17.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.50% of the company’s stock.

Resideo Technologies Company Profile

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.