Resideo Technologies (REZI) to Release Earnings on Thursday

Resideo Technologies (NYSE:REZI - Get Free Report) is anticipated to post its quarterly earnings results 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. Investors that wish to register for the company's conference call can do so using this link.

Resideo Technologies Trading Down 0.2 %

Shares of REZI traded down $0.05 on Tuesday, hitting $21.84. 79,284 shares of the stock traded hands, compared to its average volume of 655,415. The firm has a market capitalization of $3.21 billion, a P/E ratio of 19.73 and a beta of 2.15. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Resideo Technologies has a 1 year low of $17.43 and a 1 year high of $28.28. The stock's 50 day moving average is $23.27 and its two-hundred day moving average is $22.01.

Insider Transactions at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the firm's stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total value of $2,585,366.64. Following the sale, the insider now directly owns 458,928 shares of the company's stock, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.