Resideo Technologies, Inc. (REZI) rose 3.63% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline 0% and is now down by -2.73% since start of this year. A look at its monthly performance shows that the stock has recorded a 5.43% gain over the past 30 days. Its equity price dipped by -1.96% over the past three months which led to its overall six-month decrease to stand at 0%.
Experts from research firms are bullish about the near-term performance of Resideo Technologies, Inc. with most of them predicting a $26 price target on a short-term (12 months) basis. The average price target by the analysts will see a 30.07% rise in the stock and would lead to REZI’s market cap to surge to $3.06B. The stock has been rated an average 1.3, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 3 analysts that track Resideo Technologies, Inc. (NYSE:REZI) and find out that 0 of them rated it as a Hold. 3 of the 3 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
A look at REZI technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 45.11 point. Its trading volume has lost -218496 shares compared to readings over the past three months as it recently exchanged 1071504 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1290000 shares, and this is 0.83 times the normal volume.
The price of Total System Services, Inc. (NYSE:TSS) currently stands at $97.43 after it went up by $0.66 or 0.68% and has found a strong support at $96.81 a share. If the TSS price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $96.19 mark would also be bad for the stock as it means that the stock would plunge by 1.27% from its current position. However, if the stock price is able to trade above the resistance point around $97.89, then it could likely surge higher to try and break the upward resistance which stands at $98.35 a share. Its average daily volatility over the past one month stands at 1.35%. The stock has plunged by 0.8% from its 52-weeks high of $96.65 which it reached on Sep. 13, 2018. In general, it is 22.43% above its 52-weeks lowest point which stands at $75.58 and this setback was observed on Dec. 26, 2018.
Analysts have predicted a price target for Total System Services, Inc. (TSS) for 1 year and it stands at an average $104.87/share. This means that it would likely increase by 7.64% from its current position. The current price of the stock has been moving between $96.65 and $97.73. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $85. On the other hand, one analyst is super bullish about the price, setting a target as high as $120.
The TSS stock Stochastic Oscillator (%D) is at 94.08%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 4.26 which compares to the 360.73 recorded by the industry or the 24.36 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 17.59, which is lower than the 31.03 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 19.7% over the past five years.
Analysts view Total System Services, Inc. (NYSE:TSS) as a Buy, with 2 consensus rating. Reuters surveyed 24 analysts that follow TSS and found that 9 of those analysts rated the stock as a Hold. The remaining 15 were divided, with 15 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Total System Services, Inc. (TSS) shares or sell it if they already own it.
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