|Bid||18.67 x 900|
|Ask||20.37 x 900|
|Day's Range||19.78 - 20.55|
|52 Week Range||3.72 - 20.78|
|Beta (5Y Monthly)||2.60|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.33|
Shares in home comfort and security products company Resideo Technologies (NYSE: REZI) surged 83.4% in November according to data provided by S&P Global Market Intelligence. There's been a slew of consumer discretionary companies reporting strong earnings reports as a consequence of consumers' willingness to spend on home improvement during the pandemic, and Resideo is one of them. Revenue of $1.4 billion in the quarter represented an 11% increase on the same period last year with its ADI Global Distribution business reporting an 11% increase to $790 million while its own products and solutions grew revenue by 12% to $512 million.
Earnings yield can be more illuminating than the traditional P/E ratio as the former facilitates comparison of stocks with fixed-income securities.
Resideo (REZI) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.