Resideo Technologies Stock Today
| REZI Stock | USD 19.81 0.03 0.15% |
Performance6 of 100
| Odds Of DistressLess than 8
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Resideo Technologies is trading at 19.81 as of the 25th of April 2024. This is a 0.15 percent up since the beginning of the trading day. The stock's open price was 19.78. Resideo Technologies has only a 8 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Resideo Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 29th of October 2018 | Category Industrials |
Resideo Technologies, Inc. develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. Resideo Technologies, Inc. was incorporated in 2018 and is headquartered in Scottsdale, Arizona. The company has 146.01 M outstanding shares of which 3.17 M shares are at this time shorted by private and institutional investors with about 2.39 trading days to cover. More on Resideo Technologies
Moving against Resideo Stock
| 0.61 | VRMEW | VerifyMe | PairCorr |
| 0.56 | BRC | Brady Financial Report 16th of May 2024 | PairCorr |
| 0.41 | EVLV | Evolv Technologies Financial Report 8th of May 2024 | PairCorr |
Resideo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Resideo Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Resideo Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Jay Geldmacher | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Building Products, Security & Protection Services, Industrials, NYSE Composite, SP Small-Cap 600, Industrials, Building Products, Security & Protection Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Resideo Technologies report their recommendations after researching Resideo Technologies' financial statements, talking to executives and customers, or listening in on Resideo Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Resideo Technologies. The Resideo consensus assessment is calculated by taking the average forecast from all of the analysts covering Resideo Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Resideo Technologies' liquidity, profitability, solvency, and operating efficiency, Resideo Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Resideo Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Resideo Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Resideo Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Resideo Technologies' financial leverage. It provides some insight into what part of Resideo Technologies' total assets is financed by creditors.
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Resideo Technologies (REZI) is traded on New York Stock Exchange in USA. It is located in 16100 North 71st Street, Scottsdale, AZ, United States, 85254 and employs 14,000 people. Resideo Technologies is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Resideo Technologies's market, we take the total number of its shares issued and multiply it by Resideo Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Resideo Technologies conducts business under Building Products sector and is part of Industrials industry. The entity has 146.01 M outstanding shares of which 3.17 M shares are at this time shorted by private and institutional investors with about 2.39 trading days to cover.
Resideo Technologies currently holds about 270 M in cash with 440 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.85.
Check Resideo Technologies Probability Of Bankruptcy
Ownership AllocationResideo Technologies owns a total of 146.01 Million outstanding shares. The majority of Resideo Technologies outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Resideo Technologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Resideo Technologies. Please pay attention to any change in the institutional holdings of Resideo Technologies as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Resideo Ownership Details
Resideo Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Resideo Technologies jumping above the current price in 90 days from now is about 62.06%. The Resideo Technologies probability density function shows the probability of Resideo Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.0032 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Resideo Technologies will likely underperform. Additionally, resideo Technologies has an alpha of 0.0127, implying that it can generate a 0.0127 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Resideo Technologies to move above the current price in 90 days from now is about 62.06 (This Resideo Technologies probability density function shows the probability of Resideo Stock to fall within a particular range of prices over 90 days) .
Resideo Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Resideo Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Resideo Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Resideo Technologies' value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 1.8 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | |
| Norges Bank | 2023-12-31 | 1.6 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.4 M | |
| Bank Of America Corp | 2023-12-31 | 1.2 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 1.1 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.1 M | |
| Natixis Advisors, Llc. | 2023-12-31 | 1.1 M | |
| Blackrock Inc | 2023-12-31 | 23.9 M | |
| Vanguard Group Inc | 2023-12-31 | 16.1 M |
Resideo Technologies Historical Income Statement
Resideo Technologies Income Statement is one of the three primary financial statements used for reporting Resideo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Resideo Technologies revenue and expense. Resideo Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Resideo Technologies' Net Income Applicable To Common Shares is increasing as compared to previous years. View More FundamentalsResideo Stock Against Markets
Picking the right benchmark for Resideo Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Resideo Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Resideo Technologies is critical whether you are bullish or bearish towards Resideo Technologies at a given time. Please also check how Resideo Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Resideo Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Resideo Technologies Corporate Management
Elected by the shareholders, the Resideo Technologies' board of directors comprises two types of representatives: Resideo Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Resideo. The board's role is to monitor Resideo Technologies' management team and ensure that shareholders' interests are well served. Resideo Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Resideo Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sharon Wienbar | Independent Director | Profile | |
| Andrew Teich | Lead Independent Director | Profile | |
| Sach Sankpal | President - Products & Solutions | Profile | |
| Cynthia Hostetler | Independent Director | Profile | |
| Dana Huth | Executive Officer | Profile |
How to buy Resideo Stock?
Before investing in Resideo Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Resideo Technologies. To buy Resideo Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Resideo Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Resideo Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Resideo Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Resideo Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Resideo Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Resideo Stock please use our How to Invest in Resideo Technologies guide.
Already Invested in Resideo Technologies?
The danger of trading Resideo Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Resideo Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Resideo Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Resideo Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.Note that the Resideo Technologies information on this page should be used as a complementary analysis to other Resideo Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Resideo Stock analysis
When running Resideo Technologies' price analysis, check to measure Resideo Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resideo Technologies is operating at the current time. Most of Resideo Technologies' value examination focuses on studying past and present price action to predict the probability of Resideo Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resideo Technologies' price. Additionally, you may evaluate how the addition of Resideo Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Resideo Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Resideo Technologies. If investors know Resideo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Resideo Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.146 | Earnings Share 1.42 | Revenue Per Share 42.463 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0574 |
The market value of Resideo Technologies is measured differently than its book value, which is the value of Resideo that is recorded on the company's balance sheet. Investors also form their own opinion of Resideo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Resideo Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Resideo Technologies' market value can be influenced by many factors that don't directly affect Resideo Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Resideo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resideo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resideo Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.