Resideo Technologies Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ...
| REZI Stock | USD 26.37 0.02 0.08% |
Under 53% of Resideo Technologies' investor base is interested to short. The analysis of the overall prospects from investing in Resideo Technologies suggests that many traders are, at the present time, impartial. Resideo Technologies' investing sentiment shows overall attitude of investors towards Resideo Technologies.
Resideo |
Total Revenue 1.83 billion, up 18 percent year over year, and up 4 percent on an organic basis.Gross Margin Expanded by almost 200 basis points year over year.Adjusted EB
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Resideo Technologies Fundamental Analysis
We analyze Resideo Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Resideo Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Resideo Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Resideo Technologies is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Resideo Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Resideo Technologies stock to make a market-neutral strategy. Peer analysis of Resideo Technologies could also be used in its relative valuation, which is a method of valuing Resideo Technologies by comparing valuation metrics with similar companies.
Peers
Resideo Technologies Related Equities
| MG | Mistras | 1.44 | ||||
| ALLE | Allegion PLC | 1.42 | ||||
| NL | NL Industries | 1.26 | ||||
| BCO | Brinks | 0.78 | ||||
| BRC | Brady | 0.57 | ||||
| MSA | MSA Safety | 0.02 | ||||
| CIX | CompX International | 0.61 |
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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