Is Resideo Technologies Stock a Good Investment?
Resideo Technologies Investment Advice | REZI |
- Examine Resideo Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Resideo Technologies' leadership team and their track record. Good management can help Resideo Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Building Products space and any emerging trends that could impact Resideo Technologies' business and its evolving consumer preferences.
- Compare Resideo Technologies' performance and market position to its competitors. Analyze how Resideo Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Resideo Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Resideo Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Resideo Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Resideo Technologies is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Resideo Technologies Stock
Researching Resideo Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.35. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Resideo Technologies has Price/Earnings To Growth (PEG) ratio of 0.08. The entity had not issued any dividends in recent years.
To determine if Resideo Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Resideo Technologies' research are outlined below:
| Resideo Technologies has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Resideo Technologies EVP sells 409,084 in stock |
Resideo Technologies Quarterly Liabilities And Stockholders Equity |
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Resideo Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Resideo Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Resideo Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Resideo Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Resideo Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-05-08 | 2019-03-31 | 0.33 | 0.29 | -0.04 | 12 | ||
2022-08-04 | 2022-06-30 | 0.56 | 0.63 | 0.07 | 12 | ||
2022-02-15 | 2021-12-31 | 0.37 | 0.45 | 0.08 | 21 | ||
2021-08-05 | 2021-06-30 | 0.31 | 0.39 | 0.08 | 25 | ||
2023-02-15 | 2022-12-31 | 0.4 | 0.49 | 0.09 | 22 | ||
2020-02-26 | 2019-12-31 | 0.28 | 0.39 | 0.11 | 39 | ||
2024-08-08 | 2024-06-30 | 0.5 | 0.62 | 0.12 | 24 | ||
2023-08-03 | 2023-06-30 | 0.46 | 0.34 | -0.12 | 26 |
Know Resideo Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Resideo Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Resideo Technologies backward and forwards among themselves. Resideo Technologies' institutional investor refers to the entity that pools money to purchase Resideo Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.8 M | Nuveen Asset Management, Llc | 2024-06-30 | 2.5 M | Clearbridge Advisors, Llc | 2024-06-30 | 1.8 M | Prudential Financial Inc | 2024-09-30 | 1.7 M | Norges Bank | 2024-06-30 | 1.7 M | Northern Trust Corp | 2024-09-30 | 1.7 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.5 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.3 M | D. E. Shaw & Co Lp | 2024-06-30 | 1.2 M | Blackrock Inc | 2024-06-30 | 23 M | Vanguard Group Inc | 2024-09-30 | 16.1 M |
Resideo Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.87 B.Market Cap |
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Resideo Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.03 | |
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.08 | 0.05 |
Determining Resideo Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Resideo Technologies is a good buy. For example, gross profit margin measures Resideo Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Resideo Technologies' profitability and make more informed investment decisions.
Evaluate Resideo Technologies' management efficiency
Resideo Technologies has return on total asset (ROA) of 0.0496 % which means that it generated a profit of $0.0496 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0583 %, meaning that it created $0.0583 on every $100 dollars invested by stockholders. Resideo Technologies' management efficiency ratios could be used to measure how well Resideo Technologies manages its routine affairs as well as how well it operates its assets and liabilities. The Resideo Technologies' current Return On Capital Employed is estimated to increase to 0.11, while Return On Tangible Assets are projected to decrease to 0.03. As of now, Resideo Technologies' Debt To Assets are decreasing as compared to previous years. The Resideo Technologies' current Fixed Asset Turnover is estimated to increase to 17.94, while Total Assets are projected to decrease to under 6 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 18.70 | 18.94 | |
| Tangible Book Value Per Share | (2.84) | (2.98) | |
| Enterprise Value Over EBITDA | 5.38 | 8.28 | |
| Price Book Value Ratio | 1.01 | 1.39 | |
| Enterprise Value Multiple | 5.38 | 8.28 | |
| Price Fair Value | 1.01 | 1.39 |
Evaluating the management effectiveness of Resideo Technologies allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Resideo Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 2.09 |
Basic technical analysis of Resideo Stock
As of the 21st of November, Resideo Technologies holds the Coefficient Of Variation of 438.68, semi deviation of 1.36, and Risk Adjusted Performance of 0.1786. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Resideo Technologies, as well as the relationship between them.Resideo Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Resideo Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Resideo Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Resideo Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Resideo Technologies' Outstanding Corporate Bonds
Resideo Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Resideo Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Resideo bonds can be classified according to their maturity, which is the date when Resideo Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| US76119LAB71 Corp BondUS76119LAB71 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Resideo Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Resideo Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1786 | |||
| Market Risk Adjusted Performance | 0.2717 | |||
| Mean Deviation | 1.73 | |||
| Semi Deviation | 1.36 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 438.68 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.87 | |||
| Information Ratio | 0.1886 | |||
| Jensen Alpha | 0.3655 | |||
| Total Risk Alpha | 0.2677 | |||
| Sortino Ratio | 0.2585 | |||
| Treynor Ratio | 0.2617 | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 5.22 | |||
| Downside Variance | 3.13 | |||
| Semi Variance | 1.85 | |||
| Expected Short fall | (2.18) | |||
| Skewness | 1.16 | |||
| Kurtosis | 3.77 |
| Risk Adjusted Performance | 0.1786 | |||
| Market Risk Adjusted Performance | 0.2717 | |||
| Mean Deviation | 1.73 | |||
| Semi Deviation | 1.36 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 438.68 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.87 | |||
| Information Ratio | 0.1886 | |||
| Jensen Alpha | 0.3655 | |||
| Total Risk Alpha | 0.2677 | |||
| Sortino Ratio | 0.2585 | |||
| Treynor Ratio | 0.2617 | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 5.22 | |||
| Downside Variance | 3.13 | |||
| Semi Variance | 1.85 | |||
| Expected Short fall | (2.18) | |||
| Skewness | 1.16 | |||
| Kurtosis | 3.77 |
Consider Resideo Technologies' intraday indicators
Resideo Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Resideo Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Resideo Technologies Corporate Filings
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 18th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 13th of November 2024 Other Reports | ViewVerify |
Resideo Stock media impact
Far too much social signal, news, headlines, and media speculation about Resideo Technologies that are available to investors today. That information is available publicly through Resideo media outlets and privately through word of mouth or via Resideo internal channels. However, regardless of the origin, that massive amount of Resideo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Resideo Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Resideo Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Resideo Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Resideo Technologies alpha.
Resideo Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Resideo Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Resideo Technologies Historical Investor Sentiment
Investor biases related to Resideo Technologies' public news can be used to forecast risks associated with an investment in Resideo. The trend in average sentiment can be used to explain how an investor holding Resideo can time the market purely based on public headlines and social activities around Resideo Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Resideo Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Resideo Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Resideo Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on Resideo Technologies.
Resideo Technologies Corporate Management
| Andrew Teich | Lead Independent Director | Profile | |
| Sach Sankpal | President - Products & Solutions | Profile | |
| Roger Fradin | Non-Executive Chairman of the Board | Profile | |
| Phillip Theodore | President Products & Solutions | Profile | |
| Brian Kushner | Independent Director | Profile |
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 closely tied 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.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Building Products space 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 (0.50) | Earnings Share 1.1 | Revenue Per Share 44.034 | Quarterly Revenue Growth 0.176 | Return On Assets 0.0496 |
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.
In summary, please note that there is a difference between Resideo Technologies' value and its price, as these two are different measures arrived at by various 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.