REZI - Resideo Technologies Inc Stock Price, Fair Value and News

19.39USD-0.37 (-1.87%)Market Closed

Market Summary

USD19.39-0.37

Market Closed

-1.87%

REZI Stock Price

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REZI RSI Chart

REZI Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

13.42

Price/Sales (Trailing)

0.45

EV/EBITDA

10.36

Price/Free Cashflow

8.41

REZI Price/Sales (Trailing)

REZI Profitability

EBT Margin

5.01%

Return on Equity

7.64%

Return on Assets

3.16%

Free Cashflow Yield

11.89%

REZI Fundamentals

REZI Revenue

Revenue (TTM)

6.2B

Rev. Growth (Yr)

-1.47%

Rev. Growth (Qtr)

-1.09%

REZI Earnings

Earnings (TTM)

210.0M

Earnings Growth (Yr)

110.26%

Earnings Growth (Qtr)

290.48%

Breaking Down REZI Revenue

Last 7 days

-10.2%

Last 30 days

-13.0%

Last 90 days

16.1%

Trailing 12 Months

6.9%

How does REZI drawdown profile look like?

REZI Financial Health

Current Ratio

1.8

Debt/Equity

0.51

Debt/Cashflow

0.32

REZI Investor Care

Buy Backs (1Y)

0.88%

Diluted EPS (TTM)

1.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	6.4B	6.3B	6.3B	6.2B
2022	5.9B	6.1B	6.3B	6.4B
2021	5.3B	5.8B	5.9B	5.8B
2020	5.0B	4.7B	4.9B	5.1B
2019	4.9B	4.9B	5.0B	5.0B
2018	4.6B	4.7B	4.8B	4.8B
2017	0	0	4.5B	4.5B
2016	0	0	0	4.5B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Resideo Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	lazar jack r	acquired	29,978	22.19	1,351	-
Apr 01, 2024	teich andrew c	acquired	29,357	22.19	1,323	-
Feb 18, 2024	kelly stephen montgomery	sold (taxes)	-44,696	21.91	-2,040	evp, chief hr officer
Feb 18, 2024	lane jeannine j	sold (taxes)	-63,560	21.91	-2,901	evp, gc and corp sec
Feb 18, 2024	aarnes robert b	sold (taxes)	-108,871	21.91	-4,969	president, adi
Feb 18, 2024	trunzo anthony l	sold (taxes)	-129,948	21.91	-5,931	evp, chief financial officer
Feb 18, 2024	geldmacher jay l	sold (taxes)	-434,169	21.91	-19,816	president and ceo
Feb 15, 2024	aarnes robert b	acquired	-	-	248,632	president, adi
Feb 15, 2024	geldmacher jay l	acquired	-	-	159,124	president and ceo
Feb 14, 2024	trunzo anthony l	sold (taxes)	-172,553	19.9	-8,671	evp, chief financial officer

Which funds bought or sold REZI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	SummerHaven Investment Management, LLC	added	1.38	158,875	923,682	0.58%
Apr 16, 2024	Moisand Fitzgerald Tamayo, LLC	unchanged	-	817	5,090	-%
Apr 16, 2024	Arlington Trust Co LLC	sold off	-100	-1,412	-	-%
Apr 16, 2024	Register Financial Advisors LLC	new	-	6,614	6,614	-%
Apr 16, 2024	Cordant, Inc.	sold off	-100	-471	-	-%
Apr 16, 2024	Asset Dedication, LLC	unchanged	-	-	-	-%
Apr 15, 2024	PFS Partners, LLC	unchanged	-	57.00	359	-%
Apr 15, 2024	THOMPSON INVESTMENT MANAGEMENT, INC.	unchanged	-	598	3,722	-%
Apr 15, 2024	St. Johns Investment Management Company, LLC	unchanged	-	867	5,403	-%
Apr 15, 2024	Sound Income Strategies, LLC	unchanged	-	58.00	359	-%

Are Funds Buying or Selling REZI?

Are funds buying REZI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own REZI

No. of Funds

Unveiling Resideo Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ariel investments, llc	8.7%	12,672,096	SC 13G/A
Feb 13, 2024	boston partners	4.43%	6,473,171	SC 13G/A
Feb 13, 2024	fuller & thaler asset management, inc.	5.46%	7,976,516	SC 13G
Feb 13, 2024	vanguard group inc	10.99%	16,059,444	SC 13G/A
Jan 25, 2024	state street corp	5.58%	8,153,552	SC 13G/A
Jan 22, 2024	blackrock inc.	16.3%	23,868,619	SC 13G/A
Feb 14, 2023	ariel investments, llc	9.2%	13,359,523	SC 13G
Feb 13, 2023	boston partners	6.1%	8,901,040	SC 13G/A
Feb 09, 2023	vanguard group inc	11.31%	16,496,229	SC 13G/A
Feb 07, 2023	blackrock inc.	16.4%	23,975,294	SC 13G/A

Recent SEC filings of Resideo Technologies Inc

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading

Peers (Alternatives to Resideo Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	99.8B	18.6B	0.42%	11.76%	28.04	5.37	7.76%	13.08%
CTAS	67.8B	9.4B	6.93%	45.31%	45.1	7.21	9.34%	15.98%
CPRT	51.9B	4.1B	-3.71%	39.02%	38.28	12.79	10.52%	25.37%
EFX	29.5B	5.3B	-6.85%	21.97%	54.01	5.59	2.79%	-21.68%
BAH	18.2B	10.3B	-2.90%	43.74%	44.47	1.76	13.90%	-5.05%
ALLE	11.0B	3.7B	-4.22%	20.60%	20.38	3.02	11.58%	17.98%
MID-CAP
RHI	7.3B	6.4B	-11.65%	-8.39%	17.74	1.14	-11.68%	-37.51%
AL	5.4B	2.7B	4.40%	21.60%	8.79	2.01	15.87%	733.47%
SRCL	4.5B	2.7B	-8.46%	16.39%	-211.64	1.7	-1.68%	-137.70%
ABM	2.8B	8.2B	1.99%	1.28%	10.73	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	1.5B	4.53%	92.06%	84.31	1.26	41.33%	169.51%
ALTG	383.2M	1.9B	4.10%	-18.89%	43.05	0.2	19.40%	-4.30%
ARC	113.3M	281.2M	4.30%	-12.75%	13.76	0.4	-1.68%	-25.77%
AQMS	56.0M	1.1M	8.51%	-55.84%	-2.34	49.78	336.95%	-55.13%
AWX	9.0M	80.5M	-0.86%	-18.15%	-4.98	0.11	-0.82%	-207.00%

Resideo Technologies Inc News

Latest updates

Resideo Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.1%	1,537	1,554	1,602	1,549	1,560	1,618	1,686	1,506	1,454	1,496	1,477	1,419	1,501	1,362	1,029	1,179	1,304	1,226	1,242	1,216	1,266
Gross Profit	1.4%	423	417	436	420	431	430	467	438	406	421	386	368	423	370	236	284	313	309	323	332	330
Operating Expenses	-10.4%	276	308	-	-	-	275	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	3.4%	241	233	242	244	258	236	244	236	230	227	236	217	204	221	223	250	154	250	281	247	284
R&D Expenses	-10.7%	25.00	28.00	29.00	27.00	30.00	29.00	28.00	24.00	23.00	20.00	22.00	21.00	19.00	18.00	19.00	-	-	-	-	-	-
EBITDA Margin	11.1%	0.06*	0.05*	0.06*	0.06*	0.07*	0.07*	0.07*	0.07*	0.07*	0.06*	0.06*	0.04*	-	-	-	-	-	-	-	-	-
Interest Expenses	9.4%	-14.50	-16.00	-17.00	-18.00	-15.00	-15.00	-13.00	-11.00	-84.00	12.00	12.00	13.00	-112	14.00	18.00	17.00	18.00	16.00	18.00	17.00	-
Income Taxes	18.8%	19.00	16.00	44.00	24.00	31.00	33.00	37.00	34.00	35.00	29.00	23.00	24.00	38.00	7.00	23.00	-4.00	-1.00	-	-	36.00	22.00
Earnings Before Taxes	173.0%	101	37.00	94.00	81.00	70.00	96.00	131	121	102	97.00	81.00	73.00	97.00	82.00	-53.00	-25.00	-10.00	8.00	-11.00	84.00	38.00
EBT Margin	11.4%	0.05*	0.05*	0.05*	0.06*	0.07*	0.07*	0.07*	0.07*	0.06*	0.06*	0.06*	0.04*	-	-	-	-	-	-	-	-	-
Net Income	290.5%	82.00	21.00	50.00	57.00	39.00	63.00	94.00	87.00	67.00	68.00	58.00	49.00	59.00	75.00	-76.00	-21.00	-9.00	8.00	-11.00	48.00	16.00
Net Income Margin	26.2%	0.03*	0.03*	0.03*	0.04*	0.04*	0.05*	0.05*	0.05*	0.04*	0.04*	0.04*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	562.9%	232	35.00	92.00	-24.00	88.00	27.00	30.00	-78.00	97.00	91.00	93.00	4.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.9%	6,645	6,459	6,536	6,399	6,387	6,262	6,316	6,245	5,853	5,834	5,712	5,576	5,610	5,269	5,166	5,287	5,128	5,133	5,160	5,144	4,972
Current Assets	4.9%	2,743	2,615	2,622	2,495	2,502	2,450	2,481	2,339	2,541	2,507	2,356	2,220	2,225	1,923	1,843	1,993	1,785	1,840	1,846	1,862	1,809
Cash Equivalents	72.8%	636	368	381	292	326	255	255	244	779	686	579	508	517	260	362	338	122	132	142	212	265
Inventory	-3.0%	941	970	1,001	1,008	975	957	971	922	740	710	684	681	672	618	614	671	671	729	722	701	628
Net PPE	2.6%	390	380	388	379	366	351	363	350	287	290	304	307	318	311	311	304	316	306	304	296	300
Goodwill	0.7%	2,705	2,687	2,737	2,736	2,724	2,678	2,695	86.00	2,661	2,671	2,682	2,675	2,691	2,657	2,638	2,612	2,642	2,632	2,650	2,644	2,634
Liabilities	2.1%	3,896	3,814	3,859	3,795	3,858	3,862	3,922	-	3,601	-	-	-	-	-	-	-	-	-	-	-	-
Current Liabilities	4.0%	1,525	1,467	1,524	1,469	1,546	1,542	1,579	1,546	1,494	1,532	1,511	1,446	1,538	1,645	1,662	1,755	1,494	1,551	1,559	1,559	1,489
Long Term Debt	-0.1%	1,396	1,397	1,400	1,402	1,404	1,407	1,410	1,412	1,220	1,222	1,184	1,186	1,155	1,141	1,140	1,149	1,158	1,165	1,169	1,174	1,179
LT Debt, Current	0%	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	10.00	10.00	10.00	10.00	7.00	181	287	382	22.00	88.00	22.00	22.00	22.00
LT Debt, Non Current	-0.1%	1,396	1,397	1,400	1,402	1,404	1,407	1,410	1,412	1,220	1,222	1,184	1,186	1,155	1,141	1,140	1,149	1,158	1,165	1,169	1,174	1,179
Shareholder's Equity	3.9%	2,749	2,645	2,677	2,604	2,529	2,400	2,394	2,361	2,252	2,158	2,103	2,032	1,993	1,605	1,495	1,521	1,602	1,573	1,593	1,592	1,533
Retained Earnings	11.3%	810	728	707	657	600	561	498	404	317	250	182	124	75.00	16.00	-59.00	17.00	38.00	47.00	39.00	50.00	2.00
Additional Paid-In Capital	0.3%	2,226	2,219	2,204	2,191	2,176	2,162	2,147	2,135	2,121	2,111	2,098	2,088	2,070	1,782	1,775	1,768	1,761	1,751	1,743	1,727	1,720
Shares Outstanding	-0.7%	145	146	148	147	146	146	145	145	144	144	144	143	-	-	-	-	-	-	-	-	-
Float	-	-	-	2,600	-	-	-	2,800	-	-	-	3,400	-	-	-	1,600	-	-	-	2,700	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	338.3%	263,000	60,000	121,000	-4,000	139,000	37,000	35,000	-59,000	112,000	104,000	94,000	5,000	152,000	21,000	145,000	-74,000	93,000	-33,000	-27,000	-10,000	87,000
Share Based Compensation	-27.3%	8,000	11,000	13,000	12,000	14,000	14,000	11,000	11,000	10,000	10,000	10,000	9,000	8,000	7,000	7,000	7,000	3,000	8,000	7,000	7,000	5,000
Cashflow From Investing	231.4%	46,000	-35,000	-29,000	-26,000	-57,000	-37,000	-5,000	-665,000	-9,000	-14,000	-18,000	-24,000	-18,000	-19,000	-15,000	-51,000	-29,000	-28,000	-34,000	-21,000	-18,000
Cashflow From Financing	41.4%	-17,000	-29,000	-9,000	-9,000	-12,000	-1,000	-6,000	189,000	-8,000	21,000	-6,000	13,000	118,000	-106,000	-108,000	349,000	-75,000	53,000	-8,000	-23,000	19,000
Buy Backs	-	13,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

REZI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net revenue	$ 6,242,000,000	$ 6,370,000,000	$ 5,846,000,000
Cost of goods sold	4,546,000,000	4,604,000,000	4,262,000,000
Gross profit	1,696,000,000	1,766,000,000	1,584,000,000
Operating expenses:
Research and development expenses	109,000,000	111,000,000	86,000,000
Selling, general and administrative expenses	960,000,000	974,000,000	909,000,000
Intangible asset amortization	38,000,000	35,000,000	30,000,000
Restructuring and impairment expenses	42,000,000	35,000,000	0
Total operating expenses	1,149,000,000	1,155,000,000	1,025,000,000
Income from operations	547,000,000	611,000,000	559,000,000
Other expenses, net	169,000,000	139,000,000	159,000,000
Interest expense, net	65,000,000	54,000,000	47,000,000
Income before taxes	313,000,000	418,000,000	353,000,000
Provision for income taxes	103,000,000	135,000,000	111,000,000
Net income	$ 210,000,000	$ 283,000,000	$ 242,000,000
Earnings per share:
Basic (in dollars per share)	$ 1.43	$ 1.94	$ 1.68
Diluted (in dollars per share)	$ 1.42	$ 1.90	$ 1.63
Weighted average number of shares outstanding:
Basic (in dollars per share)	147	146	144
Diluted (in dollars per share)	148	149	148

REZI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 636	$ 326
Accounts receivable, net	973	1,002
Inventories, net	941	975
Other current assets	193	199
Total current assets	2,743	2,502
Property, plant and equipment, net	390	366
Goodwill	2,705	2,724
Intangible assets, net	461	475
Other assets	346	320
Total assets	6,645	6,387
Current liabilities:
Accounts payable	905	894
Current portion of long-term debt	12	12
Accrued liabilities	608	640
Total current liabilities	1,525	1,546
Long-term debt	1,396	1,404
Obligations payable under Indemnification Agreements	609	580
Other liabilities	366	328
Total liabilities	3,896	3,858
COMMITMENTS AND CONTINGENCIES
Stockholders’ equity
Common stock, $0.001 par value: 700 shares authorized, 151 and 145 shares issued and outstanding at December 31, 2023, respectively, and 148 and 146 shares issued and outstanding at December 31, 2022, respectively	0	0
Additional paid-in capital	2,226	2,176
Retained earnings	810	600
Accumulated other comprehensive loss, net	(194)	(212)
Treasury stock at cost	(93)	(35)
Total stockholders’ equity	2,749	2,529
Total liabilities and stockholders’ equity	$ 6,645	$ 6,387

About Resideo Technologies Inc

Resideo Technologies, Inc. develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution. The Products and Solutions segment provides temperature and humidity control, thermal and combustion solutions, water and indoor air quality solutions, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety and fire suppression, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software products under the Honeywell Home brand as well as Resideo, Braukmann, First Alert, and BRK brands. The ADI Global Distribution segment engages in the distribution of security, fire, access control, and video products; and participates in the broader related markets of smart home, power, audio, ProAV, networking, communications, data communications, wire and cable, enterprise connectivity, and structured wiring products. The company sells its products and services through a network of professional contractors, distributors, and original equipment manufacturers, as well as retail and online merchants. Resideo Technologies, Inc. was incorporated in 2018 and is headquartered in Scottsdale, Arizona.

CEO	Mr. Jay L. Geldmacher
WEBSITE	resideo.com
INDUSTRY	Information Technology Services
EMPLOYEES	15200

Resideo Technologies Inc Frequently Asked Questions

What is the ticker symbol for Resideo Technologies Inc? What does REZI stand for in stocks?

REZI is the stock ticker symbol of Resideo Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Resideo Technologies Inc (REZI)?

As of Wed Apr 17 2024, market cap of Resideo Technologies Inc is 2.82 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of REZI stock?

You can check REZI's fair value in chart for subscribers.

What is the fair value of REZI stock?

You can check REZI's fair value in chart for subscribers. The fair value of Resideo Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Resideo Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for REZI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Resideo Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether REZI is over valued or under valued. Whether Resideo Technologies Inc is cheap or expensive depends on the assumptions which impact Resideo Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for REZI.

What is Resideo Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, REZI's PE ratio (Price to Earnings) is 13.41 and Price to Sales (PS) ratio is 0.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. REZI PE ratio will change depending on the future growth rate expectations of investors.