NYSE:REZIResideo Technologies Stock Price, Forecast & News

Resideo Technologies' stock was trading at $7.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, REZI shares have increased by 3.7% and is now trading at $8.05. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resideo Technologies in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Resideo Technologies.

Resideo Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Resideo Technologies.

Resideo Technologies Inc (NYSE:REZI) announced its quarterly earnings results on Wednesday, May, 6th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.11. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.21 billion. Resideo Technologies had a positive return on equity of 7.82% and a negative net margin of 0.67%. The company's revenue was down 3.0% on a year-over-year basis. During the same period last year, the company posted $0.29 EPS. View Resideo Technologies' earnings history.

4 analysts have issued 12 month target prices for Resideo Technologies' shares. Their forecasts range from $4.00 to $20.00. On average, they anticipate Resideo Technologies' share price to reach $13.00 in the next twelve months. This suggests a possible upside of 61.5% from the stock's current price. View analysts' price targets for Resideo Technologies.

Media coverage about REZI stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Resideo Technologies earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term. View the latest news aboutResideo Technologies.

Some companies that are related to Resideo Technologies include RBC Bearings (ROLL), UniFirst (UNF), Amada Holdings Unspon Adr Rep (AMDLY), Regal Beloit (RBC), Proto Labs (PRLB), Timken (TKR), Travis Perkins (TPK), EnerSys (ENS), Weir Group (WEIR), John Bean Technologies (JBT), Kawasaki Heavy Industries (KWHIY), Brady (BRC), Meggitt (MGGT), Kennametal (KMT) and AlarmCom (ALRM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Resideo Technologies investors own include Honeywell International (HON), Home Depot (HD), CVS Health (CVS), Procter & Gamble (PG), Verizon Communications (VZ), Garrett Motion (GTX), Cisco Systems (CSCO), Alibaba Group (BABA), Johnson & Johnson (JNJ) and Thermo Fisher Scientific (TMO).

Resideo Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "REZI."

Resideo Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.85%), Praesidium Investment Management Company LLC (7.22%), Fuller & Thaler Asset Management Inc. (3.60%), State Street Corp (2.62%), Starboard Value LP (2.13%) and Gamco Investors INC. ET AL (1.97%). Company insiders that own Resideo Technologies stock include Jack R Lazar, Jeannine J Lane, Joseph Douglas Ragan III, Masi Niccolo De, Michael David Flink, Michael G Nefkens, Nina Richardson, Robert B Aarnes, Robert P Ryder, Roger Fradin, Sharon L Wienbar and Stephen Montgomery Kelly. View institutional ownership trends for Resideo Technologies.

REZI stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Morgan Stanley, BlackRock Inc., First Trust Advisors LP, Principal Financial Group Inc., Invesco Ltd., AQR Capital Management LLC, and Massachusetts Financial Services Co. MA. View insider buying and selling activity for Resideo Technologies.

REZI stock was bought by a variety of institutional investors in the last quarter, including Starboard Value LP, Praesidium Investment Management Company LLC, River & Mercantile Asset Management LLP, Gamco Investors INC. ET AL, Squarepoint Ops LLC, Connor Clark & Lunn Investment Management Ltd., Gabelli Funds LLC, and Westpac Banking Corp. Company insiders that have bought Resideo Technologies stock in the last two years include Joseph Douglas Ragan III, Masi Niccolo De, Michael David Flink, Michael G Nefkens, Nina Richardson, Robert B Aarnes, Robert P Ryder, Roger Fradin, Sharon L Wienbar, and Stephen Montgomery Kelly. View insider buying and selling activity for Resideo Technologies.

Shares of REZI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of REZI stock can currently be purchased for approximately $8.05.

Resideo Technologies has a market capitalization of $991.34 million and generates $4.99 billion in revenue each year. The company earns $36 million in net income (profit) each year or $1.10 on an earnings per share basis. Resideo Technologies employs 13,000 workers across the globe.

The official website for Resideo Technologies is www.resideo.com.

Resideo Technologies' mailing address is 901 E 6TH STREET, AUSTIN TX, 78702. The company can be reached via phone at 973-455-2000 or via email at [email protected]