Resideo Technologies Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Resideo Technologies in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Resideo Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REZI, but not buy additional shares or sell existing shares.
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1 Wall Street analysts have issued 1-year price objectives for Resideo Technologies' stock. Their REZI stock forecasts range from $30.00 to $30.00. On average, they expect Resideo Technologies' share price to reach $30.00 in the next year. This suggests a possible upside of 46.7% from the stock's current price.
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Resideo Technologies' stock was trading at $26.03 at the beginning of the year. Since then, REZI shares have decreased by 21.4% and is now trading at $20.45.
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Resideo Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Resideo Technologies, Inc. (NYSE:REZI) issued its quarterly earnings results on Tuesday, May, 3rd. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.14. The business earned $1.51 billion during the quarter, compared to analyst estimates of $1.45 billion. Resideo Technologies had a net margin of 4.72% and a trailing twelve-month return on equity of 12.62%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.33 EPS.
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Resideo Technologies updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.45 billion-$6.65 billion, compared to the consensus revenue estimate of $6.13 billion.

20 employees have rated Resideo Technologies CEO Jay Geldmacher on Glassdoor.com. Jay Geldmacher has an approval rating of 58% among Resideo Technologies' employees. This puts Jay Geldmacher in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Resideo Technologies include Nordson (NDSN), Crown (CCK), Mitsubishi Heavy Industries (MHVYF), Brambles (BXBLY), Reliance Steel & Aluminum (RS), Plug Power (PLUG), Graco (GGG), CAE (CAE), Hubbell (HUBB), Halma (HLMAF), Xinyi Glass (XYIGF), Alcoa (AA), Toray Industries (TRYIY), Disco (DSCSY) and Allegion (ALLE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Resideo Technologies investors own include (HON), Home Depot (HD), Procter & Gamble (PG), Raytheon Technologies (RTX), CVS Health (CVS), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Garrett Motion (GTX), Verizon Communications (VZ) and Intel (INTC).

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

Resideo Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.20%), Vanguard Group Inc. (10.78%), Ariel Investments LLC (6.11%), Boston Partners (6.03%), State Street Corp (4.76%) and Ninety One UK Ltd (4.17%). Company insiders that own Resideo Technologies stock include Andrew C Teich, Anthony L Trunzo, Fradin Roger, Jack R Lazar, Jeannine J Lane, Joseph Douglas Ragan III, Michael G Nefkens, Nina Richardson, Paul F Deninger, Robert B Aarnes, Robert P Ryder and Sharon L Wienbar.
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REZI stock was sold by a variety of institutional investors in the last quarter, including Praesidium Investment Management Company LLC, Clearbridge Investments LLC, BlackRock Inc., Goldman Sachs Group Inc., Panagora Asset Management Inc., Allianz Asset Management GmbH, Assenagon Asset Management S.A., and Iridian Asset Management LLC CT. Company insiders that have sold Resideo Technologies company stock in the last two years include Jeannine J Lane, Nina Richardson, and Robert B Aarnes.
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REZI stock was bought by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Boston Partners, Ninety One UK Ltd, Dimensional Fund Advisors LP, Greenlight Capital Inc., Vanguard Group Inc., Natixis Advisors L.P., and Invesco Ltd.. Company insiders that have bought Resideo Technologies stock in the last two years include Anthony L Trunzo, and Jack R Lazar.
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Shares of REZI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of REZI stock can currently be purchased for approximately $20.45.

Resideo Technologies (NYSE:REZI) has a market capitalization of $2.97 billion and generates $5.85 billion in revenue each year. The company earns $242 million in net income (profit) each year or $1.879990 on an earnings per share basis.

Resideo Technologies employs 13,300 workers across the globe.

Resideo Technologies' mailing address is 901 E 6TH STREET, AUSTIN TX, 78702. The official website for Resideo Technologies is www.resideo.com. The company can be reached via phone at (512) 726-3500 or via email at [email protected].