Shares of Resideo Technologies, Inc. (NYSE:REZI – Get Free Report) have earned an average recommendation of “Hold” from the four analysts that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $46.50.
REZI has been the subject of several research analyst reports. Seaport Research Partners began coverage on Resideo Technologies in a research report on Wednesday, July 1st. They issued a “buy” rating and a $55.00 price objective for the company. Zacks Research cut Resideo Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Resideo Technologies in a research note on Friday, July 17th. Finally, Morgan Stanley reduced their price target on shares of Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th.
View Our Latest Stock Analysis on Resideo Technologies
Hedge Funds Weigh In On Resideo Technologies
Resideo Technologies Price Performance
Shares of Resideo Technologies stock opened at $34.57 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.19 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of -9.00 and a beta of 1.64. Resideo Technologies has a 1-year low of $24.15 and a 1-year high of $45.29. The firm’s 50-day moving average price is $31.68 and its two-hundred day moving average price is $34.77.
Resideo Technologies (NYSE:REZI – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.04. Resideo Technologies had a negative net margin of 6.71% and a positive return on equity of 16.70%. The company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the business posted $0.63 earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. Resideo Technologies has set its FY 2026 guidance at 3.000-3.200 EPS and its Q2 2026 guidance at 0.710-0.750 EPS. On average, equities analysts predict that Resideo Technologies will post 2.81 earnings per share for the current fiscal year.
About Resideo Technologies
Resideo Technologies, Inc, headquartered in Austin, Texas, is a global provider of home comfort, security and energy management solutions. Formed as an independent company in 2018 following its spin-off from Honeywell, Resideo leverages decades of engineering experience to deliver connected products and services to residential and light commercial customers.
The company’s core offerings include smart thermostats, security systems, video doorbells, water leak and freeze detection devices, and indoor air quality monitors.
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