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 Wholesale 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 |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | 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 1.11. 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:
| Over 95.0% of the company shares are owned by institutional investors |
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 |
Resideo Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Resideo Technologies's market, we take the total number of its shares issued and multiply it by Resideo Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Resideo Technologies' profitablity analysis
Resideo Technologies' profitability indicators refer to fundamental financial ratios that showcase Resideo Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Resideo Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Resideo Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Resideo Technologies' profitability requires more research than a typical breakdown of Resideo Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09. 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.
The data published in Resideo Technologies' official financial statements usually reflect Resideo Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Resideo Technologies. For example, before you start analyzing numbers published by Resideo accountants, it's critical to develop an understanding of what Resideo Technologies' liquidity, profitability, and earnings quality are in the context of the Building Products space in which it operates.
Please note, the presentation of Resideo Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Resideo Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Resideo Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Resideo Technologies. Please utilize our Beneish M Score to check the likelihood of Resideo Technologies' management manipulating its earnings.
Basic technical analysis of Resideo Stock
As of the 23rd of May, Resideo Technologies holds the Coefficient Of Variation of 5759.6, risk adjusted performance of 0.0164, and Semi Deviation of 1.73. 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. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Resideo Technologies, which can be compared to its competitors. Please check Resideo Technologies information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Resideo Technologies is priced some-what accurately, providing market reflects its current price of 21.74 per share. Given that Resideo Technologies has jensen alpha of (0.02), we recommend you to check out Resideo Technologies's recent market performance to make sure the company can sustain itself at a future point.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.
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 | 0.0164 | |||
| Market Risk Adjusted Performance | 0.041 | |||
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.8 | |||
| Coefficient Of Variation | 5759.6 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.57 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.031 | |||
| Maximum Drawdown | 6.46 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 2.59 | |||
| Downside Variance | 3.24 | |||
| Semi Variance | 2.98 | |||
| Expected Short fall | (1.15) | |||
| Skewness | (0.18) | |||
| Kurtosis | (0.07) |
| Risk Adjusted Performance | 0.0164 | |||
| Market Risk Adjusted Performance | 0.041 | |||
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.8 | |||
| Coefficient Of Variation | 5759.6 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.57 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.031 | |||
| Maximum Drawdown | 6.46 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 2.59 | |||
| Downside Variance | 3.24 | |||
| Semi Variance | 2.98 | |||
| Expected Short fall | (1.15) | |||
| Skewness | (0.18) | |||
| Kurtosis | (0.07) |
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 time-series forecasting models is one of many Resideo Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Resideo Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Resideo Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Resideo Technologies Corporate Management
Elected by the shareholders, the Resideo Technologies' board of directors comprises two types of representatives: Resideo Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Resideo. The board's role is to monitor Resideo Technologies' management team and ensure that shareholders' interests are well served. Resideo Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Resideo Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sharon Wienbar | Independent Director | Profile | |
| Andrew Teich | Lead Independent Director | Profile | |
| Sach Sankpal | President - Products & Solutions | Profile | |
| Cynthia Hostetler | Independent Director | Profile | |
| Dana Huth | Executive Officer | Profile |
How to buy Resideo Stock?
To provide specific investment advice or recommendations on Resideo Technologies stock, we recommend investors consider the following general factors when evaluating Resideo Technologies. This will help you to make an informed decision on whether to include Resideo Technologies in one of your diversified portfolios:- 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 Wholesale 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.
Already Invested in Resideo Technologies?
The danger of trading Resideo Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Resideo Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Resideo Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Resideo Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock: 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 tightly coupled 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.Note that the Resideo Technologies information on this page should be used as a complementary analysis to other Resideo Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Resideo Stock analysis
When running Resideo Technologies' price analysis, check to measure Resideo Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resideo Technologies is operating at the current time. Most of Resideo Technologies' value examination focuses on studying past and present price action to predict the probability of Resideo Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resideo Technologies' price. Additionally, you may evaluate how the addition of Resideo Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Resideo Technologies' industry 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.
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.