Resideo Technologies, Inc. (REZI)

NYSE: REZI · IEX Real-Time Price · USD
22.94
-0.21 (-0.91%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap3.34B
Revenue (ttm)5.93B
Net Income (ttm)280.00M
Shares Out145.40M
EPS (ttm)1.63
PE Ratio14.07
Forward PE9.98
Dividendn/a
Ex-Dividend Daten/a
Volume491,809
Open23.41
Previous Close23.15
Day's Range22.22 - 23.58
52-Week Range21.20 - 33.25
Beta2.35
AnalystsBuy
Price Target35.70 (+55.6%)
Earnings DateMay 3, 2022

About REZI

Resideo Technologies, Inc. develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products & Solutions, and ADI Global Distribution. It offers temperature and humidity control, thermal water, and air solutions; and security panels, sensors, peripherals, wires and cables, communication devices, video cameras, awareness solutions, cloud infrastructure, installation and maintenance t...

IndustryBuilding Products
CEOMichael Nefkens
Employees13,300
Stock ExchangeNYSE
Ticker SymbolREZI
Full Company Profile

Financial Performance

In 2021, REZI's revenue was $5.85 billion, an increase of 15.28% compared to the previous year's $5.07 billion. Earnings were $242.00 million, an increase of 554.05%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for REZI stock is "Buy." The 12-month stock price forecast is 35.7, which is an increase of 55.62% from the latest price.

Price Target
$35.7
(55.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Resideo Technologies (REZI) Q1 Earnings and Revenues Beat Estimates

Resideo Technologies (REZI) delivered earnings and revenue surprises of 38.10% and 3.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Resideo Announces First Quarter 2022 Financial Results

SCOTTSDALE, Ariz. , May 3, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential se...

2 weeks ago - PRNewsWire

Resideo to Participate at Upcoming Investor Conferences

SCOTTSDALE, Ariz. , May 2, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential se...

2 weeks ago - PRNewsWire

CPower to Bolster Grid Stability with Resideo and Google Nest

Beginning This Summer, Consumers Receive Incentives For Helping Form Grid-Balancing, Virtual Power Plants Through Their Personal Thermostats BALTIMORE , April 21, 2022 /PRNewswire/ -- Leading national e...

1 month ago - PRNewsWire

Resideo to Release First Quarter 2022 Financial Results on May 3, 2022

SCOTTSDALE, Ariz. , April 14, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential...

1 month ago - PRNewsWire

Voltus, Resideo, and Google Nest to Launch First Bring-Your-Own-Thermostat Program That Delivers Grid Support During ...

SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--Voltus, Inc. ("Voltus"), the leading distributed energy resource (DER) software technology platform, together with Resideo (NYSE: REZI), a leading global provide...

1 month ago - Business Wire

Newell Brands (NWL) Divests Home & Security Unit to Resideo

Newell Brands (NWL) completes the sale of the CH&S unit to Resideo to focus on core categories. The move will help reduce debt and fund share repurchases.

Other symbols:NWL
1 month ago - Zacks Investment Research

Newell Brands Completes Divestiture of the Connected Home & Security Business

ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) announced today that it has completed the sale of the Connected Home & Security business (CH&S) to Resideo Technologies, Inc. (NYSE: REZI) for ...

Other symbols:NWL
1 month ago - Business Wire

Resideo Completes Acquisition of First Alert, Inc.

SCOTTSDALE, Ariz. , April 1, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential ...

Other symbols:NWL
1 month ago - PRNewsWire

Resideo to Participate at Morgan Stanley Technology, Media & Telecom Conference

SCOTTSDALE, Ariz., Feb. 25, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential s...

2 months ago - PRNewsWire

Resideo (REZI) Arrow Wire Buyout to Aid ADI Global Distribution

Resideo's (REZI) Arrow Wire buyout will boost its data communications offerings, distribution network and market presence. Arrow Wire is now part of the ADI Global Distribution segment.

3 months ago - Zacks Investment Research

Resideo Technologies (REZI) Q4 Earnings Surpass Estimates

Resideo Technologies (REZI) delivered earnings and revenue surprises of 21.62% and 0%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Resideo Announces Fourth Quarter and Full Year 2021 Financial Results

SCOTTSDALE, Ariz., Feb. 15, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential s...

3 months ago - PRNewsWire

RESIDEO ACQUIRES REGIONAL DISTRIBUTOR ARROW WIRE & CABLE

SCOTTSDALE, Ariz., Feb. 14, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential s...

3 months ago - PRNewsWire

Resideo (REZI) First Alert Buyout to Aid Home Safety Portfolio

Resideo's (REZI) acquisition of First Alert will enhance its home safety market offerings, manufacturing capabilities and distribution network. Cost synergies are expected by 2023-end.

3 months ago - Zacks Investment Research

Earnings Preview: Resideo Technologies (REZI) Q4 Earnings Expected to Decline

Resideo Technologies (REZI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Resideo Technologies To Acquire First Alert From Newell Brands For $593M Cash

Resideo Technologies Inc (NYSE: REZI) has agreed to acquire First Alert Inc, a home safety products provider, from Newell Brands Inc (NASDAQ: NWL) for $593 million in an all-cash transaction. First Aler...

Other symbols:NWL
3 months ago - Benzinga

Resideo Announces Agreement to Acquire First Alert, Inc., a Leader in Home Safety Products, and Provides Preliminary ...

- Transaction expands and leverages Resideo's footprint in the home with complementary fire and carbon monoxide detection and fire suppression products - Enhances presence across retail and professional...

3 months ago - PRNewsWire

Newell Brands Announces Agreement to Sell the Connected Home & Security Business to Resideo Technologies, Inc.

ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) announced today that it has signed a definitive agreement to sell the Connected Home & Security (CH&S) business to Resideo Technologies, Inc. (...

Other symbols:NWL
3 months ago - Business Wire

Resideo to Release Fourth Quarter and Full Year 2021 Financial Results on February 15, 2022

AUSTIN, Texas, Jan. 18, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential secur...

4 months ago - PRNewsWire

Resideo Unveils New Services, Solutions and Tools to Unify Portfolio and Provide Partner Support

AUSTIN, Texas, Dec. 13, 2021 /PRNewswire/ -- Resideo Technologies Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential securi...

5 months ago - PRNewsWire

New Strong Sell Stocks for November 11th

BYND, REZI, THS, SANM, and NHI have been added to the Zacks Rank #5 (Strong Sell) List on November 11, 2021.

Other symbols:BYNDNHISANMTHS
6 months ago - Zacks Investment Research

Resideo Adds Amazon Smart Thermostat to Utility Programs

AUSTIN, Texas, Nov. 8, 2021 /PRNewswire/ --Resideo Technologies Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security...

6 months ago - PRNewsWire

Resideo Technologies (REZI) Misses Q3 Earnings and Revenue Estimates

Resideo Technologies (REZI) delivered earnings and revenue surprises of -2.13% and -1.87%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Resideo Announces Third Quarter 2021 Financial Results

AUSTIN, Texas, Nov. 4, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential securi...

6 months ago - PRNewsWire