The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. Despite an average stock market performance, the company shows strong technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Resideo Technologies Inc's Score
Industry at a Glance
Industry Ranking
7 / 54
Overall Ranking
77 / 4621
Industry
Communications & Networking
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Strong Buy
Current Rating
41.500
Target Price
-4.99%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Resideo Technologies Inc Highlights
StrengthsRisks
Resideo Technologies, Inc. is a manufacturer and distributor of technology-driven products and solutions. Its segments include Products and Solutions and ADI Global Distribution. The Products and Solutions segment offers temperature and humidity control, thermal water and air solutions, as well as security panels, sensors, peripherals, communications devices, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software. The ADI Global Distribution segment distributes low-voltage security products, including security and life safety, access control and video products, and participates in the related markets of smart home, power, audio, ProAV, networking, communications, wire and cable, and data communications. ADI Global Distribution segment and Snap One provide integrators a selection of both third-party product offerings through a physical branch footprint augmented by digital capabilities.
Overvalued
The company’s latest PB is 3.04, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 152.84M shares, increasing 2.16% quarter-over-quarter.
Resideo Technologies, Inc. is a manufacturer and distributor of technology-driven products and solutions. Its segments include Products and Solutions and ADI Global Distribution. The Products and Solutions segment offers temperature and humidity control, thermal water and air solutions, as well as security panels, sensors, peripherals, communications devices, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software. The ADI Global Distribution segment distributes low-voltage security products, including security and life safety, access control and video products, and participates in the related markets of smart home, power, audio, ProAV, networking, communications, wire and cable, and data communications. ADI Global Distribution segment and Snap One provide integrators a selection of both third-party product offerings through a physical branch footprint augmented by digital capabilities.