Resideo Technologies Intrinsic Value Calculation – Traders Anticipate Further Growth for Resideo Technologies
December 20, 2023
☀️Trending News
Traders have been eagerly anticipating Thursday to see if Resideo Technologies ($NYSE:REZI) Inc (RES) will continue to increase in price. Resideo Technologies Inc is a leading global provider of residential and commercial solutions for the buildings of today and tomorrow. The company produces products and solutions that improve comfort, safety, and energy efficiency in the home and other buildings. It also provides solutions for water management, thermostats, security, home automation, and other building controls.
Investors are hopeful that Resideo Technologies Inc can continue its positive trend of growth. Furthermore, the company has recently announced a strategic partnership with a major tech giant, which could provide further fuel for the stock’s growth. With such positive momentum, many traders are banking on Resideo Technologies Inc continuing to increase in price on Thursday.
Market Price
On Friday, traders anticipated further growth for Resideo Technologies Inc. despite the stock opening at $18.8 and closing at $18.4, down by 1.3% from the previous closing price of 18.7. Investors remain optimistic about the company’s potential in the future and are expecting to see an increase in share value in the coming weeks. Analysts have identified several key factors driving the company’s strong performance, such as its resilient product portfolio and wide customer base.
There is also a positive outlook on the company’s opportunities to expand its global presence and increase its market share. As Resideo Technologies Inc. continues to create new products and expand its market reach, traders remain bullish on its stock, and are anticipating further growth in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Resideo Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 6.26k | 167 | 3.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Resideo Technologies. More…
| Operations | Investing | Financing |
| 316 | -147 | -59 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Resideo Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.46k | 3.81k | 18.11 |
Key Ratios Snapshot
Some of the financial key ratios for Resideo Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.7% | 35.5% | 5.6% |
| FCF Margin | ROE | ROA |
| 3.0% | 8.2% | 3.4% |
Analysis – Resideo Technologies Intrinsic Value Calculation
At GoodWhale, we have conducted an in-depth analysis of the fundamentals of RESIDEO TECHNOLOGIES. Our proprietary Valuation Line has calculated an intrinsic value of $23.0 per share for RESIDEO TECHNOLOGIES. Currently, the stock is trading at $18.4, indicating a 20.1% discount to intrinsic value. This presents a great opportunity to investors looking to add this stock to their portfolio. More…
Peers
George Risk Industries Inc, Oermester Vagyonvedelmi NyRt, and Aedge Group Ltd are all major competitors in the security industry. All four companies offer a wide range of products and services that cater to the needs of both residential and commercial customers.
– George Risk Industries Inc ($OTCPK:RSKIA)
Founded in 1954, George Risk Industries, Inc. is a leading designer and manufacturer of electronic components and assemblies, primarily for the automotive industry. The company’s products are used in a variety of applications, including electronic ignition, engine management, anti-theft, and security systems. George Risk Industries is a publicly traded company with a market capitalization of 49.31M as of 2022. The company has a strong history of profitability, with a return on equity of 7.05%. George Risk Industries is headquartered in Omaha, Nebraska, and has manufacturing facilities in the United States, Mexico, and China.
– Oermester Vagyonvedelmi NyRt ($LTS:0P31)
Oermester Vagyonvedelmi NyRt is a Hungarian company that provides security services. The company has a market cap of 2.55M as of 2022 and a Return on Equity of 15.67%. The company offers a range of security services, including armed security, event security, and VIP protection.
– Aedge Group Ltd ($SGX:XVG)
Aedge Group Ltd is a holding company that operates through its subsidiaries. The company’s businesses include investment holding, property development, and provision of management services. The company has a market cap of 28.09M as of 2022 and a return on equity of -6.22%. The company’s businesses are mainly based in Singapore and China.
Summary
Investors have been drawn to the company’s strong fundamentals, with a growing customer base and a diversified product portfolio. Analysts are generally bullish on Resideo and consider its stock a good investment for both short- and long-term gains. The company has consistently beat earnings expectations and continues to benefit from increased spending on smart home technology. Going forward, investors should keep an eye on the company’s ability to continue growing its customer base and expanding its product offerings in order to remain competitive.
