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 and combustion solutions, and water and air solutions; and security panels, sensors, peripherals, wires and cables, communication devices, video cameras, awareness solutions, cloud infrastructure, installation and maintenance tools, and related software products under the Honeywell Home brand. In addition, the company distributes security products comprising video, intrusion, and access control products; and smart home, fire, power, audio, ProAV, networking, communication, wire and cable, enterprise connectivity, and structured wiring products to contractors that service non-residential and residential end-users. It sells its products through a network of distributors, original equipment manufacturers, and service providers, as well as retail and online channels. Resideo Technologies, Inc. was incorporated in 2018 and is headquartered in Austin, Texas.
IPO Year: 2018
Exchange: NYSE
Website: resideo.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/22/2025 | $16.00 | Overweight → Neutral | Analyst |
8/9/2024 | $25.00 | Outperform | Evercore ISI |
7/5/2023 | $22.00 | Overweight | JP Morgan |
11/2/2022 | $27.00 | Outperform → In-line | Imperial Capital |
2/16/2022 | $31.00 → $30.00 | Equal-Weight | Morgan Stanley |
10/6/2021 | $33.00 → $31.00 | Equal-Weight | Morgan Stanley |
9/21/2021 | $36.00 → $33.00 | Equal-Weight | Morgan Stanley |
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
Net revenue was $1.77 billion, up 19% year-over-year, at the high-end of outlook range; reflects mid-single-digit organic revenue(1) growth at both ADI and Products and Solutions Total company gross margin was 28.9%, up 200 basis points year-over-year; Products and Solutions gross margin was 41.4%, eighth consecutive quarter of year-over-year improvementThe integration of Snap One into ADI is progressing well and synergy achievement is ahead of planOver 98% of product costs incurred by the Products and Solutions segment in Mexico are currently exempt from tariffsSCOTTSDALE, Ariz., May 6, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer, developer, an
SCOTTSDALE, Ariz., May 5, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that it is scheduled to participate at the following investor conferences. Oppenheimer 20th Annual Industrial Growth Conference held virtually on Wednesday, May 7, 2025. Michael Carlet, Resideo's Chief Financial Officer, and Thomas Surran, President of Resideo's Products & Solutions business segment, will partic
SCOTTSDALE, Ariz., April 15, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, will release first quarter 2025 financial results after the close of the New York Stock Exchange on Tuesday, May 6, 2025. A conference call and simultaneous webcast to discuss the results will be held on Tuesday, May 6, 2025 at 5:00 p.m. ET. Interested investors and other parties can listen to a webcast of the conference cal
New First Alert Smart Smoke & CO Alarm compatible with Google Home ecosystem and designed for seamless integration with Nest Protect Smart Smoke & CO Alarm SCOTTSDALE, Ariz., March 28, 2025 /PRNewswire/ -- First Alert, America's most trusted fire-safety brand* owned by Resideo (NYSE:REZI), and Google Home, a technology leader in the smart home, today announced a new life-safety collaboration. The new First Alert® Smart Smoke & Carbon Monoxide (CO) Alarm is compatible with the Nest Protect Smart Smoke & CO Alarm. Existing Nest users can add a First Alert Smart Smoke & CO Alarm in the Google Home app to extend their existing coverage or replace an expiring Nest Alarm for seamless coverage. E
SCOTTSDALE, Ariz., Feb. 24, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that it is scheduled to participate at the following investor conferences. 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida on Monday, March 3, 2025. Michael Carlet, Resideo's Chief Financial Officer, and Robert Aarnes, President of Resideo's ADI Global Distribution business segm
Full year 2024 net revenue was $6.76 billion, exceeding the high-end of outlook range; reflects organic revenue(1) growth at both ADI and Products and Solutions Full year 2024 cash provided from operating activities was $444 million, a new record and exceeding outlookFull year 2024 net income was $116 million or $0.61 per fully diluted share; Adjusted EBITDA was $693 million and Adjusted EPS was $2.29, both exceeding the high-end of outlook rangeFourth quarter net revenue growth was 21% year-over-year, exceeding the high-end of outlook rangeFourth quarter Products and Solutions gross margin was 40.8%, seventh consecutive quarter of year-over-year improvementSCOTTSDALE, Ariz., Feb. 20, 2025 /
SCOTTSDALE, Ariz., Jan. 29, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, will release fourth quarter and full year 2024 financial results after the close of the New York Stock Exchange on Thursday, February 20, 2025. A conference call and simultaneous webcast to discuss the results will be held on Thursday, February 20, 2025 at 5:00 p.m. ET. Interested investors and other parties can listen to a w
New Smart Thermostat Offers Matter Compatibility, Energy Savings and Simple Comfort Control SCOTTSDALE, Ariz., Jan. 6, 2025 /PRNewswire/ -- Resideo Technologies, a leading global provider of solutions for home comfort, security and safety, is introducing the new Honeywell Home X2S smart thermostat at CES 2025. Available at home improvement retailers this spring, the Matter-enabled and ENERGY STAR® certified smart thermostat offers unsurpassed features at an accessible price point. "Our new Honeywell Home X2S smart thermostat is ideal for those who are looking to upgrade their
SCOTTSDALE, Ariz., Nov. 13, 2024 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer and distributor of technology-driven products and solutions that provide home comfort and smart living, security, life safety and energy efficiency to consumers and businesses, today announced that it is scheduled to participate at the following investor conferences. NYSE Industrials Conference (Virtual) on Tuesday, November 19, 2024. Wells Fargo TMT Summit in Rancho Palos Verdes, CA on Tuesday, December 3, 2024. Bank of America Leveraged Finance Conference in
Jay Geldmacher to retire as President and CEO, and member of the Board of Directors in 2025 Current Vice-Chair, Andrew C. Teich, to become Chairman SCOTTSDALE, Ariz., Nov. 7, 2024 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer and distributor of technology-driven products and solutions that provide home comfort and smart living, security, life safety and energy efficiency to consumers and businesses, today announced that Jay Geldmacher, President and Chief Executive Officer, has informed the Board of his intention to retire from his executive and Board roles in 2025. Mr. Geldmacher will continue to serve as President and CEO until his successor is name
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)
4 - RESIDEO TECHNOLOGIES, INC. (0001740332) (Issuer)