3RT.F - Resideo Technologies, Inc.

Frankfurt - Frankfurt Delayed Price. Currency in EUR
8.03
-0.59 (-6.84%)
As of 4:22PM CET. Market open.
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Previous Close8.62
Open8.10
Bid8.09 x 0
Ask8.12 x 0
Day's Range8.03 - 8.10
52 Week Range8.03 - 23.23
Volume9
Avg. Volume54
Market Cap976.362M
Beta (3Y Monthly)N/A
PE Ratio (TTM)16.33
EPS (TTM)0.49
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Honeywell Spin-Offs Are Not Attracting Strong, Committed Buyers
    TheStreet.com

    Honeywell Spin-Offs Are Not Attracting Strong, Committed Buyers

    It's been a year since Honeywell split up, spinning off Garrett Motion and Resideo Technologies , Jim Cramer told his viewers on Mad Money Friday night. Cramer said he's got a lot of respect for Honeywell, which is why you never want to be a buyer of what Honeywell is selling. Garrett Motion is an auto parts company, making turbochargers, parts and software for automakers.

  • Is Resideo Technologies, Inc. (REZI) Going to Burn These Hedge Funds?
    Insider Monkey

    Is Resideo Technologies, Inc. (REZI) Going to Burn These Hedge Funds?

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]

  • Barrons.com

    Hard Investing Lessons From a Painful Small-Cap Stock Pick

    Resideo Technologies shares plunged almost 40% on Wednesday, after the company pre-announced weak results ahead of its third-quarter earnings call.

  • Factory Slump Is Flyover Country at Honeywell
    Bloomberg

    Factory Slump Is Flyover Country at Honeywell

    (Bloomberg Opinion) -- Honeywell International Inc.’s aerospace halo is worth its weight in jet fuel.The $120 billion conglomerate reported its third-quarter results on Thursday, and while there was evidence of the slowdown gripping the rest of the manufacturing industry, there was also proof that everything that’s made Honeywell an industrial  darling of Wall Street this past year still holds true. On the one hand, Honeywell cut its 2019 sales outlook. Revenue at its safety and productivity unit slumped 8% in the third quarter, excluding the impact of currency swings and M&A, as inventory piled up and projects got pushed out. Offsetting that bleak result was Honeywell’s aerospace division, which delivered robust 10% organic revenue growth. And Honeywell raised its 2019 earnings forecast.So in the end, what could have been an ugly earnings day for Honeywell ended up eliciting a polite clap. As trading began in New York, the stock was up about 1%.For Honeywell and other industrial companies, aerospace has been a rare bright spot at a time when many other sectors, particularly automotive, electronics and increasingly construction-related businesses, are slowing down. The decline appears to be accelerating: railroad Union Pacific Corp. on Thursday reported an 8% slump in carload volumes in the third quarter while construction-rental equipment company United Rentals Inc. trimmed its revenue guidance late Wednesday. Meanwhile, a report from the Federal Reserve on Thursday showed that U.S. factory output declined in September by the most in five months as a strike at General Motors Co., the trade war and generally sluggish demand weighed on production.The sustainability of the years-long aerospace boom has come into question as a wobbling Chinese economy and the prolonged trade war risk damping demand for travel. Global passenger traffic grew 3.8% in August, well off the pace of the past few years, according to the International Air Transport Association. But that’s still growth, at least for now. Parts makers like Honeywell are also seeing more demand for services on older aircraft while the Boeing Co. 737 Max remains grounded.In its earnings presentation, Honeywell said it expects further growth in commercial flight hours and the rollout of new jet programs to continue to boost sales at the aerospace division in 2020. Margins may get squeezed, because the business will tilt more heavily toward the less profitable work of installing new equipment versus maintaining older versions.The generally upbeat aerospace narrative contrasts with downbeat performances elsewhere at the company. The sales decline at the safety and productivity unit was the worst for the business since 2016, when the manufacturing sector was emerging from a mini-recession sparked by the plunge in oil prices. Margins in the safety and productivity business fell 320 basis points to 13.4%. Honeywell still recorded healthy growth in its chemicals and materials unit and building-technologies division, but the pace slackened from the second quarter. Honeywell now expects total company organic sales to grow at best 5% this year, down from an earlier projection of as much as 6%.Amid what it deemed an “uncertain macro environment,” Honeywell reiterated its ability to protect its earnings through a downturn by continuing to cut costs and using its ample balance sheet for M&A and share buybacks. CEO Darius Adamczyk has largely sat comfortably on the M&A sidelines the past few years, holding out for lower valuations that may now be coming. There had been some concern when he took over from former leader Dave Cote and talked passionately about accelerating Honeywell’s revenue growth that such an effort would come at the expense of the company’s almost religious commitment to margin improvements. That concern was ill-founded. Honeywell boosted its margin guidance for the full year in part because of the benefits of previously funded restructuring, operating improvements and the spinoffs of the less profitable Garrett Motion Inc. turbocharger and Resideo Technologies Inc. consumer-facing home products businesses last year.Honeywell is making a good case for why it’s a decent place to hide in the event of a manufacturing slowdown, or perhaps broader recession. But the fact that it’s making this argument increasingly loudly should be a warning for the rest of the industrial sector.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Why Resideo Technologies, Inc. (NYSE:REZI) Looks Like A Quality Company
    Simply Wall St.

    Why Resideo Technologies, Inc. (NYSE:REZI) Looks Like A Quality Company

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Barrons.com

    Honeywell Reports Earnings Tomorrow. Here’s What to Expect.

    Wall Street expects the industrial conglomerate to earn $2.01 a share from $9.1 billion in sales. The stock is up about 26% so far this year, better than the 15% gain of the Dow Jones Industrial Average.

  • Hedge Fund Freshford Capital Management’s Top Stock Picks
    Insider Monkey

    Hedge Fund Freshford Capital Management’s Top Stock Picks

    Freshford Capital Management is a New York based hedge fund, launched in 2008 by Michael Doheny, the fund’s principal owner and President. Mr. Doheny holds B.S. in Accounting and Economics from Boston College, and prior to funding Freshford Capital Management he gained experience working at Kensico Capital for eight years. Freshford Capital management employs a […]

  • The Challenge For Smart Home Companies: Getting A Foot In The Door
    Investor's Business Daily

    The Challenge For Smart Home Companies: Getting A Foot In The Door

    Home automation companies are charging into everything from door locks, lights and heating systems to showers and toilets. But privacy concerns are leaving many consumers leery.

  • Resideo Technologies, Inc. (REZI) Q2 2019 Earnings Call Transcript
    Motley Fool

    Resideo Technologies, Inc. (REZI) Q2 2019 Earnings Call Transcript

    REZI earnings call for the period ending June 30, 2019.

  • Heat Up Your Portfolio With This Connected-Home Stock
    Motley Fool

    Heat Up Your Portfolio With This Connected-Home Stock

    Resideo Technologies has a full suite of products and a plan to be the leader in this fast-growing industry.

  • GuruFocus.com

    Resideo Technologies Inc (REZI) President and CEO Michael G Nefkens Bought $100,571 of Shares

    President and CEO of Resideo Technologies Inc (NYSE:REZI) Michael G Nefkens bought 4,964 shares of REZI on 05/23/2019 at an average price of $20.26 a share.

  • Resideo Technologies, Inc. (REZI) Q1 2019 Earnings Call Transcript
    Motley Fool

    Resideo Technologies, Inc. (REZI) Q1 2019 Earnings Call Transcript

    REZI earnings call for the period ending March 31, 2019.

  • Alarm.com Earnings Top Wall Street's Q1 Target, But Stock Falls
    Investor's Business Daily

    Alarm.com Earnings Top Wall Street's Q1 Target, But Stock Falls

    Home-security technology firm Alarm.com late Thursday beat Wall Street's targets for earnings and sales in the first quarter. The Alarm.com earnings come after its stock hit a record high.

  • Associated Press

    Resideo Technologies: 1Q Earnings Snapshot

    On a per-share basis, the Austin, Texas-based company said it had profit of 39 cents. Earnings, adjusted for non-recurring gains, were 29 cents per share. The residential comfort and security systems maker ...