Added to YB: 2024-07-02
Pitch date: 2024-03-31
REZI [bullish]
Resideo Technologies, Inc.
+60.7%
current return
Author Info
No bio for this author
Company Info
Resideo Technologies, Inc. develops, manufactures, sells, and distributes comfort, energy management, and safety and security solutions in the United States, Europe, and internationally.
Market Cap
$4.4B
Pitch Price
$22.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.52
P/E
-6.37
EV/Sales
1.08
Sector
Building Products
Category
growth
Ariel Investments Small Cap Value Concentrated Portfolio Holding: Resideo Technologies, Inc.
REZI: Residential thermal/comfort/security supplier beat Q earnings. Stabilizing orders, margin growth despite housing slowdown. Buybacks ongoing. Best-in-class brand, distribution network create moat & high market share. Underappreciated earnings potential driven by smart home trend. Narrow moat, secular growth in connected homes.
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