Oppenheimer Keeps a Hold Rating on Resideo Technologies (REZI)

Oppenheimer analyst Ian Zaffino maintained a Hold rating on Resideo Technologies (REZI) yesterday. The company’s shares closed last Thursday at $15.39.

According to TipRanks.com, Zaffino is a 3-star analyst with an average return of 1.0% and a 51.1% success rate. Zaffino covers the Services sector, focusing on stocks such as Madison Square Garden Entertainment, Madison Square Garden Sports, and Terminix Global Holdings.

The the analyst consensus on Resideo Technologies is currently a Moderate Buy rating.

See today’s analyst top recommended stocks >>

Based on Resideo Technologies’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.03 billion and GAAP net loss of $76 million. In comparison, last year the company earned revenue of $1.24 billion and had a GAAP net loss of $11 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Resideo Technologies, Inc. engages in the provision of critical comfort, residential thermal solutions and security solutions primarily in residential environments. It operates through the following segments: Products & Solutions and ADI Global Distribution. The Products & Solutions Segment offers solutions in Comfort, Residential Thermal Solutions, and Security categories and include temperature and humidity control, thermal, water, and air solutions as well as security panels, sensors, peripherals, wire and cable, communications devices, video cameras, awareness solutions, cloud infrastructure, installation and maintenance tools, and related software. The ADI Global Distribution segment distributes low-voltage electronic and security products such as intrusion and smart home, fire, video surveillance, access control, power, audio and video, networking, communications, wire and cable, enterprise connectivity, and structured wiring. The company was founded on April 24, 2018 and is headquartered in Austin, TX.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts