Should You Go For This US Industrial Stock-REZI

Acrobull UK Advisory Services Ltd.

March 03			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Resideo Technologies Inc.	REZI-NYSE	Industrials		$2.814 Billion	Medium

Resideo Technologies, Inc. develops, manufactures, sells, and distributes comfort, energy management, and safety and security solutions in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.

Recent Highlights

Resideo Debuts Honeywell Home X2S Smart Thermostat at CES 2025- Our new Honeywell Home X2S smart thermostat is ideal for those who want to upgrade their thermostat but are hesitant to install smart home technology," said Pat Tessier, Vice President of Product Development for First Alert and Honeywell Home solutions at Resideo.

Consumers now have an inexpensive, feature-rich, Matter-enabled smart thermostat from a trusted thermostat brand that provides first-rate smart home benefits and energy-saving capabilities at a price that is unmatched.

Fourth Quarter 2024, Highlights

Full-year 2024 net revenue was $6.76 billion, above the high end of the forecast range; represents organic revenue (1) growth at both ADI and Products and Solutions.

Full-year 2024 cash provided from operating activities was $444 million, setting a new record and exceeding expectations.

Full-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 above the high end of the forecast range.

Fourth-quarter net revenue growth was 21% year-on-year, exceeding the high end of the forecast range.

The fourth-quarter gross margin for Products and Solutions was 40.8%, marking the sixth consecutive quarter of year-over-year increase.

Stock Observation- The company has reported good financial results and is expected to report better financial results in the next quarter. The RSI level for the stock is at 29 which shows oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy Rating for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$19.21 USD
Acrobull Recommendation	Buy
Target Price	$21.75 USD
RSI Level	14 Day RSI 29
Total Shares Outstanding	147.88 Million
Shares held by Insiders Risk Factor Stop Loss	1.94% Medium 5%