Evercore ISI analyst Amit Daryanani maintained a Buy rating on Resideo Technologies (NYSE:REZI) Inc on Friday, setting a price target of $42, which is approximately 58.73% above the present share price of $26.46.
Daryanani expects Resideo Technologies Inc to post earnings per share (EPS) of $0.40 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Resideo Technologies, with an average price target of $31.
The analysts price targets range from a high of $31 to a low of $31.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.48 billion and a net profit of $121 million. The company's market cap is $3.82 billion.
According to TipRanks.com, Evercore ISI analyst Amit Daryanani is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.6% and a 68.06% success rate.
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.