REZI Resideo Technologies, Inc. Loading... : Bullish and Bearish Analyst Opinions
Loading chart...
Top Calls
Feed
19:43
Feb 26
Feb 26
The speaker discusses "hard companies" like Phinia (powertrain/turbochargers) and the Honeywell thermostat spin-off (Resideo). He notes Phinia trades at ~13x earnings and benefits because the transition to full EVs is slower than expected, keeping hybrids and ICE vehicles relevant. The market priced these legacy industrial spin-offs as if their terminal value was zero due to the EV transition. As the EV timeline extends, these cash-generative "boring" businesses re-rate higher because their runway is longer than the market anticipated. LONG. "Hard economy" value plays with low expectations. Accelerated adoption of full EVs rendering ICE technologies obsolete faster than predicted.
08:30
Oct 23
Oct 23
Honeywell's termination of the indemnification agreement with Resideo simplifies its balance sheet; the $1.6B cash inflow reduces Honeywell's liabilities but has no direct operational impact on Resideo.
HIGH
About REZI Analyst Coverage
Buzzberg tracks REZI (Resideo Technologies, Inc.) across 2 sources. 1 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (50%). 2 total trade ideas tracked. Latest voices: Charles Bobrinskoy, Vimal Kapoor.