Recent commentary around the Security and Safety Services industry has put Resideo Technologies (REZI) in focus, as demand for its First Alert SC5 connected detectors and ElitePRO smart thermostats attracts fresh attention from investors.

The recent focus on connected detectors and smart thermostats comes after a mixed price pattern, with Resideo Technologies’ share price returning 3.33% over one day but recording a 14.55% decline over 90 days, while its 1 year total shareholder return of 61.94% points to stronger longer term momentum.

If product launches like Resideo’s First Alert SC5 have caught your eye, this could be a good moment to widen your search with fast growing stocks with high insider ownership.

With a 1 year total return of 61.94% and the share price still trading at a discount to some valuation estimates, the key question is whether Resideo is still undervalued or if the market is already pricing in future growth.

Most Popular Narrative: 14.7% Undervalued

Resideo Technologies' most followed narrative points to a fair value of $41.50 compared with the last close at $35.40, putting the focus firmly on what has to go right to close that gap.

The planned separation of the ADI segment and portfolio optimization are set to sharpen strategic focus and resource allocation, enabling both entities to better address evolving industry needs and unlocking potential value, with positive implications for operating leverage, margin profile, and long-term earnings power.

Curious what sits behind that $41.50 figure? The narrative leans on steady top line expansion, margin rebuild and a future earnings multiple that assumes real progress. Want to see exactly how those moving parts come together?

Result: Fair Value of $41.50 (UNDERVALUED)

However, this hinges on Resideo holding its ground against Big Tech competitors and avoiding prolonged softness in key end markets, such as residential security and HVAC.

Build Your Own Resideo Technologies Narrative

If that fair value story does not quite fit how you see Resideo, you can test the numbers yourself and build a tailored view in minutes, Do it your way.

A great starting point for your Resideo Technologies research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

Looking for more investment ideas?

If Resideo is on your radar, do not stop there. Broaden your watchlist now so you are not late to the next opportunity the market highlights.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.