Contrasting Resideo Technologies (NYSE:REZI) & Latch (NASDAQ:LTCH)

Resideo Technologies (NYSE:REZI) and Latch (NASDAQ:LTCH) are both industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, valuation, earnings and profitability.

Profitability

This table compares Resideo Technologies and Latch’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Resideo Technologies 4.18% 14.59% 5.09%
Latch N/A N/A N/A

Insider and Institutional Ownership

91.1% of Resideo Technologies shares are held by institutional investors. Comparatively, 33.7% of Latch shares are held by institutional investors. 0.1% of Resideo Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Resideo Technologies and Latch’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Resideo Technologies $5.07 billion 0.79 $37.00 million $1.45 19.21
Latch N/A N/A -$7.39 million N/A N/A

Resideo Technologies has higher revenue and earnings than Latch.

Analyst Ratings

This is a summary of current ratings and price targets for Resideo Technologies and Latch, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Resideo Technologies 0 5 2 0 2.29
Latch 0 2 3 0 2.60

Resideo Technologies presently has a consensus target price of $29.00, suggesting a potential upside of 4.13%. Latch has a consensus target price of $15.86, suggesting a potential upside of 15.50%. Given Latch’s stronger consensus rating and higher probable upside, analysts plainly believe Latch is more favorable than Resideo Technologies.

Summary

Resideo Technologies beats Latch on 7 of the 10 factors compared between the two stocks.

About Resideo Technologies

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.

About Latch

Latch, Inc. makes spaces better places to live, work, and visit through a system of software, devices, and services in the United States. Its products include LatchOS for Commercial Office, a commercial solution that would extend smart access, visitor and delivery management, smart device and sensor control, connectivity, and identity and personalization solutions to meet the needs of modern office spaces; Latch Visitor Express, a contactless visitor entry system; The Latch Lens Partner Program that enables access device partners to leverage Latch's software and Latch Lens; LatchID, an identification system that creates a network of users, across spaces, and devices; and Latch C2, a smart access solution for retrofits and new construction. The company is headquartered in New York City, with additional offices in San Francisco and Taipei.

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