2018 Smart Home Stocks: Winners and (Mostly) Losers
While Napco and Alarm.com had banner years, stock prices for many public companies in the smart home, security and custom integration markets dropped 19% on average in 2018.
While Napco and Alarm.com had banner years, stock prices for many public companies in the smart home, security and custom integration markets dropped 19% on average in 2018.
Honeywell spinoff Resideo joins Control4 and Alarm.com as the only pure-play, pro-centric security and smart home stocks. Here’s how it compares to 12 publicly traded competitors.
When Resideo begins trading on the NYSE Oct. 29, current Honeywell shareholders will receive a 6-to-1 stock dividend.
ADT’s stock is said to currently be a relative bargain thanks to a low attrition rate and continuing growth initiatives in commercial security.
Coming off a year in which the cumulative stock performance of public companies in the smart home, security and consumer electronics industries grew 22%, 2017 blew that away with a whopping 40.5% increase. However, some companies still saw red.
SSI’s annual summary takes a look at the strong performance of publicly-traded electronic security companies in 2017. The solid run follows a comparable ascending market sector posted the previous year.
Now is the time to sell as Alarm.com stocks see record share price.
Overall, publicly traded security companies rebounded in 2016 to post an estimated gain in excess of 7 percentage points over the prior year when returns dipped into the red.
Despite several major attacks this year, cybersecurity industry stock prices are on the rise.
Control4’s Q2 revenue hit $44.6 million compared to $36.7 million for the same quarter last year. Revenue for first half of 2015 is up 12% to $76.7 million.