Equities Analysts Set Expectations for RELL FY2026 Earnings

Richardson Electronics, Ltd. (NASDAQ:RELLFree Report) – Sidoti Csr raised their FY2026 earnings per share estimates for Richardson Electronics in a report released on Friday, January 9th. Sidoti Csr analyst A. Soderstrom now expects that the technology company will post earnings of $0.22 per share for the year, up from their prior estimate of $0.20. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.27 per share.

Other equities analysts have also issued research reports about the company. Weiss Ratings lowered Richardson Electronics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. Zacks Research lowered shares of Richardson Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Read Our Latest Analysis on RELL

Richardson Electronics Stock Up 2.4%

NASDAQ:RELL opened at $10.56 on Monday. The company’s 50 day moving average price is $10.63 and its 200-day moving average price is $10.29. Richardson Electronics has a 52 week low of $7.57 and a 52 week high of $13.88. The stock has a market cap of $153.01 million, a price-to-earnings ratio of 211.24, a PEG ratio of 1.59 and a beta of 1.01.

Richardson Electronics (NASDAQ:RELLGet Free Report) last released its earnings results on Wednesday, January 7th. The technology company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The business had revenue of $52.29 million for the quarter, compared to the consensus estimate of $49.90 million. Richardson Electronics had a return on equity of 3.30% and a net margin of 0.38%.During the same period in the previous year, the company posted ($0.05) earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Strs Ohio bought a new position in shares of Richardson Electronics during the 1st quarter worth $289,000. Goldman Sachs Group Inc. increased its position in shares of Richardson Electronics by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 85,081 shares of the technology company’s stock worth $950,000 after purchasing an additional 5,802 shares in the last quarter. ARS Investment Partners LLC lifted its holdings in shares of Richardson Electronics by 11.7% during the 2nd quarter. ARS Investment Partners LLC now owns 50,944 shares of the technology company’s stock valued at $492,000 after purchasing an additional 5,353 shares during the last quarter. First Wilshire Securities Management Inc. grew its stake in shares of Richardson Electronics by 12.0% during the second quarter. First Wilshire Securities Management Inc. now owns 838,077 shares of the technology company’s stock worth $8,087,000 after acquiring an additional 89,603 shares during the last quarter. Finally, Founders Capital Management increased its position in shares of Richardson Electronics by 22.6% in the 2nd quarter. Founders Capital Management now owns 6,500 shares of the technology company’s stock valued at $63,000 after acquiring an additional 1,200 shares during the period. 71.95% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Richardson Electronics

In other news, CFO Robert J. Ben sold 9,500 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $11.45, for a total value of $108,775.00. Following the completion of the sale, the chief financial officer owned 62,034 shares in the company, valued at approximately $710,289.30. This trade represents a 13.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kenneth Halverson sold 4,200 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $11.33, for a total value of $47,586.00. Following the transaction, the director owned 14,345 shares of the company’s stock, valued at $162,528.85. This trade represents a 22.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 33.40% of the company’s stock.

Richardson Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 6th. Richardson Electronics’s payout ratio is presently 480.00%.

Key Richardson Electronics News

Here are the key news stories impacting Richardson Electronics this week:

About Richardson Electronics

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Richardson Electronics, Ltd. (NASDAQ:RELL) is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.

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