Sidoti Cuts Earnings Estimates for Richardson Electronics

Richardson Electronics, Ltd. (NASDAQ:RELL) – Equities research analysts at Sidoti dropped their FY2027 earnings estimates for Richardson Electronics in a report issued on Monday, April 13th. Sidoti analyst A. Soderstrom now anticipates that the technology company will earn $0.39 per share for the year, down from their prior estimate of $0.55. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.27 per share.

Other analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Richardson Electronics in a report on Wednesday, April 8th. Northland Securities set a $14.00 target price on shares of Richardson Electronics in a report on Friday, April 10th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $14.00.

Richardson Electronics Trading Down 2.1%

Shares of RELL stock opened at $13.28 on Wednesday. Richardson Electronics has a 12 month low of $8.06 and a 12 month high of $15.34. The stock has a market cap of $192.80 million, a P/E ratio of 49.19, a P/E/G ratio of 2.13 and a beta of 1.13. The company has a 50 day simple moving average of $12.13 and a two-hundred day simple moving average of $11.24.

Richardson Electronics (NASDAQ:RELL) last announced its earnings results on Wednesday, April 8th. The technology company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. Richardson Electronics had a net margin of 1.75% and a return on equity of 2.83%. The business had revenue of $55.47 million during the quarter, compared to analysts’ expectations of $53.13 million.

Richardson Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Friday, May 8th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.8%. Richardson Electronics’s dividend payout ratio is 88.89%.

Insider Transactions at Richardson Electronics

In other news, EVP Jens Frank Ruppert sold 17,000 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $12.09, for a total value of $205,530.00. Following the completion of the sale, the executive vice president directly owned 39,500 shares of the company’s stock, valued at $477,555. This represents a 30.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kenneth Halverson sold 10,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $13.09, for a total transaction of $130,900.00. Following the completion of the sale, the director directly owned 14,345 shares of the company’s stock, valued at approximately $187,776.05. This trade represents a 41.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,000 shares of company stock valued at $447,890 over the last three months. Corporate insiders own 33.40% of the company’s stock.

Institutional Trading of Richardson Electronics

A number of hedge funds and other institutional investors have recently modified their holdings of RELL. AMH Equity Ltd purchased a new stake in shares of Richardson Electronics in the third quarter worth $783,000. Marshall Wace LLP purchased a new position in Richardson Electronics during the fourth quarter valued at $626,000. Walleye Capital LLC purchased a new position in Richardson Electronics during the fourth quarter valued at $497,000. Susquehanna International Group LLP grew its stake in Richardson Electronics by 840.6% during the third quarter. Susquehanna International Group LLP now owns 48,740 shares of the technology company’s stock valued at $477,000 after acquiring an additional 43,558 shares in the last quarter. Finally, Nano Cap New Millennium Growth Fund L P purchased a new position in Richardson Electronics during the fourth quarter valued at $462,000. 71.95% of the stock is owned by hedge funds and other institutional investors.

Richardson Electronics News Summary

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

• Positive Sentiment: Sidoti raised its FY2026 EPS estimate to $0.25 (from $0.22), a modest near-term upgrade that supports current-year profitability expectations and may temper downside. Richardson Electronics (RELL) on MarketBeat
• Positive Sentiment: Sidoti projects FY2028 EPS of $0.60, signaling a stronger longer-term outlook that could justify a higher multiple if execution follows. (Forward-year upside is longer horizon, so impact is gradual.)
• Neutral Sentiment: Northland Securities published FY2027 estimates (FY2027 EPS ~ $0.39) and quarter-level forecasts that largely align with the updated analyst consensus — useful context for modeling but not an outright catalyst. Richardson Electronics (RELL) on MarketBeat
• Neutral Sentiment: Yahoo Finance recap of the Q1 earnings call lists five analyst questions investors should watch — this is informative for judging management’s ability to address margin, backlog and demand visibility, but not a direct price driver. 5 Must-Read Analyst Questions From Richardson Electronics’s Q1 Earnings Call
• Neutral Sentiment: Coverage noting a shifted narrative after a new price target summarizes changing analyst views — could influence sentiment if more firms follow with target moves, but effect depends on subsequent coverage and revisions. How The Story Is Shifting For Richardson Electronics (RELL) After The New Price Target
• Negative Sentiment: Sidoti materially cut its FY2027 forecast from $0.55 to $0.39 — a large downward revision that reduces near-term earnings expectations and likely pressured the stock.
• Negative Sentiment: Sidoti trimmed multiple quarterly estimates (Q4 2026, Q1–Q3 2027 and Q4 2027 among others), indicating weaker near-term cadence and raising execution risk vs. prior guidance/expectations.
• Negative Sentiment: Negative press piece highlighting “3 Reasons RELL is Risky” raises short-term sentiment pressure and may prompt some investors to rotate into alternatives. 3 Reasons RELL is Risky and 1 Stock to Buy Instead

About Richardson Electronics

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.