Sidoti Csr Has Positive Forecast for RELL FY2026 Earnings

Richardson Electronics, Ltd. (NASDAQ:RELL) – Sidoti Csr increased their FY2026 earnings per share (EPS) estimates for Richardson Electronics in a note issued to investors on Friday, January 9th. Sidoti Csr analyst A. Soderstrom now forecasts that the technology company will post earnings per share of $0.22 for the year, up from their previous forecast of $0.20. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.27 per share.

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

Richardson Electronics Price Performance

Shares of RELL opened at $10.56 on Monday. The company has a market capitalization of $153.01 million, a PE ratio of 211.24, a price-to-earnings-growth ratio of 1.59 and a beta of 1.01. Richardson Electronics has a one year low of $7.57 and a one year high of $13.88. The company’s fifty day moving average price is $10.63 and its 200 day moving average price is $10.30.

Richardson Electronics (NASDAQ:RELL) last issued its quarterly earnings data on Wednesday, January 7th. The technology company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $52.29 million during the quarter, compared to analysts’ expectations of $49.90 million. Richardson Electronics had a net margin of 0.38% and a return on equity of 3.30%. During the same period in the previous year, the company earned ($0.05) earnings per share.

Richardson Electronics Announces Dividend

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

Insider Activity at Richardson Electronics

In related news, Director Kenneth Halverson sold 4,200 shares of the firm’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $11.33, for a total value of $47,586.00. Following the completion of the transaction, the director directly owned 14,345 shares of the company’s stock, valued at $162,528.85. This trade represents a 22.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 33.40% of the company’s stock.

Hedge Funds Weigh In On Richardson Electronics

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Founders Capital Management increased its stake in Richardson Electronics by 22.6% in the second 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. Wedbush Securities Inc. boosted its holdings in Richardson Electronics by 15.3% during the second quarter. Wedbush Securities Inc. now owns 14,814 shares of the technology company’s stock valued at $143,000 after purchasing an additional 1,970 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Richardson Electronics by 298.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company’s stock valued at $40,000 after purchasing an additional 3,117 shares during the period. ARS Investment Partners LLC raised its holdings in shares of Richardson Electronics by 11.7% in the 2nd quarter. ARS Investment Partners LLC now owns 50,944 shares of the technology company’s stock worth $492,000 after buying an additional 5,353 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Richardson Electronics by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 85,081 shares of the technology company’s stock worth $950,000 after buying an additional 5,802 shares in the last quarter. 71.95% of the stock is owned by institutional investors.

Richardson Electronics Company Profile

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.