Analysts Offer Predictions for RELL Q1 Earnings

Richardson Electronics, Ltd. (NASDAQ:RELL - Free Report) - Stock analysts at Sidoti Csr issued their Q1 2027 EPS estimates for Richardson Electronics in a research report issued to clients and investors on Friday, April 11th. Sidoti Csr analyst A. Soderstrom anticipates that the technology company will earn $0.10 per share for the quarter. The consensus estimate for Richardson Electronics' current full-year earnings is $0.27 per share. Sidoti Csr also issued estimates for Richardson Electronics' Q2 2027 earnings at $0.12 EPS, Q3 2027 earnings at $0.16 EPS and FY2027 earnings at $0.55 EPS.

A number of other equities research analysts also recently issued reports on the stock. Northland Capmk downgraded shares of Richardson Electronics from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 13th. StockNews.com upgraded Richardson Electronics from a "hold" rating to a "buy" rating in a research report on Friday, April 11th. Finally, Northland Securities restated a "market perform" rating on shares of Richardson Electronics in a research report on Monday, January 13th.

Richardson Electronics Trading Down 0.6 %

Shares of NASDAQ:RELL traded down $0.05 on Monday, reaching $8.40. 121,620 shares of the company were exchanged, compared to its average volume of 71,839. Richardson Electronics has a 1-year low of $7.57 and a 1-year high of $15.51. The company has a 50-day moving average of $11.56 and a 200-day moving average of $12.97. The firm has a market cap of $121.04 million, a price-to-earnings ratio of 280.09, a price-to-earnings-growth ratio of 1.98 and a beta of 0.89.

Richardson Electronics (NASDAQ:RELL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 9th. The technology company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. The firm had revenue of $53.80 million for the quarter, compared to the consensus estimate of $56.90 million. Richardson Electronics had a return on equity of 0.42% and a net margin of 0.13%. During the same period in the previous year, the business earned $0.05 earnings per share.

Institutional Trading of Richardson Electronics

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in Richardson Electronics by 300.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 152,082 shares of the technology company's stock valued at $1,877,000 after purchasing an additional 114,065 shares during the last quarter. Barclays PLC lifted its position in Richardson Electronics by 151.0% during the third quarter. Barclays PLC now owns 19,639 shares of the technology company's stock worth $242,000 after buying an additional 11,815 shares during the period. Rhumbline Advisers boosted its stake in Richardson Electronics by 79.0% in the 4th quarter. Rhumbline Advisers now owns 34,396 shares of the technology company's stock worth $483,000 after buying an additional 15,181 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Richardson Electronics by 5.3% during the 3rd quarter. Geode Capital Management LLC now owns 290,605 shares of the technology company's stock valued at $3,586,000 after acquiring an additional 14,727 shares during the last quarter. Finally, Royce & Associates LP lifted its holdings in shares of Richardson Electronics by 10.6% during the 4th quarter. Royce & Associates LP now owns 1,248,276 shares of the technology company's stock worth $17,513,000 after acquiring an additional 119,685 shares during the period. 71.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Richardson Electronics news, CFO Robert J. Ben sold 2,500 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $13.28, for a total transaction of $33,200.00. Following the completion of the transaction, the chief financial officer now owns 54,534 shares of the company's stock, valued at approximately $724,211.52. This trade represents a 4.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 32.84% of the company's stock.

Richardson Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, May 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.86%. Richardson Electronics's dividend payout ratio (DPR) is -141.18%.

About Richardson Electronics

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.