NASDAQ:RELL

Richardson Electronics (RELL) Stock Price, News & Analysis

$10.19
-0.09 (-0.88%)
(As of 05/17/2024 ET)
Today's Range
$10.11
$10.31
50-Day Range
$8.18
$10.83
52-Week Range
$8.08
$19.58
Volume
70,266 shs
Average Volume
106,399 shs
Market Capitalization
$145.49 million
P/E Ratio
36.39
Dividend Yield
2.36%
Price Target
$13.00

Richardson Electronics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.6% Upside
$13.00 Price Target
Short Interest
Healthy
4.79% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.51mentions of Richardson Electronics in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$223,299 Sold Last Quarter
Proj. Earnings Growth
800.00%
From $0.05 to $0.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.81 out of 5 stars

Computer And Technology Sector

31st out of 590 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

1st out of 6 stocks

RELL stock logo

About Richardson Electronics Stock (NASDAQ:RELL)

Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and RF, Microwave and power components for semiconductors; and 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. This segment also provide thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, ultracapacitor modules, and liquid crystal display monitors under the Amperex, Cetron, and National brands. Its Green Energy Solutions segment offers design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket, and technical service and repair services for various applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions including synthetic diamond manufacturing. The Canvys segment provides customized display solutions, which includes touch screens, protective panels, custom enclosures, All-In-One computers, specialized cabinet finishes and application specific software packages, and certification services for corporate enterprise, financial, healthcare, industrial and medical original equipment manufacturers markets. Healthcare segment provides diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; CT service training; MRI coils, cold heads and RF amplifiers; hydrogen thyratrons, klystrons, magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions. The company was founded in 1947 and is headquartered in LaFox, Illinois.

RELL Stock Price History

RELL Stock News Headlines

Richardson Electronics Ltd.
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Company Calendar

Ex-Dividend for 2/28 Dividend
2/08/2024
Dividend Payable
2/28/2024
Last Earnings
4/11/2024
Ex-Dividend for 5/29 Dividend
5/09/2024
Today
5/18/2024
Dividend Payable
5/29/2024
Fiscal Year End
5/31/2024
Next Earnings (Estimated)
7/17/2024

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:RELL
CUSIP
76316510
Employees
451
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+27.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$22.33 million
Pretax Margin
0.88%

Debt

Sales & Book Value

Annual Sales
$207.92 million
Cash Flow
$1.65 per share
Book Value
$11.23 per share

Miscellaneous

Free Float
9,638,000
Market Cap
$145.49 million
Optionable
Optionable
Beta
0.99
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RELL Stock Analysis - Frequently Asked Questions

Should I buy or sell Richardson Electronics stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Richardson Electronics in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RELL shares.
View RELL analyst ratings
or view top-rated stocks.

What is Richardson Electronics' stock price target for 2024?

1 brokers have issued twelve-month target prices for Richardson Electronics' shares. Their RELL share price targets range from $13.00 to $13.00. On average, they expect the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for RELL
or view top-rated stocks among Wall Street analysts.

How have RELL shares performed in 2024?

Richardson Electronics' stock was trading at $13.35 at the beginning of the year. Since then, RELL shares have decreased by 23.7% and is now trading at $10.19.
View the best growth stocks for 2024 here
.

When is Richardson Electronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our RELL earnings forecast
.

How were Richardson Electronics' earnings last quarter?

Richardson Electronics, Ltd. (NASDAQ:RELL) released its quarterly earnings results on Thursday, April, 11th. The technology company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. The technology company earned $52.38 million during the quarter, compared to analysts' expectations of $56 million. Richardson Electronics had a trailing twelve-month return on equity of 1.09% and a net margin of 1.97%. During the same period in the previous year, the company earned $0.44 earnings per share.

How often does Richardson Electronics pay dividends? What is the dividend yield for Richardson Electronics?

Richardson Electronics announced a quarterly dividend on Tuesday, April 9th. Investors of record on Friday, May 10th will be paid a dividend of $0.06 per share on Wednesday, May 29th. This represents a $0.24 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Thursday, May 9th.
Read our dividend analysis for RELL
.

Is Richardson Electronics a good dividend stock?

Richardson Electronics (NASDAQ:RELL) pays an annual dividend of $0.24 per share and currently has a dividend yield of 2.27%. The dividend payout ratio is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RELL will have a dividend payout ratio of 53.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RELL.

What is Edward J. Richardson's approval rating as Richardson Electronics' CEO?

14 employees have rated Richardson Electronics Chief Executive Officer Edward J. Richardson on Glassdoor.com. Edward J. Richardson has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Richardson Electronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Richardson Electronics investors own include Walgreens Boots Alliance (WBA), Enphase Energy (ENPH), Intel (INTC), OPKO Health (OPK), Pfizer (PFE), Prospect Capital (PSEC), Rigel Pharmaceuticals (RIGL), Revolution Lighting Technologies (RVLT), Shaw Communications (SJR) and Welltower (WELL).

Who are Richardson Electronics' major shareholders?

Richardson Electronics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.13%), Ancora Advisors LLC (1.10%), Parthenon LLC (0.88%), GSA Capital Partners LLP (0.67%), Redmont Wealth Advisors LLC (0.40%) and Covestor Ltd (0.31%). Insiders that own company stock include Gregory J Peloquin, Jacques Belin, James Benham, Jens Frank Ruppert, Kathleen Mcnally, Kenneth Halverson, Paul J Plante, Robert H Kluge, Robert J Ben and Wendy Diddell.
View institutional ownership trends
.

How do I buy shares of Richardson Electronics?

Shares of RELL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RELL) was last updated on 5/18/2024 by MarketBeat.com Staff

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