NASDAQ:RELL

Richardson Electronics (RELL) Stock Forecast, Price & News

$16.71

+0.04 (+0.24%)

(As of 02:31 PM ET)

Compare

Today's Range: $16.15
▼
$16.74
50-Day Range: $15.03
▼
$23.04
52-Week Range: $13.39
▼
$27.24

Volume: 82,194 shs
Average Volume: 186,135 shs
Market Capitalization: $236.28 million

P/E Ratio: 8.94
Dividend Yield: 1.44%
Price Target: N/A

Richardson Electronics MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
4.89% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.62
Based on 2 Articles This Week
Insider Trading: Selling Shares
$702,870 Sold Last Quarter
Proj. Earnings Growth: -17.81%
From $1.46 to $1.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Computer And Technology Sector

52nd out of 621 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

1st out of 7 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Richardson Electronics.

4.0

Short Interest

Percentage of Shares Shorted
4.89% of the outstanding shares of Richardson Electronics have been sold short.
Short Interest Ratio / Days to Cover
Richardson Electronics has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Richardson Electronics has recently decreased by 1.12%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Richardson Electronics pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Richardson Electronics does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Richardson Electronics is 12.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Richardson Electronics will have a dividend payout ratio of 20.00% next year. This indicates that Richardson Electronics will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RELL.

2.0

News and Social Media Coverage

News Sentiment
Richardson Electronics has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Richardson Electronics this week, compared to 3 articles on an average week.
Search Interest
Only 5 people have searched for RELL on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
MarketBeat Follows
3 people have added Richardson Electronics to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Richardson Electronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $702,870.00 in company stock.
Percentage Held by Insiders
33.91% of the stock of Richardson Electronics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.93% of the stock of Richardson Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Richardson Electronics are expected to decrease by -17.81% in the coming year, from $1.46 to $1.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Richardson Electronics is 8.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Richardson Electronics is 8.94, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 319.13.
Price to Earnings Growth Ratio
Richardson Electronics has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Richardson Electronics has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Richardson Electronics (NASDAQ:RELL) Stock

Richardson Electronics Ltd. engages in the provision of engineered solutions and distributes electronic components to the electron device marketplace. It operates through the following segments: Power and Microwave Technologies Group (PMT), Canvys, and Healthcare. The PMT segment provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair-all through its existing global infrastructure. The Canvys segment offers customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturers markets. The Healthcare segment manufactures, refurbishes, and distributes replacement parts for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.

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RELL Stock News Headlines

May 25, 2023 | seekingalpha.com

RELL Richardson Electronics, Ltd.

May 24, 2023 | finance.yahoo.com

Richardson Electronics’ Patented ULTRA3000® Selected by GE Vernova as the Exclusive Pitch Energy Module Available on their Expanded Product Marketplace

May 31, 2023 | Edge On The Street (Ad)

146 Pounds of Graphite Needed for Each EV

Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.

May 24, 2023 | americanbankingnews.com

Richardson Electronics, Ltd. (NASDAQ:RELL) EVP Gregory J. Peloquin Sells 24,000 Shares of Stock

May 24, 2023 | americanbankingnews.com

Paul J. Plante Sells 15,000 Shares of Richardson Electronics, Ltd. (NASDAQ:RELL) Stock

May 23, 2023 | finance.yahoo.com

Richardson Electronics Set to Join Russell 3000® Index

May 22, 2023 | americanbankingnews.com

Richardson Electronics (NASDAQ:RELL) Research Coverage Started at StockNews.com

May 15, 2023 | finance.yahoo.com

Richardson Electronics, Ltd. Introduces New Patent Pending Hybrid Ultracapacitor UPS System for Wind Turbines and Other Power Management Systems

May 31, 2023 | Edge On The Street (Ad)

146 Pounds of Graphite Needed for Each EV

May 15, 2023 | americanbankingnews.com

Short Interest in Richardson Electronics, Ltd. (NASDAQ:RELL) Decreases By 15.5%

May 7, 2023 | finance.yahoo.com

Investing in Richardson Electronics (NASDAQ:RELL) three years ago would have delivered you a 318% gain

May 3, 2023 | finance.yahoo.com

Richardson Electronics, Ltd. Announces New ULTRAPEM™ Series of Pitch Energy Modules for Wind Turbines

May 2, 2023 | americanbankingnews.com

Richardson Electronics, Ltd. (RELL) to Issue Quarterly Dividend of $0.06 on May 24th

April 23, 2023 | finance.yahoo.com

Institutional investors may overlook Richardson Electronics, Ltd.'s (NASDAQ:RELL) recent US$27m market cap drop as long-term gains remain positive

April 21, 2023 | msn.com

Unusual Call Option Trade in Richardson Electronics (RELL) Worth $7.50K

April 10, 2023 | finance.yahoo.com

3 Reasons Growth Investors Will Love Richardson Electronics (RELL)

April 8, 2023 | msn.com

Richardson Electronics (RELL) Declares $0.06 Dividend

April 7, 2023 | msn.com

Richardson Electronics Falls Despite Q3 Beat

April 7, 2023 | finance.yahoo.com

Should You Add Richardson Electronics, Ltd. (RELL) to Your Portfolio?

April 7, 2023 | finance.yahoo.com

Is Richardson Electronics, Ltd. (NASDAQ:RELL) Potentially Undervalued?

April 6, 2023 | baystreet.ca

Richardson Falls as Backlog Shrinks

April 6, 2023 | benzinga.com

What's Going On With Richardson Electronics Stock Today?

April 6, 2023 | cnbc.com

Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more

April 5, 2023 | finance.yahoo.com

Richardson Electronics Reports 10th Consecutive Quarter of Year-Over-Year Revenue Growth for the Third Quarter Fiscal 2023; Declares Quarterly Cash Dividend

April 5, 2023 | finance.yahoo.com

Richardson Electronics (RELL) Beats Q3 Earnings and Revenue Estimates

April 4, 2023 | msn.com

A Preview Of Richardson Electronics's Earnings

March 30, 2023 | money.usnews.com

Richardson Electronics, Ltd.

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RELL Company Calendar

Last Earnings: 7/22/2020
Ex-Dividend for 5/24 Dividend: 5/04/2023
Dividend Payable: 5/24/2023
Today: 5/31/2023
Fiscal Year End: 5/31/2023
Next Earnings (Estimated): 7/19/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic parts & equipment, not elsewhere classified
Sub-Industry: Technology Distributors
Sector: Computer and Technology
Current Symbol: NASDAQ:RELL
CUSIP: 76316510
CIK: 355948
Web: www.rell.com
Phone: (630) 208-2200
Fax: 630-208-2550
Employees: 373
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.87
Trailing P/E Ratio: 8.89
Forward P/E Ratio: 11.38
P/E Growth: 0.6
Net Income: $17.93 million
Net Margins: 9.98%
Pretax Margin: 10.65%
Return on Equity: 15.95%
Return on Assets: 12.17%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.05
Quick Ratio: 1.65

Sales & Book Value

Annual Sales: $224.62 million
Price / Sales: 1.05
Cash Flow: $1.25 per share
Price / Cash Flow: 13.27
Book Value: $9.91 per share
Price / Book: 1.68

Miscellaneous

Outstanding Shares: 14,140,000
Free Float: 9,343,000
Market Cap: $235.01 million
Optionable: Optionable
Beta: 0.80

Key Executives

Edward J. Richardson
Chairman, President & Chief Executive Officer

Wendy S. Diddell
Chief Operating Officer, Director & Executive VP

Robert J. Ben
CFO, Secretary, Chief Accounting Officer & EVP

Jens Ruppert
Executive Vice President & General Manager-Canvys

Kathy McNally
Senior Vice President-Global Supply Chain

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RELL Stock - Frequently Asked Questions

How have RELL shares performed in 2023?: Richardson Electronics' stock was trading at $21.33 at the start of the year. Since then, RELL shares have decreased by 22.1% and is now trading at $16.62.
View the best growth stocks for 2023 here.
When is Richardson Electronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our RELL earnings forecast.
How were Richardson Electronics' earnings last quarter?: Richardson Electronics, Ltd. (NASDAQ:RELL) posted its earnings results on Wednesday, July, 22nd. The technology company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.15. The technology company earned $37.36 million during the quarter. Richardson Electronics had a net margin of 9.98% and a trailing twelve-month return on equity of 15.95%.
How often does Richardson Electronics pay dividends? What is the dividend yield for Richardson Electronics?: Richardson Electronics announced a quarterly dividend on Wednesday, April 5th. Stockholders of record on Friday, May 5th will be given a dividend of $0.06 per share on Wednesday, May 24th. This represents a $0.24 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Thursday, May 4th.
Read our dividend analysis for RELL.
What ETFs hold Richardson Electronics' stock?: ETFs with the largest weight of Richardson Electronics (NASDAQ:RELL) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Ballast Small/Mid Cap ETF (MGMT), Inspire Fidelis Multi Factor ETF (FDLS), Invesco DWA SmallCap Momentum ETF (DWAS), Hartford Multifactor Small Cap ETF (ROSC).First Trust Dow Jones Select Microcap Index Fund (FDM),
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 1.38%. The dividend payout ratio is 12.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RELL will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RELL.
What guidance has Richardson Electronics issued on next quarter's earnings?: Richardson Electronics updated its third quarter 2023 earnings guidance on Tuesday, March, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $70.00M-, compared to the consensus revenue estimate of $68.50 million.
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).
What is Richardson Electronics' stock symbol?: Richardson Electronics trades on the NASDAQ under the ticker symbol "RELL."
Who are Richardson Electronics' major shareholders?: Richardson Electronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.11%), FMR LLC (4.71%), Royce & Associates LP (4.58%), Renaissance Technologies LLC (4.22%), First Wilshire Securities Management Inc. (3.21%) and Portolan Capital Management LLC (2.87%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Richardson Electronics' stock price today?: One share of RELL stock can currently be purchased for approximately $16.62.
How much money does Richardson Electronics make?: Richardson Electronics (NASDAQ:RELL) has a market capitalization of $235.01 million and generates $224.62 million in revenue each year. The technology company earns $17.93 million in net income (profit) each year or $1.87 on an earnings per share basis.
How many employees does Richardson Electronics have?: The company employs 373 workers across the globe.
How can I contact Richardson Electronics?: Richardson Electronics' mailing address is 40W267 KESLINGER ROAD P.O. BOX 393, LAFOX IL, 60147. The official website for the company is www.rell.com. The technology company can be reached via phone at (630) 208-2200 or via fax at 630-208-2550.

This page (NASDAQ:RELL) was last updated on 5/31/2023 by MarketBeat.com Staff

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