NASDAQ:RELL

Richardson Electronics - RELL Stock Forecast, Price & News

$14.94

-0.33 (-2.16%)

(As of 10/5/2022 11:32 AM ET)

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Today's Range: $14.92
▼
$15.16
50-Day Range: $13.96
▼
$17.79
52-Week Range: $9.52
▼
$18.11

Volume: 1,288 shs
Average Volume: 119,854 shs
Market Capitalization: $205.43 million

P/E Ratio: 11.49
Dividend Yield: 1.58%
Price Target: N/A

Richardson Electronics MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.35% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.71
Based on 6 Articles This Week
Insider Trading: Selling Shares
$826,230 Sold Last Quarter
Proj. Earnings Growth: 52.34%
From $1.07 to $1.63 Per Share

Overall MarketRank^™

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

3.12 out of 5 stars

Computer And Technology Sector

36th out of 648 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

1st out of 9 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
2.35% of the float of Richardson Electronics has been sold short.
Short Interest Ratio / Days to Cover
Richardson Electronics has a short interest ratio ("days to cover") of 1.4, 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 2.75%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Richardson Electronics pays a meaningful dividend of 1.58%, 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 18.46%. 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 14.72% 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.

2.6

News and Social Media Coverage

News Sentiment
Richardson Electronics has a news sentiment score of 0.71. 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 is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Richardson Electronics this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for RELL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Richardson Electronics to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 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 $826,230.00 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
47.72% of the stock of Richardson Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Richardson Electronics are expected to grow by 52.34% in the coming year, from $1.07 to $1.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Richardson Electronics is 11.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Richardson Electronics is 11.66, 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 333.36.
Price to Book Value per Share Ratio
Richardson Electronics has a P/B Ratio of 1.53. 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 power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables; technical services for microwave and industrial equipment; and power conversion and RF and microwave component for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. The company's Canvys segment provides custom display solutions, such as touch screens, protective panels, all-in-one computers, custom enclosures, specialized cabinet finishes, application specific software packages, and certification services to corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets. Its Healthcare segment manufactures and distributes diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; MRI coils, cold heads, and RF amplifiers; hydrogen thyratrons, klystrons, and magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions, as well as offers CT service training. It serves hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company's products are used to control, switch, or amplify electrical power signals, as well as used as display devices in alternative energy, healthcare, aviation, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.

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RELL Stock News Headlines

October 4, 2022 | msn.com

Earnings Outlook For Richardson Electronics

October 3, 2022 | finance.yahoo.com

Richardson Electronics, Ltd. Announces New Patent Pending ULTRAVOLTAGE3000 - A Voltage Discharge Device for Ultracapacitors

October 3, 2022 | finance.yahoo.com

Richardson Electronics, Ltd. Announces New Patent Pending ULTRAVOLTAGE3000 - A Voltage Discharge Device for Ultracapacitors

September 29, 2022 | finance.yahoo.com

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Richardson Electronics, Ltd.'s (NASDAQ:RELL) CEO For Now

September 28, 2022 | finance.yahoo.com

Richardson Electronics Announces Date of First Quarter Fiscal Year 2023 Conference Call

September 20, 2022 | finance.yahoo.com

Richardson Electronics, Ltd. Participating in WindEnergy Hamburg 2022

September 20, 2022 | finance.yahoo.com

Richardson Electronics, Ltd. Participating in WindEnergy Hamburg 2022

September 15, 2022 | finance.yahoo.com

Richardson Electronics, Ltd. Announces New Patent Pending Shunt Resistor Accessory for ULTRA3000® Pitch Energy Module

September 9, 2022 | reuters.com

Richardson Electronics Ltd

September 8, 2022 | nasdaq.com

With 37% stake, Richardson Electronics, Ltd. (NASDAQ:RELL) seems to have captured institutional investors' interest

September 6, 2022 | seekingalpha.com

Richardson Electronics New Products Should Drive Growth Right Through A Recession

September 4, 2022 | fool.com

Richardson Electronics (NASDAQ: RELL)

August 31, 2022 | finance.yahoo.com

Richardson Electronics (RELL) Stock Moves -1.07%: What You Should Know

August 26, 2022 | finance.yahoo.com

Is Richardson Electronics, Ltd.'s (NASDAQ:RELL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

August 23, 2022 | finance.yahoo.com

Richardson Electronics (RELL) Gains As Market Dips: What You Should Know

August 16, 2022 | finance.yahoo.com

Richardson Electronics Participating in 2022 KIEES Summer Academic Conference in South Korea

August 9, 2022 | finance.yahoo.com

Do Richardson Electronics' (NASDAQ:RELL) Earnings Warrant Your Attention?

August 3, 2022 | finance.yahoo.com

Has Richardson Electronics (RELL) Outpaced Other Computer and Technology Stocks This Year?

July 28, 2022 | finance.yahoo.com

Richardson Electronics, Ltd. Strengthens Power & Microwave Technology in North America, France, and Malaysia with Field Engineering Support

July 28, 2022 | finance.yahoo.com

Canvys Launches New Medical 32-inch 4K Monitor with up to 12G-SDI

July 24, 2022 | nasdaq.com

Richardson Electronics (NASDAQ:RELL) shareholders have earned a 46% CAGR over the last three years

July 24, 2022 | finance.yahoo.com

Richardson Electronics (NASDAQ:RELL) Is Paying Out A Dividend Of $0.06

July 22, 2022 | nasdaq.com

Zacks.com featured highlights Equinor, Greif, Richardson Electronics, Mercer International and TFI International

July 21, 2022 | seekingalpha.com

Richardson Electronics, Ltd. (RELL) CEO Edward Richardson on Q4 2022 Results - Earnings Call Transcript

July 20, 2022 | finance.yahoo.com

Richardson Electronics Reports Fourth Quarter Fiscal 2022 Net Income of $8.3 Million and Fiscal Year 2022 Net Income of $17.9 Million; Declares Quarterly Cash Dividend

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RELL Company Calendar

Last Earnings: 7/20/2022
Ex-Dividend for 8/24 Dividend: 8/04/2022
Dividend Payable: 8/24/2022
Today: 10/05/2022
Next Earnings (Confirmed): 10/05/2022
Fiscal Year End: 5/31/2023

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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): $1.30
Trailing P/E Ratio: 11.49
Forward P/E Ratio: 13.96
P/E Growth: N/A
Net Income: $17.93 million
Net Margins: 7.98%
Pretax Margin: 7.02%
Return on Equity: 11.32%
Return on Assets: 8.61%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.72
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: $224.62 million
Price / Sales: 0.91
Cash Flow: $1.29 per share
Price / Cash Flow: 11.59
Book Value: $9.91 per share
Price / Book: 1.51

Miscellaneous

Outstanding Shares: 13,750,000
Free Float: 9,088,000
Market Cap: $205.43 million
Optionable: Optionable
Beta: 0.55

Key Executives

Mr. Edward J. Richardson (Age 80)
Chairman, CEO & Pres
Comp: $1.18M

Mr. Robert J. Ben (Age 57)
Exec. VP, CFO, Chief Accounting Officer & Corp. Sec.
Comp: $451.73k

Ms. Wendy S. Diddell (Age 57)
Exec. VP, COO & Director
Comp: $652.72k

Mr. Gregory J. Peloquin (Age 58)
Exec. VP of Power & Microwave Technologies Group
Comp: $578.53k

Mr. Jens Ruppert (Age 50)
Exec. VP & GM of Canvys
Comp: $465.57k

Mr. Christopher Marshall
CTO & VP of Marketing, Power & Microwave Technologies Group

Ms. Kathleen M. McNally (Age 62)
Sr. VP of 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 2022?: Richardson Electronics' stock was trading at $13.52 at the start of the year. Since then, RELL shares have increased by 12.9% and is now trading at $15.27.
View the best growth stocks for 2022 here.
When is Richardson Electronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our RELL earnings forecast.
How can I listen to Richardson Electronics' earnings call?: Richardson Electronics will be holding an earnings conference call on Thursday, October 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Richardson Electronics' earnings last quarter?: Richardson Electronics, Ltd. (NASDAQ:RELL) released its earnings results on Wednesday, July, 20th. The technology company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.05. The technology company had revenue of $61.63 million for the quarter, compared to the consensus estimate of $61.50 million. Richardson Electronics had a net margin of 7.98% and a trailing twelve-month return on equity of 11.32%.
How often does Richardson Electronics pay dividends? What is the dividend yield for Richardson Electronics?: Richardson Electronics announced a quarterly dividend on Wednesday, July 20th. Investors of record on Friday, August 5th will be given a dividend of $0.06 per share on Wednesday, August 24th. This represents a $0.24 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, August 4th.
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 1.58%. The dividend payout ratio is 18.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RELL will have a dividend payout ratio of 14.72% 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).
What is Richardson Electronics' stock symbol?: Richardson Electronics trades on the NASDAQ under the ticker symbol "RELL."
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 $15.27.
How much money does Richardson Electronics make?: Richardson Electronics (NASDAQ:RELL) has a market capitalization of $209.96 million and generates $224.62 million in revenue each year. The technology company earns $17.93 million in net income (profit) each year or $1.30 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 10/5/2022 by MarketBeat.com Staff

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Richardson Electronics - RELL Stock Forecast, Price & News

Richardson Electronics MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows