What is Sidoti Csr’s Forecast for RELL Q1 Earnings?

Richardson Electronics, Ltd. (NASDAQ:RELL) – Equities researchers at Sidoti Csr issued their Q1 2027 earnings per share (EPS) estimates for Richardson Electronics in a research note issued to investors on Friday, April 11th. Sidoti Csr analyst A. Soderstrom anticipates that the technology company will post earnings of $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.

Richardson Electronics (NASDAQ:RELL) last released its earnings results on Wednesday, April 9th. The technology company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $53.80 million for the quarter, compared to analyst estimates of $56.90 million. Richardson Electronics had a return on equity of 0.42% and a net margin of 0.13%. During the same quarter last year, the firm posted $0.05 earnings per share.

Several other brokerages have also recently issued reports on RELL. Northland Capmk cut 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 note on Friday. Finally, Northland Securities reaffirmed a “market perform” rating on shares of Richardson Electronics in a research report on Monday, January 13th.

Richardson Electronics Trading Up 0.4 %

Shares of Richardson Electronics stock opened at $8.15 on Monday. The stock’s fifty day moving average price is $12.04 and its 200-day moving average price is $13.12. The firm has a market cap of $117.43 million, a P/E ratio of 271.76, a P/E/G ratio of 1.98 and a beta of 0.89. Richardson Electronics has a 12 month low of $7.57 and a 12 month high of $15.51.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp boosted its position in shares of Richardson Electronics by 0.4% during the third quarter. State Street Corp now owns 225,563 shares of the technology company’s stock worth $2,783,000 after buying an additional 914 shares during the period. Jane Street Group LLC boosted its holdings in Richardson Electronics by 8.2% during the 3rd quarter. Jane Street Group LLC now owns 15,545 shares of the technology company’s stock valued at $192,000 after acquiring an additional 1,182 shares during the period. XTX Topco Ltd acquired a new position in Richardson Electronics in the 3rd quarter valued at about $134,000. Barclays PLC increased its stake 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 purchasing an additional 11,815 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Richardson Electronics by 5.3% during the third quarter. Geode Capital Management LLC now owns 290,605 shares of the technology company’s stock worth $3,586,000 after purchasing an additional 14,727 shares in the last quarter. Institutional investors and hedge funds own 71.95% of the company’s stock.

Insider Activity

In other news, CFO Robert J. Ben sold 2,500 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $13.28, for a total value of $33,200.00. Following the completion of the sale, the chief financial officer now directly owns 54,534 shares in the company, valued at $724,211.52. This represents a 4.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 32.84% of the company’s stock.

Richardson Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Friday, May 9th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $0.24 annualized dividend and a dividend yield of 2.94%. Richardson Electronics’s dividend payout ratio is presently -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.