Richardson Electronics, Ltd. (NASDAQ:RELL – Free Report) – Research analysts at Northland Capmk dropped their FY2026 EPS estimates for Richardson Electronics in a report issued on Monday, January 27th. Northland Capmk analyst B. Brooks now forecasts that the technology company will post earnings of $0.72 per share for the year, down from their previous estimate of $0.73. Northland Capmk has a “Hold” rating on the stock. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.28 per share.
Separately, Northland Securities reiterated a “market perform” rating on shares of Richardson Electronics in a research report on Monday, January 13th.
Richardson Electronics Stock Up 0.2 %
Shares of NASDAQ RELL opened at $13.21 on Tuesday. The company has a market cap of $190.36 million, a price-to-earnings ratio of 440.48, a PEG ratio of 1.97 and a beta of 0.95. Richardson Electronics has a 52 week low of $8.08 and a 52 week high of $15.51. The firm’s fifty day moving average is $13.90 and its 200 day moving average is $12.97.
Richardson Electronics (NASDAQ:RELL – Get Free Report) last released its quarterly earnings data on Tuesday, January 7th. The technology company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.03). Richardson Electronics had a return on equity of 0.42% and a net margin of 0.13%.
Hedge Funds Weigh In On Richardson Electronics
A number of hedge funds have recently bought and sold shares of the company. XTX Topco Ltd purchased a new stake in Richardson Electronics during the 3rd quarter valued at $134,000. Insight Wealth Strategies LLC purchased a new stake in Richardson Electronics in the fourth quarter worth approximately $140,000. Ritholtz Wealth Management bought a new stake in Richardson Electronics in the 4th quarter worth approximately $172,000. Jane Street Group LLC increased its position in Richardson Electronics by 8.2% during the third 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 last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Richardson Electronics by 14.7% during the 2nd quarter. American Century Companies Inc. now owns 18,372 shares of the technology company’s stock worth $218,000 after acquiring an additional 2,359 shares during the last quarter. Institutional investors own 71.95% of the company’s stock.
Richardson Electronics Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 7th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Friday, February 7th. Richardson Electronics’s dividend payout ratio (DPR) is presently 800.27%.
Richardson Electronics Company Profile
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.
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