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

Richardson Electronics, Ltd. (NASDAQ:RELL - Free Report) - Stock analysts at Sidoti Csr issued their Q1 2027 EPS estimates for shares of Richardson Electronics in a report released 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 - Get Free Report) last issued its earnings results on Wednesday, April 9th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.03. Richardson Electronics had a return on equity of 0.42% and a net margin of 0.13%. The business had revenue of $53.80 million during the quarter, compared to analysts' expectations of $56.90 million. During the same period in the prior year, the firm posted $0.05 EPS.

A number of other research firms have also commented on RELL. Northland Securities restated a "market perform" rating on shares of Richardson Electronics in a research report on Monday, January 13th. Northland Capmk downgraded Richardson Electronics from a "strong-buy" rating to a "hold" rating in a report on Monday, January 13th. Finally, StockNews.com raised Richardson Electronics from a "hold" rating to a "buy" rating in a report on Friday.

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Richardson Electronics Stock Performance

Shares of NASDAQ RELL traded down $0.12 during midday trading on Monday, reaching $8.18. 134,707 shares of the company traded hands, compared to its average volume of 71,950. The stock's 50-day simple moving average is $11.94 and its 200-day simple moving average is $13.09. Richardson Electronics has a 12 month low of $7.57 and a 12 month high of $15.51. The firm has a market cap of $117.87 million, a PE ratio of 272.76, a PEG ratio of 1.98 and a beta of 0.89.

Richardson Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $0.24 annualized dividend and a dividend yield of 2.93%. Richardson Electronics's dividend payout ratio (DPR) is currently -141.18%.

Insider Activity at Richardson Electronics

In other news, CFO Robert J. Ben sold 2,500 shares of Richardson Electronics stock in a transaction on Tuesday, February 4th. The stock was 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 of the company's stock, valued at approximately $724,211.52. This trade represents a 4.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 32.84% of the stock is currently owned by company insiders.

Institutional Trading of Richardson Electronics

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royce & Associates LP boosted its stake in shares of Richardson Electronics by 10.6% in the 4th quarter. Royce & Associates LP now owns 1,248,276 shares of the technology company's stock valued at $17,513,000 after purchasing an additional 119,685 shares during the last quarter. First Wilshire Securities Management Inc. raised its position in shares of Richardson Electronics by 36.9% during the 4th quarter. First Wilshire Securities Management Inc. now owns 521,465 shares of the technology company's stock valued at $7,316,000 after acquiring an additional 140,653 shares during the last quarter. Azarias Capital Management L.P. boosted its position in shares of Richardson Electronics by 3.9% in the 4th quarter. Azarias Capital Management L.P. now owns 446,496 shares of the technology company's stock worth $6,264,000 after purchasing an additional 16,843 shares during the last quarter. Geode Capital Management LLC increased its holdings in Richardson Electronics by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 293,446 shares of the technology company's stock valued at $4,118,000 after purchasing an additional 2,841 shares during the last quarter. Finally, State Street Corp lifted its stake in Richardson Electronics by 0.4% in the third quarter. State Street Corp now owns 225,563 shares of the technology company's stock valued at $2,783,000 after buying an additional 914 shares during the period. 71.95% of the stock is owned by institutional investors.

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.