Sidoti Csr Issues Pessimistic Forecast for RELL Earnings

Richardson Electronics, Ltd. (NASDAQ:RELL - Free Report) - Investment analysts at Sidoti Csr decreased their Q3 2025 earnings estimates for shares of Richardson Electronics in a research note issued to investors on Thursday, January 9th. Sidoti Csr analyst A. Soderstrom now anticipates that the technology company will post earnings per share of $0.10 for the quarter, down from their previous forecast of $0.12. The consensus estimate for Richardson Electronics' current full-year earnings is $0.33 per share. Sidoti Csr also issued estimates for Richardson Electronics' FY2025 earnings at $0.28 EPS.

Richardson Electronics (NASDAQ:RELL - Get Free Report) last released its earnings results on Tuesday, January 7th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.03). Richardson Electronics had a negative return on equity of 0.24% and a negative net margin of 0.40%.

Richardson Electronics Stock Up 1.2 %

Richardson Electronics stock traded up $0.16 during midday trading on Friday, reaching $13.02. The stock had a trading volume of 84,736 shares, compared to its average volume of 83,806. The firm has a market capitalization of $187.24 million, a PE ratio of -260.40, a P/E/G ratio of 1.74 and a beta of 0.95. Richardson Electronics has a 12 month low of $8.08 and a 12 month high of $15.51. The firm's 50-day moving average price is $14.14 and its 200 day moving average price is $12.82.

Institutional Investors Weigh In On Richardson Electronics

Several hedge funds have recently bought and sold shares of RELL. American Century Companies Inc. increased its position 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 valued at $218,000 after purchasing an additional 2,359 shares during the last quarter. Barclays PLC increased its holdings in Richardson Electronics by 151.0% during the 3rd quarter. Barclays PLC now owns 19,639 shares of the technology company's stock valued at $242,000 after purchasing an additional 11,815 shares during the period. Royce & Associates LP increased its stake in shares of Richardson Electronics by 8.7% during the third quarter. Royce & Associates LP now owns 1,128,591 shares of the technology company's stock valued at $13,927,000 after buying an additional 90,164 shares during the period. Squarepoint Ops LLC increased its position in Richardson Electronics by 11.8% during the 2nd quarter. Squarepoint Ops LLC now owns 21,722 shares of the technology company's stock valued at $258,000 after purchasing an additional 2,284 shares during the period. Finally, State Street Corp lifted its position in shares of Richardson Electronics by 0.4% in the 3rd quarter. State Street Corp now owns 225,563 shares of the technology company's stock worth $2,783,000 after purchasing an additional 914 shares during the period. 71.95% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director James Benham bought 4,500 shares of the stock in a transaction on Tuesday, October 15th. The shares were acquired at an average cost of $13.29 per share, for a total transaction of $59,805.00. Following the purchase, the director now directly owns 13,706 shares of the company's stock, valued at $182,152.74. This trade represents a 48.88 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 32.84% of the stock is owned by company insiders.

Richardson Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 7th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.84%. Richardson Electronics's dividend payout ratio is -480.00%.

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.