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NASDAQ:RELL

Richardson Electronics (RELL) Stock Price, News & Analysis

Richardson Electronics logo
$14.13 +0.26 (+1.87%)
(As of 11/20/2024 ET)

About Richardson Electronics Stock (NASDAQ:RELL)

Key Stats

Today's Range
$13.86
$14.17
50-Day Range
$11.51
$14.81
52-Week Range
$8.08
$15.05
Volume
53,075 shs
Average Volume
64,579 shs
Market Capitalization
$203.19 million
P/E Ratio
N/A
Dividend Yield
1.70%
Price Target
$13.00
Consensus Rating
Buy

Company Overview

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. This segment also provides thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, ultracapacitor modules, and liquid crystal display monitors under the Amperex, Cetron, and National brands. The Green Energy Solutions segment offers design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket, and technical service and repair services for various applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions including synthetic diamond manufacturing. The Canvys segment provides custom display solutions, which includes touch screens, protective panels, custom enclosures, All-In-One computers, specialized cabinet finishes and application specific software packages, and certification services. The Healthcare segment provides diagnostic imaging replacement parts for CT and MRI systems, replacement CT and MRI tubes, CT service training, MRI and RF amplifiers, hydrogen thyratrons, klystrons, magnetrons, flat panel detector upgrades, pre-owned CT systems, and additional replacement solutions. It serves energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.

Richardson Electronics Stock Analysis - MarketRank™

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58th Percentile Overall Score

RELL MarketRank™: 

Richardson Electronics scored higher than 58% of companies evaluated by MarketBeat, and ranked 363rd out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Richardson Electronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Richardson Electronics has received no research coverage in the past 90 days.

  • Read more about Richardson Electronics' stock forecast and price target.
  • Earnings Growth

    Earnings for Richardson Electronics are expected to grow by 154.55% in the coming year, from $0.33 to $0.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Richardson Electronics is -282.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Richardson Electronics is -282.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Richardson Electronics has a PEG Ratio of 2.85. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Richardson Electronics has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Richardson Electronics' valuation and earnings.
  • Percentage of Shares Shorted

    2.80% of the outstanding shares of Richardson Electronics have been sold short.
  • Short Interest Ratio / Days to Cover

    Richardson Electronics has a short interest ratio ("days to cover") of 7.2.
  • Change versus previous month

    Short interest in Richardson Electronics has recently increased by 3.96%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Richardson Electronics pays a meaningful dividend of 1.73%, 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 Sustainability

    Based on earnings estimates, Richardson Electronics will have a dividend payout ratio of 28.57% next year. This indicates that Richardson Electronics will be able to sustain or increase its dividend.

  • Read more about Richardson Electronics' dividend.
  • Percentage of Shares Shorted

    2.80% of the outstanding shares of Richardson Electronics have been sold short.
  • Short Interest Ratio / Days to Cover

    Richardson Electronics has a short interest ratio ("days to cover") of 7.2.
  • Change versus previous month

    Short interest in Richardson Electronics has recently increased by 3.96%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Richardson Electronics has a news sentiment score of 1.39. 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 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Richardson Electronics this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Richardson Electronics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Richardson Electronics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $59,805.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    32.84% 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

    71.95% of the stock of Richardson Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Richardson Electronics' insider trading history.
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RELL Stock News Headlines

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RELL Stock Analysis - Frequently Asked Questions

Richardson Electronics' stock was trading at $13.35 at the beginning of the year. Since then, RELL shares have increased by 5.8% and is now trading at $14.13.
View the best growth stocks for 2024 here
.

Richardson Electronics, Ltd. (NASDAQ:RELL) released its earnings results on Wednesday, October, 9th. The technology company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. The technology company earned $53.73 million during the quarter, compared to analysts' expectations of $49.45 million. Richardson Electronics had a negative net margin of 0.40% and a negative trailing twelve-month return on equity of 0.24%.

Richardson Electronics' top institutional investors include Royce & Associates LP (7.85%), Geode Capital Management LLC (2.02%), State Street Corp (1.57%) and TCW Group Inc. (0.74%). Insiders that own company stock include Wendy Diddell, Robert J Ben, Kathleen Mcnally, Jens Frank Ruppert, Robert H Kluge, James Benham, Paul J Plante, Kenneth Halverson, Gregory J Peloquin and Jacques Belin.
View institutional ownership trends
.

Shares of RELL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Richardson Electronics investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

Ex-Dividend for 8/28 Dividend
8/09/2024
Dividend Payable
8/28/2024
Last Earnings
10/09/2024
Ex-Dividend for 11/27 Dividend
11/08/2024
Today
11/20/2024
Dividend Payable
11/27/2024
Next Earnings (Estimated)
1/08/2025
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:RELL
CUSIP
76316510
Employees
407
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-8.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$60,000.00
Pretax Margin
-0.41%

Debt

Sales & Book Value

Annual Sales
$196.46 million
Cash Flow
$0.34 per share
Book Value
$11.04 per share

Miscellaneous

Free Float
9,658,000
Market Cap
$203.19 million
Optionable
Optionable
Beta
0.95

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This page (NASDAQ:RELL) was last updated on 11/21/2024 by MarketBeat.com Staff
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