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

Richardson Electronics, Ltd. (NASDAQ:RELL) – Investment analysts at Sidoti Csr issued their Q1 2027 earnings per share estimates for Richardson Electronics in a report released on Friday, April 11th. Sidoti Csr analyst A. Soderstrom expects that the technology company will earn $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 posted its quarterly earnings data on Wednesday, April 9th. The technology company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. Richardson Electronics had a net margin of 0.13% and a return on equity of 0.42%. The company had revenue of $53.80 million for the quarter, compared to analyst estimates of $56.90 million. During the same period in the prior year, the firm posted $0.05 EPS.

Several other equities research analysts also recently weighed in on RELL. Northland Securities reaffirmed a “market perform” rating on shares of Richardson Electronics in a research note on Monday, January 13th. Northland Capmk lowered Richardson Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, StockNews.com upgraded Richardson Electronics from a “hold” rating to a “buy” rating in a report on Friday.

Richardson Electronics Stock Performance

Richardson Electronics stock opened at $8.30 on Monday. The stock has a market capitalization of $119.59 million, a price-to-earnings ratio of 276.76, a PEG ratio of 1.98 and a beta of 0.89. Richardson Electronics has a 52-week low of $7.57 and a 52-week high of $15.51. The stock’s 50 day moving average price is $11.94 and its two-hundred day moving average price is $13.09.

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 given a $0.06 dividend. The ex-dividend date is Friday, May 9th. This represents a $0.24 annualized dividend and a yield of 2.89%. Richardson Electronics’s payout ratio is -141.18%.

Insiders Place Their Bets

In other Richardson Electronics news, CFO Robert J. Ben sold 2,500 shares of the company’s 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 of the company’s stock, valued at approximately $724,211.52. This represents a 4.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 32.84% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RELL. Royce & Associates LP raised its stake in shares of Richardson Electronics by 10.6% during the 4th quarter. Royce & Associates LP now owns 1,248,276 shares of the technology company’s stock worth $17,513,000 after purchasing an additional 119,685 shares during the period. First Wilshire Securities Management Inc. increased its stake 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 worth $7,316,000 after purchasing an additional 140,653 shares during the last quarter. Azarias Capital Management L.P. raised its holdings 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 period. Geode Capital Management LLC lifted its stake 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 grew its holdings in Richardson Electronics by 0.4% during the third quarter. State Street Corp now owns 225,563 shares of the technology company’s stock valued at $2,783,000 after purchasing an additional 914 shares during the period. Hedge funds and other institutional investors own 71.95% of the company’s stock.

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.