Sidoti Csr Expects Lower Earnings for Richardson Electronics

Richardson Electronics, Ltd. (NASDAQ:RELL) – Investment analysts at Sidoti Csr cut their Q3 2025 earnings per share estimates for shares of Richardson Electronics in a research note issued on Thursday, January 9th. Sidoti Csr analyst A. Soderstrom now expects that the technology company will post earnings of $0.10 per share 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) last posted its quarterly earnings data on Tuesday, January 7th. The technology company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.03). Richardson Electronics had a negative net margin of 0.40% and a negative return on equity of 0.24%.

Richardson Electronics Price Performance

Shares of RELL opened at $13.02 on Friday. The business’s 50 day simple moving average is $14.13 and its 200-day simple moving average is $12.83. Richardson Electronics has a one year low of $8.08 and a one year high of $15.51. The company has a market capitalization of $187.24 million, a P/E ratio of -260.40, a PEG ratio of 1.74 and a beta of 0.95.

Hedge Funds Weigh In On Richardson Electronics

Hedge funds and other institutional investors have recently made changes to their positions in the company. XTX Topco Ltd acquired a new position in Richardson Electronics in the 3rd quarter valued at $134,000. Victory Capital Management Inc. raised its position in Richardson Electronics by 32.1% in the second quarter. Victory Capital Management Inc. now owns 11,636 shares of the technology company’s stock valued at $138,000 after purchasing an additional 2,830 shares during the last quarter. Insight Wealth Strategies LLC acquired a new position in shares of Richardson Electronics during the fourth quarter worth $140,000. Jane Street Group LLC lifted its holdings in Richardson Electronics by 8.2% during the 3rd quarter. Jane Street Group LLC now owns 15,545 shares of the technology company’s stock worth $192,000 after buying an additional 1,182 shares during the period. Finally, Perritt Capital Management Inc boosted its holdings in Richardson Electronics by 240.0% in the second quarter. Perritt Capital Management Inc now owns 17,000 shares of the technology company’s stock valued at $202,000 after acquiring an additional 12,000 shares during the last quarter. 71.95% of the stock is owned by institutional investors.

Insider Buying and Selling at Richardson Electronics

In other news, Director James Benham bought 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average price of $13.29 per share, with a total value of $59,805.00. Following the transaction, the director now owns 13,706 shares in the company, valued at $182,152.74. This represents a 48.88 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 32.84% of the company’s stock.

Richardson Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Friday, February 7th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Friday, February 7th. Richardson Electronics’s 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.