Northland Securities Forecasts RELL FY2027 Earnings

Richardson Electronics, Ltd. (NASDAQ:RELL) – Investment analysts at Northland Securities boosted their FY2027 EPS estimates for shares of Richardson Electronics in a research note issued to investors on Tuesday, October 13th. Northland Securities analyst B. Brooks now expects that the technology company will earn $0.88 per share for the year, up from their previous estimate of $0.62. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.65 per share. Northland Securities also issued estimates for Richardson Electronics’ Q1 2028 earnings at $0.27 EPS.

Richardson Electronics (NASDAQ:RELL) last released its earnings results on Wednesday, October 7th. The technology company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.18. Richardson Electronics had a net margin of 3.57% and a return on equity of 4.82%. The company had revenue of $64.92 million for the quarter, compared to analysts’ expectations of $58.98 million.

Other analysts have also recently issued reports about the stock. Weiss Ratings raised shares of Richardson Electronics from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Zacks Research downgraded shares of Richardson Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Wall Street Zen upgraded shares of Richardson Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $26.00.

Richardson Electronics Price Performance

Shares of NASDAQ:RELL opened at $20.20 on Thursday. Richardson Electronics has a 1-year low of $9.37 and a 1-year high of $23.15. The company has a market capitalization of $296.74 million, a P/E ratio of 39.41, a P/E/G ratio of 1.31 and a beta of 1.32. The firm’s 50 day simple moving average is $18.24 and its two-hundred day simple moving average is $16.89.

Richardson Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. Richardson Electronics’s payout ratio is currently 41.38%.

Insider Buying and Selling

In related news, CFO Robert Ben sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $21.61, for a total value of $194,490.00. Following the transaction, the chief financial officer directly owned 60,534 shares of the company’s stock, valued at approximately $1,308,139.74. The trade was a 12.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Wendy Diddell sold 23,901 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $20.00, for a total value of $478,020.00. Following the completion of the transaction, the chief operating officer owned 114,150 shares of the company’s stock, valued at $2,283,000. The trade was a 17.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 133,585 shares of company stock worth $2,565,216 in the last quarter. 31.65% of the stock is owned by insiders.

Institutional Trading of Richardson Electronics

Several hedge funds have recently bought and sold shares of RELL. BlackRock Inc. bought a new position in shares of Richardson Electronics during the 2nd quarter valued at about $18,874,000. AIGH Capital Management LLC purchased a new position in shares of Richardson Electronics during the second quarter valued at about $3,810,000. Bank of New York Mellon Corp purchased a new position in shares of Richardson Electronics during the second quarter valued at about $1,995,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Richardson Electronics in the first quarter worth about $1,095,000. Finally, First Wilshire Securities Management Inc. increased its holdings in shares of Richardson Electronics by 13.9% in the first quarter. First Wilshire Securities Management Inc. now owns 671,998 shares of the technology company’s stock worth $7,358,000 after purchasing an additional 82,054 shares during the last quarter. Hedge funds and other institutional investors own 71.95% of the company’s stock.

More Richardson Electronics News

Here are the key news stories impacting Richardson Electronics this week:

• Positive Sentiment: Northland Securities raised multiple earnings forecasts. Analyst B. Brooks increased estimates for Q2 2027 EPS to $0.16 from $0.11, Q3 2027 EPS to $0.16 from $0.15, Q4 2027 EPS to $0.29 from $0.27, and Q2 2028 EPS to $0.23 from $0.19.
• Positive Sentiment: Longer-term profit expectations improved substantially. Northland raised its FY2028 EPS forecast to $1.02 from $0.87, well above the company’s current-year consensus estimate of $0.65. The revisions suggest analysts expect stronger earnings growth in future periods.
• Positive Sentiment: Northland maintained a bullish stance and raised its price target. The firm kept a Buy rating and increased its target to $26 from $24, citing Richardson Electronics’ strong backlog, margin gains and battery energy-storage-system (BESS) pipeline. Analyst Maintains Buy on Richardson Electronics as Strong Backlog, Margin Gains and BESS Pipeline Drive Outlook
• Positive Sentiment: Sidoti also raised its estimates. The firm increased FY2027 EPS expectations to $0.68 from $0.39 and FY2028 EPS to $0.86 from $0.61, reinforcing the view that Richardson Electronics’ growth outlook is improving.
• Positive Sentiment: Momentum has attracted investor attention. A Zacks report noted that RELL had gained 9.48% over one week, highlighting its appeal to momentum investors. Richardson Electronics Is Up 9.48% in One Week

About Richardson Electronics

Richardson Electronics, Ltd. (NASDAQ: RELL) is a global provider of engineered solutions, replacement parts and specialized components for industrial, healthcare and energy markets. Founded in 1947 and headquartered in LaFox, Illinois, the company serves original equipment manufacturers, distributors and end users through a network that spans North America, Europe and Asia.

The company operates through three primary business areas. Its Power and Microwave Technologies segment supplies power semiconductors, electronic components, vacuum tubes, radio-frequency and microwave products, and related engineering services for applications including telecommunications, industrial equipment, broadcasting and defense.