Northland Capmk Downgrades Richardson Electronics (NASDAQ:RELL) to Hold

Richardson Electronics (NASDAQ:RELL) was downgraded by stock analysts at Northland Capmk from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports. Northland Capmk also issued estimates for Richardson Electronics’ Q3 2025 earnings at $0.11 EPS, FY2025 earnings at $0.27 EPS and FY2026 earnings at $0.73 EPS.

Separately, Northland Securities reaffirmed a “market perform” rating on shares of Richardson Electronics in a report on Monday.

Richardson Electronics Price Performance

Shares of Richardson Electronics stock opened at $12.33 on Monday. The firm’s fifty day simple moving average is $14.10 and its 200-day simple moving average is $12.85. The stock has a market capitalization of $177.32 million, a price-to-earnings ratio of -246.60, a PEG 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.

Richardson Electronics (NASDAQ:RELL) last announced its earnings results on Tuesday, January 7th. The technology company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates 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%. Analysts anticipate that Richardson Electronics will post 0.33 earnings per share for the current year.

Hedge Funds Weigh In On Richardson Electronics

Institutional investors have recently bought and sold shares of the company. Insight Wealth Strategies LLC acquired a new position in Richardson Electronics in the 4th quarter valued at $140,000. XTX Topco Ltd purchased a new stake in shares of Richardson Electronics during the 3rd quarter worth $134,000. Victory Capital Management Inc. boosted its position in shares of Richardson Electronics by 32.1% during the 2nd quarter. Victory Capital Management Inc. now owns 11,636 shares of the technology company’s stock worth $138,000 after purchasing an additional 2,830 shares in the last quarter. Jane Street Group LLC boosted its position in shares of 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 purchasing an additional 1,182 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Richardson Electronics by 19.5% during the 2nd quarter. Rhumbline Advisers now owns 17,206 shares of the technology company’s stock worth $205,000 after purchasing an additional 2,803 shares in the last quarter. 71.95% of the stock is owned by institutional investors and hedge funds.

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.