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

Richardson Electronics (NASDAQ:RELL) was downgraded by equities researchers at Northland Capmk from a “strong-buy” rating to a “hold” rating in a report issued 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 reiterated a “market perform” rating on shares of Richardson Electronics in a research report on Monday.

Richardson Electronics Stock Performance

Shares of NASDAQ RELL opened at $12.33 on Monday. Richardson Electronics has a one year low of $8.08 and a one year high of $15.51. The company’s fifty day moving average is $14.10 and its two-hundred day moving average is $12.85. The firm has a market capitalization of $177.32 million, a P/E ratio of -246.60, a PEG ratio of 1.74 and a beta of 0.95.

Richardson Electronics (NASDAQ:RELL) last released its quarterly earnings data on Tuesday, January 7th. The technology company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.03). Richardson Electronics had a negative return on equity of 0.24% and a negative net margin of 0.40%. On average, sell-side analysts forecast that Richardson Electronics will post 0.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RELL. XTX Topco Ltd purchased a new position in Richardson Electronics in the 3rd quarter valued at about $134,000. Victory Capital Management Inc. lifted its holdings in Richardson Electronics by 32.1% in the 2nd 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 in the last quarter. Insight Wealth Strategies LLC purchased a new position in Richardson Electronics in the 4th quarter valued at about $140,000. Jane Street Group LLC lifted its holdings in Richardson Electronics by 8.2% in the 3rd quarter. Jane Street Group LLC now owns 15,545 shares of the technology company’s stock valued at $192,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Rhumbline Advisers increased its stake 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 valued at $205,000 after acquiring an additional 2,803 shares during the last quarter. 71.95% of the stock is currently owned by hedge funds and other institutional investors.

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.