Richardson Electronics Ltd (NASDAQ: RELL) has reported E.P.S. of $0.05 for its third fiscal quarter (ending February 28) versus $0.45 for the same period a year ago — a decline of -89%. However, this result exceeded the consensus estimate of $0.02 by $0.03. For the latest four quarters through February 28, E.P.S. were $0.30 compared to $1.92 a year ago — a decline of -84%.
Recent Price Action
Richardson Electronics Ltd (NASDAQ: RELL) stock closed at $9.35 on 4/10/24 after a slight gain of 0.05%. Moreover, trading volume in this advance was unusually high at 151% of normal. The stock has risen 2.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
RELL is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Richardson Electronics has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock's attractiveness. Richardson Electronics has a neutral Appreciation Score of 47 but a very low Power Rating of 5, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.