Is Richardson Electronics Stock a Good Investment?
Richardson Electronics Investment Advice | RELL |
- Examine Richardson Electronics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Richardson Electronics' leadership team and their track record. Good management can help Richardson Electronics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Richardson Electronics' business and its evolving consumer preferences.
- Compare Richardson Electronics' performance and market position to its competitors. Analyze how Richardson Electronics is positioned in terms of product offerings, innovation, and market share.
- Check if Richardson Electronics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Richardson Electronics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Richardson Electronics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Richardson Electronics is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Richardson Electronics Stock
Researching Richardson Electronics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 68.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.88. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Richardson Electronics has Price/Earnings To Growth (PEG) ratio of 0.92. The entity last dividend was issued on the 9th of May 2024. The firm had 3:2 split on the 6th of May 1986.
To determine if Richardson Electronics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Richardson Electronics' research are outlined below:
| Richardson Electronics had very high historical volatility over the last 90 days | |
| Richardson Electronics currently holds about 35.63 M in cash with (8.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.56. | |
| Roughly 68.0% of the company shares are owned by institutional investors | |
| On 29th of May 2024 Richardson Electronics paid $ 0.06 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Are Investors Undervaluing Richardson Electronics Right Now - Yahoo New Zealand News |
Richardson Electronics Quarterly Accounts Payable |
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Richardson Electronics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Richardson Electronics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Richardson Electronics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 17th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 17th of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Richardson Electronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Richardson Electronics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-10-09 | 2019-08-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2014-01-08 | 2013-11-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2013-01-09 | 2012-11-30 | 0.05 | 0.04 | -0.01 | 20 | ||
2012-10-10 | 2012-08-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2012-04-11 | 2012-02-29 | 0.1 | 0.09 | -0.01 | 10 | ||
2011-01-05 | 2010-11-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2004-09-23 | 2004-08-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2018-10-10 | 2018-08-31 | 0.01 | 0.03 | 0.02 | 200 |
Know Richardson Electronics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Richardson Electronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Richardson Electronics backward and forwards among themselves. Richardson Electronics' institutional investor refers to the entity that pools money to purchase Richardson Electronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Aldebaran Capital Llc | 2023-12-31 | 159 K | Ballast Asset Management, Lp | 2023-12-31 | 155.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 134.4 K | Tcw Group Inc | 2023-12-31 | 128.5 K | Ancora Advisors Llc | 2023-12-31 | 119.8 K | Wellington Management Company Llp | 2023-12-31 | 108.6 K | Northern Trust Corp | 2023-12-31 | 97.9 K | Fmr Inc | 2023-12-31 | 94.9 K | Victory Capital Management Inc. | 2023-12-31 | 94.1 K | Royce & Associates, Lp | 2023-12-31 | 980.1 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 939.1 K |
Richardson Electronics' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 159.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Richardson Electronics's market, we take the total number of its shares issued and multiply it by Richardson Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Richardson Electronics' profitablity analysis
Richardson Electronics' profitability indicators refer to fundamental financial ratios that showcase Richardson Electronics' ability to generate income relative to its revenue or operating costs. If, let's say, Richardson Electronics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Richardson Electronics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Richardson Electronics' profitability requires more research than a typical breakdown of Richardson Electronics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0) | (0) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0) | (0) | |
| Return On Equity | (0) | (0) |
Determining Richardson Electronics' profitability involves analyzing its financial statements and using various financial metrics to determine if Richardson Electronics is a good buy. For example, gross profit margin measures Richardson Electronics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Richardson Electronics' profitability and make more informed investment decisions.
Richardson Electronics' Earnings Breakdown by Geography
The data published in Richardson Electronics' official financial statements usually reflect Richardson Electronics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Richardson Electronics. For example, before you start analyzing numbers published by Richardson accountants, it's critical to develop an understanding of what Richardson Electronics' liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Richardson Electronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Richardson Electronics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Richardson Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Richardson Electronics. Please utilize our Beneish M Score to check the likelihood of Richardson Electronics' management manipulating its earnings.
Evaluate Richardson Electronics' management efficiency
Return On Tangible Assets is expected to rise to -0.0024 this year. Return On Capital Employed is expected to rise to -0.02 this year. At this time, Richardson Electronics' Non Current Assets Total are quite stable compared to the past year. Other Assets is expected to rise to about 4.5 M this year, although the value of Non Currrent Assets Other will most likely fall to about 228.3 K. Richardson Electronics' management efficiency ratios could be used to measure how well Richardson Electronics manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 12.34 | 6.56 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 12.28 | 6.31 | |
| Enterprise Value Over EBITDA | (19.01) | (18.06) | |
| Price Book Value Ratio | 0.82 | 1.42 | |
| Enterprise Value Multiple | (19.01) | (18.06) | |
| Price Fair Value | 0.82 | 1.42 | |
| Enterprise Value | 307.9 M | 185.3 M |
The analysis of Richardson Electronics' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Richardson Electronics' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Richardson Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0214 | Forward Dividend Yield 0.0214 | Forward Dividend Rate 0.24 | Beta 0.983 |
Basic technical analysis of Richardson Stock
As of the 2nd of June, Richardson Electronics holds the Coefficient Of Variation of 686.02, risk adjusted performance of 0.099, and Semi Deviation of 2.13. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Richardson Electronics, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Richardson Electronics, which can be compared to its competitors. Please check Richardson Electronics variance, as well as the relationship between the value at risk and skewness to decide if Richardson Electronics is priced some-what accurately, providing market reflects its current price of 11.19 per share. Given that Richardson Electronics has jensen alpha of 0.3951, we recommend you to check out Richardson Electronics's recent market performance to make sure the company can sustain itself at a future point.Richardson Electronics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Richardson Electronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Richardson Electronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Richardson Electronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Richardson Electronics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Richardson Electronics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.099 | |||
| Market Risk Adjusted Performance | 0.4772 | |||
| Mean Deviation | 1.89 | |||
| Semi Deviation | 2.13 | |||
| Downside Deviation | 2.51 | |||
| Coefficient Of Variation | 686.02 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.0 | |||
| Information Ratio | 0.1307 | |||
| Jensen Alpha | 0.3951 | |||
| Total Risk Alpha | 0.258 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | 0.4672 | |||
| Maximum Drawdown | 24.03 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 4.24 | |||
| Downside Variance | 6.32 | |||
| Semi Variance | 4.54 | |||
| Expected Short fall | (2.09) | |||
| Skewness | 1.62 | |||
| Kurtosis | 9.26 |
| Risk Adjusted Performance | 0.099 | |||
| Market Risk Adjusted Performance | 0.4772 | |||
| Mean Deviation | 1.89 | |||
| Semi Deviation | 2.13 | |||
| Downside Deviation | 2.51 | |||
| Coefficient Of Variation | 686.02 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.0 | |||
| Information Ratio | 0.1307 | |||
| Jensen Alpha | 0.3951 | |||
| Total Risk Alpha | 0.258 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | 0.4672 | |||
| Maximum Drawdown | 24.03 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 4.24 | |||
| Downside Variance | 6.32 | |||
| Semi Variance | 4.54 | |||
| Expected Short fall | (2.09) | |||
| Skewness | 1.62 | |||
| Kurtosis | 9.26 |
Consider Richardson Electronics' intraday indicators
Richardson Electronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Richardson Electronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Richardson Electronics Corporate Filings
| 15th of May 2024 Other Reports | ViewVerify | |
F4 | 13th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 11th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 10th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Richardson Stock media impact
Far too much social signal, news, headlines, and media speculation about Richardson Electronics that are available to investors today. That information is available publicly through Richardson media outlets and privately through word of mouth or via Richardson internal channels. However, regardless of the origin, that massive amount of Richardson data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Richardson Electronics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Richardson Electronics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Richardson Electronics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Richardson Electronics alpha.
Richardson Electronics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Richardson Electronics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Richardson Electronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Richardson Electronics Corporate Executives
Elected by the shareholders, the Richardson Electronics' board of directors comprises two types of representatives: Richardson Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Richardson. The board's role is to monitor Richardson Electronics' management team and ensure that shareholders' interests are well served. Richardson Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Richardson Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Ben | CFO, Executive VP and Corporate Secretary | Profile | |
| Wendy Diddell | COO and Executive VP of Corporate Devel. | Profile |
How to buy Richardson Stock?
To provide specific investment advice or recommendations on Richardson Electronics stock, we recommend investors consider the following general factors when evaluating Richardson Electronics. This will help you to make an informed decision on whether to include Richardson Electronics in one of your diversified portfolios:- Examine Richardson Electronics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Richardson Electronics' leadership team and their track record. Good management can help Richardson Electronics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Richardson Electronics' business and its evolving consumer preferences.
- Compare Richardson Electronics' performance and market position to its competitors. Analyze how Richardson Electronics is positioned in terms of product offerings, innovation, and market share.
- Check if Richardson Electronics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Richardson Electronics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Richardson Electronics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Richardson Electronics is a good investment.
Already Invested in Richardson Electronics?
The danger of trading Richardson Electronics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Richardson Electronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Richardson Electronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Richardson Electronics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Richardson Electronics is a strong investment it is important to analyze Richardson Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Richardson Electronics' future performance. For an informed investment choice regarding Richardson Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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When running Richardson Electronics' price analysis, check to measure Richardson Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Richardson Electronics is operating at the current time. Most of Richardson Electronics' value examination focuses on studying past and present price action to predict the probability of Richardson Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richardson Electronics' price. Additionally, you may evaluate how the addition of Richardson Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Richardson Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Richardson Electronics. If investors know Richardson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Richardson Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 0.24 | Earnings Share 0.29 | Revenue Per Share 14.611 | Quarterly Revenue Growth (0.26) |
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Richardson Electronics' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.