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RELL
Stock ticker:
NASDAQ
AS OF
Jun 28 closing price
Price
$15.59
Change
-$0.61 (-3.77%)
Capitalization
221.32M

RELL Price Prediction, Richardson Electronics Ltd AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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12:00 AM EDT Jun 27, 2022

Momentum Indicator for RELL turns positive, indicating new upward trend

RELL saw its Momentum Indicator move above the 0 level on June 24, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 99 similar instances where the indicator turned positive. In 73 of the 99 cases, the stock moved higher in the following days. The odds of a move higher are at 74%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for RELL just turned positive on June 24, 2022. Looking at past instances where RELL's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RELL advanced for three days, in of 250 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 214 cases where RELL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RELL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

RELL broke above its upper Bollinger Band on June 27, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.708) is normal, around the industry mean (6.852). P/E Ratio (18.832) is within average values for comparable stocks, (31.951). RELL's Projected Growth (PEG Ratio) (0.201) is slightly lower than the industry average of (1.178). Dividend Yield (0.015) settles around the average of (0.022) among similar stocks. P/S Ratio (1.042) is also within normal values, averaging (10.423).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RELL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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published price charts
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published Earnings

RELL is expected to report earnings to rise 250.00% to 20 cents per share on July 20

Richardson Electronics Ltd RELL Stock Earnings Reports
Q2'22
Est.
$0.21
Q4'20
Beat
by $0.04
Q3'20
Missed
by $0.11
Q2'20
Missed
by $0.17
Q1'20
Missed
by $0.04
The last earnings report on January 06 showed earnings per share of 5 cents, beating the estimate of 1 cents. With 114.61K shares outstanding, the current market capitalization sits at 221.32M.
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published Dividends

RELL paid dividends on May 25, 2022

Richardson Electronics Ltd RELL Stock Dividends
А dividend of $0.06 per share was paid with a record date of May 25, 2022, and an ex-dividend date of May 05, 2022. Read more...
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published Highlights

Notable companies

The most notable companies in this group are Corning (NYSE:GLW).

Industry description

The Electronic Components industry produces electronic equipment for industries and consumer electronics products, such as mobile devices, televisions, and circuit boards. TE Connectivity Ltd, for example, is a company that designs and manufactures connectivity and sensor products for harsh environments in various industries, such as automotive, industrial equipment, aerospace, and oil & gas. Another major player, Corning Inc., makes advanced optics including end-to-end fiber and wireless solutions for communications networks along with various other technologies catering to industrial and scientific applications.

Market Cap

The average market capitalization across the Electronic Components Industry is 4.96B. The market cap for tickers in the group ranges from 3.89K to 191.98B. MAWAF holds the highest valuation in this group at 191.98B. The lowest valued company is ALPE at 3.89K.

High and low price notable news

The average weekly price growth across all stocks in the Electronic Components Industry was 0%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -19%. VARXF experienced the highest price growth at 40%, while MMAT experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Electronic Components Industry was -26%. For the same stocks of the Industry, the average monthly volume growth was 54% and the average quarterly volume growth was 49%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 42
P/E Growth Rating: 63
Price Growth Rating: 56
SMR Rating: 33
Profit Risk Rating: 76
Seasonality Score: 8 (-100 ... +100)
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published General Information

General Information

a provider of engineered solutions and distributes electronic products

Industry ElectronicComponents

Profile
Fundamentals
Details
Industry
Electronic Components
Address
40W267 Keslinger Road
Phone
+1 630 208-2200
Employees
405
Web
https://www.rell.com

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RELL and

Correlation & Price change

A.I.dvisor indicates that over the last year, RELL has been loosely correlated with LPTH. These tickers have moved in lockstep 36% of the time. This A.I.-generated data suggests there is some statistical probability that if RELL jumps, then LPTH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RELL
1D Price
Change %
RELL100%
+4.52%
LPTH - RELL
36%
Loosely correlated
-1.55%
FLEX - RELL
35%
Loosely correlated
+1.30%
JBL - RELL
35%
Loosely correlated
+0.86%
TEL - RELL
35%
Loosely correlated
-0.71%
LFUS - RELL
34%
Loosely correlated
+0.08%
More