Added to YB: 2024-09-24
Pitch date: 2024-08-07
RELL [bullish]
Richardson Electronics, Ltd.
+22%
current return
Author Info
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Company Info
Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide.
Market Cap
$194.6M
Pitch Price
$11.04
Price Target
26.24 (+95%)
Dividend
1.77%
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
Richardson Electronics, Ltd. - $RELL
RELL: Semicap WFE biz tripling in FY25, healthcare div divestiture, GES growing 30%+ CAGR. Trading at 2.7x FY26 EBITDA (adj. for WC). Catalysts: WFE spend bottoming, GES growth resuming, healthcare div sale. Risks: management. PT $26.24, potential double in 1yr.
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