Board Change • Jul 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Lead Independent Director Jonathan Brolin was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 18
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: US$0.092 loss per share (down from US$2.46 profit in FY 2025). Revenue: US$63.2m (down 9.4% from FY 2025). Net loss: US$903.0k (down 104% from profit in FY 2025). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$54.50, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 24x in the Electronic industry in the US. Total returns to shareholders of 743% over the past three years. Aankondiging • Jul 09
Frequency Electronics, Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026 Frequency Electronics, Inc. announced that they will report fiscal year 2026 results at 4:00 PM, US Eastern Standard Time on Jul 15, 2026 Price Target Changed • May 20
Price target increased by 10% to US$65.00 Up from US$59.00, the current price target is an average from 2 analysts. New target price is 9.1% above last closing price of US$59.56. Stock is up 215% over the past year. The company is forecast to post earnings per share of US$0.65 for next year compared to US$2.46 last year. Aankondiging • Sep 12
Frequency Electronics, Inc. (NasdaqGM:FEIM) announces an Equity Buyback for $20 million worth of its shares. Frequency Electronics, Inc. announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its shares. Aankondiging • Aug 29
Frequency Electronics, Inc., Annual General Meeting, Oct 08, 2025 Frequency Electronics, Inc., Annual General Meeting, Oct 08, 2025. Location: 55 charles lindbergh boulevard, mitchel field, new york 11553, United States Aankondiging • Dec 06
Frequency Electronics, Inc. Announces Appointment of Dr. Thomas McClelland to the Board of Directors Frequency Electronics, Inc. announced the appointment of its Chief Executive Officer, Dr. Thomas McClelland, to the Company's Board of Directors, effective immediately. Tom, a 40-year veteran of FEI, served as the Company's Interim President and CEO from July 8, 2022 through January 17, 2023, and has served as permanent President and CEO since then. Prior to that, Tom served as FEIs Chief Scientist and has led the Company's research and scientific efforts for over 20 years. He is one of the foremost experts in precision timing and space-related applications. He has the highest level of security clearance with the U.S. government and holds a PhD in physics from Columbia University. Aankondiging • Aug 29
Frequency Electronics, Inc., Annual General Meeting, Oct 08, 2024 Frequency Electronics, Inc., Annual General Meeting, Oct 08, 2024. Location: 55 charles lindbergh boulevard, mitchel field, new york 11553, new york United States Aankondiging • Jul 30
Frequency Electronics, Inc. announced delayed annual 10-K filing On 07/29/2024, Frequency Electronics, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Aankondiging • Jul 23
Frequency Electronics, Inc. Declares Special Cash Dividend, Payable on August 29, 2024 The Board of Directors of Frequency Electronics, Inc. declared a special cash dividend of $1.00 per share of common stock. The special dividend is payable on August 29, 2024, to stockholders of record as of the close of business on August 8, 2024. Based on the current number of shares outstanding, the total amount of the special dividend payment will be approximately $9.4 million. Reported Earnings • Mar 15
Third quarter 2024 earnings released: EPS: US$0.014 (vs US$0.034 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.014 (up from US$0.034 loss in 3Q 2023). Revenue: US$13.7m (up 29% from 3Q 2023). Net income: US$130.0k (up US$446.0k from 3Q 2023). Profit margin: 0.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 13
Second quarter 2024 earnings released: EPS: US$0.085 (vs US$0.25 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.085 (up from US$0.25 loss in 2Q 2023). Revenue: US$13.6m (up 52% from 2Q 2023). Net income: US$797.0k (up US$3.11m from 2Q 2023). Profit margin: 5.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 16
First quarter 2024 earnings released: EPS: US$0.22 (vs US$0.34 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.22 (up from US$0.34 loss in 1Q 2023). Revenue: US$12.4m (up 51% from 1Q 2023). Net income: US$2.04m (up US$5.16m from 1Q 2023). Profit margin: 17% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 29
Frequency Electronics, Inc., Annual General Meeting, Oct 05, 2023 Frequency Electronics, Inc., Annual General Meeting, Oct 05, 2023, at 10:00 US Eastern Standard Time. Location: the offices of the Company, 55 Charles Lindbergh Boulevard, Mitchel Field, New York 11553 New York New York United States Agenda: To consider election of Four directors to serve until the next Annual Meeting of Stockholders and until their respective; to Ratification of the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending April 30, 2024; to Approval of the non-binding advisory vote on the compensation of the Company's Named Executive Officers; and to consider other matters if any. Reported Earnings • Jul 14
Full year 2023 earnings released: US$0.59 loss per share (vs US$0.94 loss in FY 2022) Full year 2023 results: US$0.59 loss per share (improved from US$0.94 loss in FY 2022). Revenue: US$40.8m (down 16% from FY 2022). Net loss: US$5.50m (loss narrowed 37% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 19
Third quarter 2023 earnings released: US$0.034 loss per share (vs US$0.079 loss in 3Q 2022) Third quarter 2023 results: US$0.034 loss per share (improved from US$0.079 loss in 3Q 2022). Revenue: US$10.6m (down 13% from 3Q 2022). Net loss: US$316.0k (loss narrowed 57% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Board Change • Mar 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Lead Independent Director Jonathan Brolin was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Lead Independent Director Jonathan Brolin was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 14
Full year 2022 earnings released: US$0.94 loss per share (vs US$0.074 profit in FY 2021) Full year 2022 results: US$0.94 loss per share (down from US$0.074 profit in FY 2021). Revenue: US$48.3m (down 11% from FY 2021). Net loss: US$8.66m (down US$9.34m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Jonathan Brolin was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 11
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: US$0.079 loss per share (up from US$0.087 loss in 3Q 2021). Revenue: US$12.2m (up 4.9% from 3Q 2021). Net loss: US$735.0k (loss narrowed 8.1% from 3Q 2021). Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 11
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: US$0.054 (up from US$0.036 in 2Q 2021). Revenue: US$12.9m (down 7.5% from 2Q 2021). Net income: US$497.0k (up 51% from 2Q 2021). Profit margin: 3.8% (up from 2.4% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 38%. Earnings per share (EPS) missed analyst estimates by 38%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Dec 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Jonathan Brolin was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 15
First quarter 2022 earnings released: US$0.17 loss per share (vs US$0.029 loss in 1Q 2021) The company reported a poor first quarter result with increased losses and weaker control over costs, although revenues were flat. First quarter 2022 results: Revenue: US$13.0m (flat on 1Q 2021). Net loss: US$1.58m (loss widened US$1.31m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS US$0.074 (vs US$1.11 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$54.3m (up 31% from FY 2020). Net income: US$680.0k (up US$10.7m from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 13
Third quarter 2021 earnings released: US$0.087 loss per share (vs US$0.17 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$11.7m (up 21% from 3Q 2020). Net loss: US$800.0k (loss narrowed 48% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 11
New 90-day high: US$12.24 The company is up 21% from its price of US$10.10 on 10 December 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 10.0% over the same period. Is New 90 Day High Low • Feb 10
New 90-day high: US$11.34 The company is up 13% from its price of US$10.05 on 11 November 2020. The American market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period. Aankondiging • Feb 05
Frequency Electronics, Inc. Announces Award of a Contract for Precision Oscillators Frequency Electronics, Inc. announced its selection for a $3.9 Million contract, including options, to provide precision oscillators as highly-stability frequency references for ultimate use on secure communications satellites for the US Government. The contract period of performance is approximately 2.5 years, including the options. Recent Insider Transactions • Jan 16
President of FEI-Zyfer recently sold US$71k worth of stock On the 13th of January, Steven Strang sold around 7k shares on-market at roughly US$10.77 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$101k more than they bought in the last 12 months. Is New 90 Day High Low • Jan 15
New 90-day high: US$11.20 The company is up 12% from its price of US$10.00 on 16 October 2020. The American market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 31
New 90-day high: US$10.94 The company is up 9.0% from its price of US$10.07 on 01 October 2020. The American market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: US$10.80 The company is up 6.0% from its price of US$10.19 on 11 September 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 26% over the same period. Reported Earnings • Dec 12
Second quarter 2021 earnings released: EPS US$0.036 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$14.0m (up 54% from 2Q 2020). Net income: US$329.0k (up US$5.24m from 2Q 2020). Profit margin: 2.4% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 04
Frequency Electronics, Inc. Wins Award of Contract for Precision Voltage Controlled Quartz Crystal Oscillators Frequency Electronics, Inc. announced the award of a contract for precision Voltage Controlled Quartz Crystal Oscillators (VCXO) with a contract value of approximately $5.2 million. This is a follow-on to a contract previously awarded and announced in September 2019. The oscillators will provide critical timing information for US Government satellites. Is New 90 Day High Low • Oct 28
New 90-day low: US$9.71 The company is down 6.0% from its price of US$10.34 on 30 July 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Aankondiging • Oct 06
Frequency Electronics, Inc. Wins $5.9 Million Lockheed Martin Contract to Qualify Atomic Clocks for Potential Use on Next Gen GPS IIIF Satellites Frequency Electronics, Inc. received a contract from Lockheed Martin Space, valued at $5.9 million, for the qualification of FEI's Digital Rubidium Atomic Frequency Standard . The contract's intent is to qualify FEI's DRAFS for potential use on the new GPS IIIF satellites, securing the industrial base for high-accuracy Global Positioning System atomic clocks. To help the Air Force modernize its GPS satellite constellation with new technology and capabilities, Lockheed Martin Space designed and built the most powerful GPS satellite, GPS III. With 10 satellites under contract, in 2018, the Air Force selected Lockheed Martin to build up to 22 additional GPS IIIF satellites, adding new features and resiliency to the flexible satellite design. The Air Force began launching GPS III satellites in December 2018.