Reynolds Consumer Products Inc. (NASDAQ:REYN) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) have been given a consensus rating of “Hold” by the eight research firms that are presently covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $25.60.

REYN has been the subject of a number of research analyst reports. Weiss Ratings upgraded shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Piper Sandler upgraded shares of Reynolds Consumer Products to an “overweight” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. raised their target price on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Barclays lifted their price target on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Finally, UBS Group boosted their price target on Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, July 16th.

Get Our Latest Research Report on Reynolds Consumer Products

Hedge Funds Weigh In On Reynolds Consumer Products

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC lifted its stake in Reynolds Consumer Products by 70.4% in the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after acquiring an additional 522 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Reynolds Consumer Products in the 2nd quarter valued at about $31,000. Farther Finance Advisors LLC raised its holdings in shares of Reynolds Consumer Products by 127.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock valued at $32,000 after purchasing an additional 780 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Reynolds Consumer Products in the 2nd quarter worth approximately $34,000. Finally, SJS Investment Consulting Inc. lifted its position in shares of Reynolds Consumer Products by 4,657.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company’s stock worth $38,000 after purchasing an additional 1,770 shares during the period. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Performance

REYN stock opened at $23.15 on Thursday. Reynolds Consumer Products has a twelve month low of $20.44 and a twelve month high of $27.32. The firm has a market cap of $4.88 billion, a price-to-earnings ratio of 14.12 and a beta of 0.55. The business’s fifty day simple moving average is $25.87 and its two-hundred day simple moving average is $23.48. The company has a quick ratio of 0.71, a current ratio of 1.80 and a debt-to-equity ratio of 0.66.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $944.00 million during the quarter, compared to analyst estimates of $935.46 million. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.03%. The business’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 earnings per share. Reynolds Consumer Products has set its Q3 2026 guidance at 0.370-0.390 EPS and its FY 2026 guidance at 1.570-1.630 EPS. Analysts predict that Reynolds Consumer Products will post 1.59 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 4.0%. Reynolds Consumer Products’s payout ratio is 56.10%.

Reynolds Consumer Products Company Profile

(Get Free Report)

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.

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Analyst Recommendations for Reynolds Consumer Products (NASDAQ:REYN)

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