Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN – Get Free Report) have been assigned an average rating of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation. The average 1 year price objective among brokers that have covered the stock in the last year is $23.60.
Several equities analysts have recently issued reports on REYN shares. UBS Group decreased their target price on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Royal Bank Of Canada set a $24.00 target price on Reynolds Consumer Products and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Monday, April 27th. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Barclays decreased their target price on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th.
Check Out Our Latest Stock Report on REYN
Insider Activity
Hedge Funds Weigh In On Reynolds Consumer Products
Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC grew its position in shares of Reynolds Consumer Products by 70.4% during the 4th quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after buying an additional 522 shares during the period. Rothschild Investment LLC grew its position in shares of Reynolds Consumer Products by 2,734.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock valued at $32,000 after purchasing an additional 1,258 shares during the period. Farther Finance Advisors LLC grew its position 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 during the period. Rockefeller Capital Management L.P. grew its position in shares of Reynolds Consumer Products by 119.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company’s stock valued at $41,000 after purchasing an additional 978 shares during the period. Finally, SJS Investment Consulting Inc. grew 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 valued at $38,000 after purchasing an additional 1,770 shares during the period. 26.81% of the stock is currently owned by institutional investors and hedge funds.
Reynolds Consumer Products Price Performance
Shares of REYN stock opened at $21.79 on Tuesday. The stock has a 50-day moving average price of $21.37 and a 200 day moving average price of $22.95. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 13.88 and a beta of 0.57. Reynolds Consumer Products has a 12 month low of $20.44 and a 12 month high of $26.25.
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. The firm had revenue of $877.00 million during the quarter, compared to analyst estimates of $822.42 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The company’s revenue was up 7.2% on a year-over-year basis. During the same period last year, the company earned $0.23 earnings per share. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q2 2026 guidance at 0.390-0.43 EPS. Research analysts expect that Reynolds Consumer Products will post 1.59 EPS for the current year.
Reynolds Consumer Products Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, May 15th. Reynolds Consumer Products’s payout ratio is presently 58.60%.
Reynolds Consumer Products Company Profile
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.
Recommended Stories
- Five stocks we like better than Reynolds Consumer Products
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Receive News & Ratings for Reynolds Consumer Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reynolds Consumer Products and related companies with MarketBeat.com's FREE daily email newsletter.
