Reynolds Consumer Products (NASDAQ:REYN) Reaches New 1-Year Low – Here’s Why

Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as $20.91 and last traded at $20.9210, with a volume of 50484 shares traded. The stock had previously closed at $21.25.

Analyst Upgrades and Downgrades

REYN has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Royal Bank Of Canada dropped their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Zacks Research cut Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 11th. Canaccord Genuity Group decreased their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a report on Monday, January 26th. Finally, UBS Group upped their price objective on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $25.43.

Get Our Latest Analysis on REYN

Reynolds Consumer Products Trading Down 1.7%

The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 14.50 and a beta of 0.57. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. The company has a 50 day moving average price of $23.37 and a two-hundred day moving average price of $23.68.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. Reynolds Consumer Products’s revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 EPS. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. On average, research analysts forecast that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.4%. Reynolds Consumer Products’s payout ratio is currently 63.89%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Reynolds Consumer Products by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock worth $151,658,000 after buying an additional 284,643 shares during the last quarter. AQR Capital Management LLC increased its stake in Reynolds Consumer Products by 163.3% during the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock worth $121,156,000 after buying an additional 3,071,015 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Reynolds Consumer Products by 17.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock valued at $101,426,000 after acquiring an additional 649,120 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Reynolds Consumer Products by 13.9% in the second quarter. First Trust Advisors LP now owns 2,521,685 shares of the company’s stock valued at $54,015,000 after acquiring an additional 306,936 shares in the last quarter. Finally, Gotham Asset Management LLC lifted its position in shares of Reynolds Consumer Products by 182.2% in the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after acquiring an additional 1,006,051 shares in the last quarter. 26.81% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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