Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives Average Recommendation of “Hold” from Brokerages

Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) has earned a consensus rating of “Hold” from the seven research firms that are covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation. The average 12-month price target among analysts that have issued a report on the stock in the last year is $23.60.

Several brokerages recently issued reports on REYN. Weiss Ratings upgraded shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Barclays lowered their price target on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. UBS Group dropped their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. JPMorgan Chase & Co. cut their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Finally, Royal Bank Of Canada set a $24.00 price objective on Reynolds Consumer Products and gave the company a “sector perform” rating in a research report on Thursday, April 9th.

Check Out Our Latest Analysis on REYN

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Larson Financial Group LLC lifted its holdings in shares of Reynolds Consumer Products by 70.4% in the 4th 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 last quarter. Farther Finance Advisors LLC boosted its stake 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. SJS Investment Consulting Inc. raised its position in 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. Rockefeller Capital Management L.P. raised its position in 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 worth $41,000 after purchasing an additional 978 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Reynolds Consumer Products by 199,400.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,995 shares of the company’s stock worth $46,000 after purchasing an additional 1,994 shares during the last quarter. 26.81% of the stock is currently owned by institutional investors.

Reynolds Consumer Products Price Performance

REYN stock opened at $26.27 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.76. Reynolds Consumer Products has a one year low of $20.44 and a one year high of $27.32. The stock has a market cap of $5.54 billion, a PE ratio of 16.73 and a beta of 0.54. The firm has a 50 day simple moving average of $23.38 and a two-hundred day simple moving average of $22.89.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $822.42 million. Reynolds Consumer Products had a net margin of 8.70% and a return on equity of 16.05%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.23 EPS. 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. On average, analysts predict that Reynolds Consumer Products will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.92 annualized dividend and a yield of 3.5%. Reynolds Consumer Products’s dividend payout ratio is currently 58.60%.

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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