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

Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) has received a consensus rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $25.4286.

Several research firms have issued reports on REYN. UBS Group boosted their price objective on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Zacks Research lowered shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 11th. Royal Bank Of Canada reduced their price target on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Canaccord Genuity Group lowered their price objective on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a research report on Monday, January 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th.

Read Our Latest Research Report on REYN

Hedge Funds Weigh In On Reynolds Consumer Products

Several institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of 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 in the last quarter. Kera Capital Partners Inc. acquired a new position in Reynolds Consumer Products in the 4th quarter valued at approximately $579,000. Dean Capital Management increased its stake in Reynolds Consumer Products by 48.2% in the 4th quarter. Dean Capital Management now owns 155,712 shares of the company’s stock valued at $3,569,000 after buying an additional 50,673 shares during the period. Invesco Ltd. lifted its position in Reynolds Consumer Products by 106.6% in the 4th quarter. Invesco Ltd. now owns 525,020 shares of the company’s stock worth $12,033,000 after buying an additional 270,849 shares in the last quarter. Finally, Corient Private Wealth LLC acquired a new stake in shares of Reynolds Consumer Products during the 4th quarter valued at $1,303,000. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

NASDAQ REYN opened at $23.36 on Thursday. Reynolds Consumer Products has a 1 year low of $20.91 and a 1 year high of $26.25. The business’s fifty day moving average is $23.59 and its two-hundred day moving average is $23.76. The stock has a market capitalization of $4.91 billion, a P/E ratio of 16.22 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.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last announced its 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). Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the firm earned $0.58 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. 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 will post 1.66 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s payout ratio is presently 63.89%.

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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