Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on Reynolds Consumer Products, with seven hold ratings and one buy rating. The average 12-month price target is $25.60.
• The company exceeded quarterly expectations, reporting EPS of $0.42 versus the $0.40 consensus and revenue of $944 million versus $935.46 million expected.
• Reynolds pays a quarterly dividend of $0.23, equivalent to $0.92 annually and a 4.2% yield, with a payout ratio of 56.1%.

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) have received a consensus recommendation of "Hold" from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.60.

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

Reynolds Consumer Products Price Performance

Reynolds Consumer Products stock opened at $22.12 on Monday. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 13.49 and a beta of 0.54. Reynolds Consumer Products has a fifty-two week low of $20.44 and a fifty-two week high of $27.32. The stock's fifty day moving average is $24.65 and its two-hundred day moving average is $23.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.71 and a current ratio of 1.80.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.03%. The company had revenue of $944.00 million during the quarter, compared to analysts' expectations of $935.46 million. During the same quarter in the previous year, the business posted $0.39 earnings per share. The firm's quarterly revenue was up .6% compared to the same quarter last year. 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 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were given a $0.23 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. Reynolds Consumer Products's payout ratio is presently 56.10%.

Hedge Funds Weigh In On Reynolds Consumer Products

Several large investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Reynolds Consumer Products in the second quarter valued at approximately $31,000. Larson Financial Group LLC lifted its holdings 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 purchasing an additional 522 shares during the period. Global Retirement Partners LLC bought a new position in shares of Reynolds Consumer Products in the second quarter valued at approximately $34,000. Allworth Financial LP bought a new position in Reynolds Consumer Products during the 2nd quarter valued at $39,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Reynolds Consumer Products by 119.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company's stock worth $41,000 after acquiring an additional 978 shares during the period. 26.81% of the stock is currently owned by institutional investors.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products Inc NASDAQ: REYN develops, manufactures and markets household products used for food preparation, storage, serving and waste management. The company sells branded and private-label products primarily through grocery stores, mass merchants, warehouse clubs, online retailers and other distribution channels.

Its portfolio includes Reynolds Kitchens aluminum foil, parchment paper, oven bags, wax paper, plastic wrap and disposable bakeware; Hefty trash bags, food-storage bags and disposable tableware; and Diamond kitchen and food-preparation products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.