Analysts Set Reynolds Consumer Products Inc. (NASDAQ:REYN) Target Price at $28.00

Key Points

• Reynolds Consumer Products Inc. has received a consensus recommendation of "Hold" from nine research firms, with six analysts giving a hold rating and three a buy rating, while the average price objective is set at $28.00.
• The company recently reported a quarterly earnings per share (EPS) of $0.39, exceeding analysts' expectations, and achieved a net margin of 8.44% with a year-over-year revenue increase of 0.9%.
• Reynolds Consumer Products declared a quarterly dividend of $0.23 per share, which represents a yield of 4.1% and reflects a dividend payout ratio of 61.74%.

Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) has been assigned an average recommendation of "Hold" from the nine brokerages that are presently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $28.00.

REYN has been the subject of a number of recent research reports. Royal Bank Of Canada reissued a "sector perform" rating and issued a $30.00 target price on shares of Reynolds Consumer Products in a research note on Monday, April 28th. Barclays boosted their target price on Reynolds Consumer Products from $21.00 to $22.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. UBS Group upped their target price on Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Truist Financial reduced their target price on Reynolds Consumer Products from $35.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Finally, Wall Street Zen upgraded Reynolds Consumer Products from a "sell" rating to a "hold" rating in a report on Friday, May 30th.

Reynolds Consumer Products Price Performance

REYN stock traded down $0.03 during mid-day trading on Friday, hitting $23.08. 873,514 shares of the stock were exchanged, compared to its average volume of 1,157,474. Reynolds Consumer Products has a 12 month low of $20.91 and a 12 month high of $32.65. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.85 and a quick ratio of 0.75. The business has a fifty day moving average price of $21.98 and a 200 day moving average price of $22.96. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of 15.49 and a beta of 0.58.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. Reynolds Consumer Products had a return on equity of 16.00% and a net margin of 8.44%.The company had revenue of $938.00 million during the quarter, compared to analyst estimates of $899.05 million. During the same quarter in the previous year, the company posted $0.46 EPS. Reynolds Consumer Products's revenue for the quarter was up .9% on a year-over-year basis. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. On average, sell-side analysts anticipate that Reynolds Consumer Products will post 1.66 EPS for the current year.

Reynolds Consumer Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.23 per share. The ex-dividend date is Friday, August 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.0%. Reynolds Consumer Products's dividend payout ratio is 61.74%.

Insider Buying and Selling

In related news, CAO Chris Mayrhofer purchased 5,048 shares of the company's stock in a transaction dated Friday, May 30th. The shares were purchased at an average cost of $21.99 per share, with a total value of $111,005.52. Following the transaction, the chief accounting officer directly owned 23,266 shares in the company, valued at $511,619.34. This trade represents a 27.71% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rolf Stangl purchased 4,500 shares of the company's stock in a transaction dated Friday, June 20th. The stock was bought at an average cost of $21.24 per share, for a total transaction of $95,580.00. Following the completion of the transaction, the director owned 30,889 shares in the company, valued at approximately $656,082.36. This represents a 17.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders bought 32,266 shares of company stock worth $707,582. Insiders own 0.15% of the company's stock.

Institutional Trading of Reynolds Consumer Products

Hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC lifted its position in Reynolds Consumer Products by 858.3% in the 2nd quarter. Jane Street Group LLC now owns 1,204,840 shares of the company's stock valued at $25,808,000 after acquiring an additional 1,079,116 shares in the last quarter. AQR Capital Management LLC lifted its position in Reynolds Consumer Products by 107.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,880,175 shares of the company's stock valued at $40,142,000 after acquiring an additional 973,374 shares in the last quarter. Clifford Capital Partners LLC lifted its position in Reynolds Consumer Products by 4,507.2% in the 2nd quarter. Clifford Capital Partners LLC now owns 707,853 shares of the company's stock valued at $15,162,000 after acquiring an additional 692,489 shares in the last quarter. Norges Bank bought a new position in Reynolds Consumer Products in the 2nd quarter valued at approximately $14,256,000. Finally, First Trust Advisors LP lifted its position in Reynolds Consumer Products by 13.9% in the 2nd 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. 26.81% of the stock is owned by institutional investors.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.