Reynolds Consumer Products Inc. (NASDAQ:REYN) Given Average Rating of "Hold" by Analysts

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%.

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) have earned an average recommendation of "Hold" from the nine research firms that are presently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $28.00.

A number of brokerages have recently commented on REYN. Canaccord Genuity Group decreased their price objective on shares of Reynolds Consumer Products from $27.00 to $26.00 and set a "hold" rating for the company in a research report on Thursday, May 1st. Barclays increased their target price on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the stock an "equal weight" rating in a research report on Friday, August 1st. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $30.00 price target on shares of Reynolds Consumer Products in a report on Monday, April 28th. UBS Group raised their target price on Reynolds Consumer Products from $23.00 to $25.00 and gave the company a "neutral" rating in a report on Thursday, July 31st. Finally, Wall Street Zen raised Reynolds Consumer Products from a "sell" rating to a "hold" rating in a report on Friday, May 30th.

Insiders Place Their Bets

In other Reynolds Consumer Products news, Director Rolf Stangl bought 4,500 shares of the business's stock in a transaction dated Friday, June 20th. The shares were purchased at an average price of $21.24 per share, for a total transaction of $95,580.00. Following the purchase, the director directly owned 30,889 shares of the company's stock, valued at approximately $656,082.36. This represents a 17.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Chris Mayrhofer bought 18,218 shares of the business's stock in a transaction dated Thursday, May 29th. The stock was acquired at an average price of $22.14 per share, for a total transaction of $403,346.52. Following the purchase, the chief accounting officer directly owned 18,218 shares in the company, valued at approximately $403,346.52. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 32,266 shares of company stock valued at $707,582 in the last three months. 0.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of REYN. First Horizon Advisors Inc. lifted its stake in Reynolds Consumer Products by 40.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,601 shares of the company's stock worth $34,000 after purchasing an additional 464 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Reynolds Consumer Products by 231.8% during the second quarter. GAMMA Investing LLC now owns 2,814 shares of the company's stock worth $60,000 after purchasing an additional 1,966 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Reynolds Consumer Products by 38.1% during the first quarter. Versant Capital Management Inc now owns 2,543 shares of the company's stock worth $61,000 after purchasing an additional 701 shares during the period. Quarry LP boosted its holdings in shares of Reynolds Consumer Products by 187.0% during the fourth quarter. Quarry LP now owns 2,531 shares of the company's stock worth $68,000 after purchasing an additional 1,649 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Reynolds Consumer Products by 14,434.8% during the second quarter. Caitong International Asset Management Co. Ltd now owns 3,343 shares of the company's stock worth $72,000 after purchasing an additional 3,320 shares during the period. 26.81% of the stock is owned by institutional investors.

Reynolds Consumer Products Stock Up 2.6%

Shares of NASDAQ:REYN traded up $0.59 during midday trading on Friday, reaching $23.13. 699,229 shares of the company were exchanged, compared to its average volume of 957,975. Reynolds Consumer Products has a fifty-two week low of $20.91 and a fifty-two week high of $32.65. The company has a quick ratio of 0.75, a current ratio of 1.85 and a debt-to-equity ratio of 0.75. The stock has a fifty day simple moving average of $21.90 and a two-hundred day simple moving average of $22.99. The firm has a market cap of $4.86 billion, a PE ratio of 15.52 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 net margin of 8.44% and a return on equity of 16.00%. The business had revenue of $938.00 million during the quarter, compared to the consensus estimate of $899.05 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm's revenue for the quarter was up .9% compared to the same quarter last year. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. As a group, sell-side analysts forecast that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

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

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.