Weiss Ratings Reaffirms "Hold (C-)" Rating for Reynolds Consumer Products (NASDAQ:REYN)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C-)" rating for Reynolds Consumer Products (NASDAQ:REYN), reflecting analyst caution regarding the stock's performance.
• UBS and Barclays both recently increased their target prices for Reynolds shares, indicating a neutral outlook amid varying analyst ratings for the stock.
• Reynolds Consumer Products reported earnings that surpassed estimates, achieving $0.39 EPS and $938 million in revenue for the quarter, but showing a slight decline from the previous year.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report)'s stock had its "hold (c-)" rating reissued by analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also weighed in on REYN. UBS Group boosted their target price on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Barclays boosted their price target 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. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Reynolds Consumer Products presently has an average rating of "Hold" and an average price target of $26.75.

Reynolds Consumer Products Trading Down 2.5%

REYN opened at $24.21 on Wednesday. Reynolds Consumer Products has a fifty-two week low of $20.91 and a fifty-two week high of $30.61. 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 firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 16.25 and a beta of 0.60. The company's 50 day moving average price is $23.20 and its two-hundred day moving average price is $22.75.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, topping 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 firm had revenue of $938.00 million for the quarter, compared to analyst estimates of $899.05 million. During the same period in the previous year, the firm posted $0.46 EPS. The company'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, research analysts predict that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Insider Activity

In related news, Director Duncan Hawkesby bought 159,506 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were bought at an average price of $22.99 per share, for a total transaction of $3,667,042.94. Following the transaction, the director directly owned 334,092 shares of the company's stock, valued at approximately $7,680,775.08. The trade was a 91.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders have acquired 231,092 shares of company stock worth $5,316,902. 0.15% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cerity Partners LLC lifted its position in shares of Reynolds Consumer Products by 418.8% during the 1st quarter. Cerity Partners LLC now owns 61,821 shares of the company's stock valued at $1,475,000 after acquiring an additional 49,904 shares during the period. GAMMA Investing LLC raised its holdings in Reynolds Consumer Products by 1,493.1% during the first quarter. GAMMA Investing LLC now owns 20,233 shares of the company's stock worth $483,000 after buying an additional 18,963 shares during the last quarter. Vanguard Group Inc. raised its holdings in Reynolds Consumer Products by 2.7% during the first quarter. Vanguard Group Inc. now owns 6,002,580 shares of the company's stock worth $143,222,000 after buying an additional 159,522 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Reynolds Consumer Products by 5.3% during the first quarter. Envestnet Asset Management Inc. now owns 281,648 shares of the company's stock worth $6,720,000 after buying an additional 14,244 shares during the last quarter. Finally, Hunter Perkins Capital Management LLC acquired a new position in Reynolds Consumer Products during the first quarter worth $649,000. Institutional investors and hedge funds own 26.81% of the company's stock.

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.

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