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Reynolds Consumer Products (REYN) Stock Price, News & Analysis

Reynolds Consumer Products logo
$27.61 +0.15 (+0.55%)
(As of 12/20/2024 05:16 PM ET)

About Reynolds Consumer Products Stock (NASDAQ:REYN)

Key Stats

Today's Range
$27.43
$27.85
50-Day Range
$26.95
$30.46
52-Week Range
$26.45
$32.65
Volume
963,367 shs
Average Volume
573,431 shs
Market Capitalization
$5.80 billion
P/E Ratio
15.78
Dividend Yield
3.33%
Price Target
$32.17
Consensus Rating
Hold

Company Overview

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. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including compostable bags, bags made from recycled materials, and the orange bags. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. It offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. is a subsidiary of Packaging Finance Limited.

Reynolds Consumer Products Stock Analysis - MarketRank™

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76th Percentile Overall Score

REYN MarketRank™: 

Reynolds Consumer Products scored higher than 76% of companies evaluated by MarketBeat, and ranked 98th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Reynolds Consumer Products has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Reynolds Consumer Products has only been the subject of 1 research reports in the past 90 days.

  • Read more about Reynolds Consumer Products' stock forecast and price target.
  • Earnings Growth

    Earnings for Reynolds Consumer Products are expected to grow by 3.55% in the coming year, from $1.69 to $1.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Reynolds Consumer Products is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Reynolds Consumer Products is 15.78, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

  • Price to Book Value per Share Ratio

    Reynolds Consumer Products has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.28% of the float of Reynolds Consumer Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Reynolds Consumer Products has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Reynolds Consumer Products has recently increased by 5.33%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Reynolds Consumer Products pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Reynolds Consumer Products does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Reynolds Consumer Products is 52.57%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Reynolds Consumer Products will have a dividend payout ratio of 52.57% next year. This indicates that Reynolds Consumer Products will be able to sustain or increase its dividend.

  • Read more about Reynolds Consumer Products' dividend.
  • Percentage of Shares Shorted

    3.28% of the float of Reynolds Consumer Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Reynolds Consumer Products has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Reynolds Consumer Products has recently increased by 5.33%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Reynolds Consumer Products has a news sentiment score of 1.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Reynolds Consumer Products this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for REYN on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Reynolds Consumer Products to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Reynolds Consumer Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought $330,466.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.20% of the stock of Reynolds Consumer Products is held by insiders.

  • Percentage Held by Institutions

    Only 26.81% of the stock of Reynolds Consumer Products is held by institutions.

  • Read more about Reynolds Consumer Products' insider trading history.
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REYN Stock Analysis - Frequently Asked Questions

Reynolds Consumer Products' stock was trading at $26.84 on January 1st, 2024. Since then, REYN stock has increased by 2.9% and is now trading at $27.61.
View the best growth stocks for 2024 here
.

Reynolds Consumer Products Inc. (NASDAQ:REYN) announced its quarterly earnings data on Wednesday, October, 30th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.01. Reynolds Consumer Products's quarterly revenue was down 2.7% on a year-over-year basis.

Reynolds Consumer Products (REYN) raised $1.3 billion in an initial public offering on Friday, January 31st 2020. The company issued 47,200,000 shares at a price of $25.00-$28.00 per share. Credit Suisse, Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and Barclays, Citigroup, Evercore ISI, RBC Capital Markets, HSBC, Stifel, SunTrust Robinson Humphrey and Academy Securities were co-managers.

Reynolds Consumer Products' top institutional investors include Allspring Global Investments Holdings LLC (6.15%), Geode Capital Management LLC (0.50%), State Street Corp (0.48%) and Charles Schwab Investment Management Inc. (0.27%). Insiders that own company stock include Chris Mayrhofer and Helen Golding.
View institutional ownership trends
.

Shares of REYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Reynolds Consumer Products investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Last Earnings
10/30/2024
Ex-Dividend for 11/29 Dividend
11/15/2024
Dividend Payable
11/29/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bags: plastic, laminated, & coated
Sub-Industry
N/A
Current Symbol
NASDAQ:REYN
Fax
N/A
Employees
6,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$32.17
High Stock Price Target
$38.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+16.5%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$298 million
Pretax Margin
12.80%

Debt

Sales & Book Value

Annual Sales
$3.68 billion
Cash Flow
$1.95 per share
Book Value
$9.44 per share

Miscellaneous

Free Float
209,726,000
Market Cap
$5.80 billion
Optionable
Optionable
Beta
0.50

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This page (NASDAQ:REYN) was last updated on 12/21/2024 by MarketBeat.com Staff
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