Reynolds Consumer Products (NASDAQ:REYN) Raised to Hold at Zacks Research

Reynolds Consumer Products (NASDAQ:REYN) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. UBS Group cut their price target on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday. Royal Bank Of Canada cut their price target on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Canaccord Genuity Group cut their price target on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, January 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $25.00.

Reynolds Consumer Products Stock Down 0.3%

Reynolds Consumer Products stock opened at $21.29 on Monday. The company has a market cap of $4.49 billion, a P/E ratio of 14.78 and a beta of 0.61. Reynolds Consumer Products has a 1-year low of $20.69 and a 1-year high of $26.25. The company has a fifty day simple moving average of $22.53 and a 200 day simple moving average of $23.46. The company has a current ratio of 1.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.70.

Reynolds Consumer Products (NASDAQ:REYN) last released its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period last year, the business posted $0.58 EPS. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Research analysts anticipate that Reynolds Consumer Products will post 1.66 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Rolf Stangl bought 4,705 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the purchase, the director owned 39,537 shares in the company, valued at $832,649.22. This represents a 13.51% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.37% of the company’s stock.

Institutional Trading of Reynolds Consumer Products

Hedge funds have recently modified their holdings of the stock. Fieldview Capital Management LLC acquired a new stake in shares of Reynolds Consumer Products during the 3rd quarter worth about $1,436,000. CWM LLC raised its stake in Reynolds Consumer Products by 350.7% in the 3rd quarter. CWM LLC now owns 122,763 shares of the company’s stock worth $3,004,000 after purchasing an additional 95,524 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in Reynolds Consumer Products in the 3rd quarter worth about $1,246,000. Clifford Capital Partners LLC raised its stake in Reynolds Consumer Products by 16.3% in the 3rd quarter. Clifford Capital Partners LLC now owns 823,446 shares of the company’s stock worth $20,150,000 after purchasing an additional 115,593 shares in the last quarter. Finally, Kettle Hill Capital Management LLC acquired a new stake in Reynolds Consumer Products in the 3rd quarter worth about $1,150,000. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.