Reynolds Consumer Products (NASDAQ:REYN) Reaches New 52-Week Low – Here’s What Happened

Reynolds Consumer Products Inc. (NASDAQ:REYN) hit a new 52-week low on Wednesday . The stock traded as low as $20.68 and last traded at $20.8550, with a volume of 171705 shares. The stock had previously closed at $20.93.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Canaccord Genuity Group lowered their price objective on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Royal Bank Of Canada set a $24.00 price target on Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. Zacks Research raised Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. UBS Group lowered their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Seven research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $23.60.

Reynolds Consumer Products Trading Down 1.7%

The business has a 50-day moving average of $22.06 and a 200-day moving average of $23.21. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 14.29 and a beta of 0.61. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. As a group, research analysts forecast that Reynolds Consumer Products Inc. will post 1.61 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 63.89%.

Insider Activity at Reynolds Consumer Products

In related news, Director Rolf Stangl purchased 4,705 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was bought at an average price of $21.06 per share, with a total value of $99,087.30. Following the completion of the transaction, the director owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. This represents a 13.51% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.37% of the stock is owned by corporate insiders.

Institutional Trading of Reynolds Consumer Products

A number of hedge funds have recently modified their holdings of the business. Fieldview Capital Management LLC acquired a new position in Reynolds Consumer Products during the third quarter worth $1,436,000. CWM LLC grew its holdings in shares of Reynolds Consumer Products by 350.7% in the 3rd quarter. CWM LLC now owns 122,763 shares of the company’s stock valued at $3,004,000 after buying an additional 95,524 shares during the period. Bleakley Financial Group LLC acquired a new position in shares of Reynolds Consumer Products in the 3rd quarter valued at $1,246,000. Kettle Hill Capital Management LLC acquired a new position in shares of Reynolds Consumer Products in the 3rd quarter valued at $1,150,000. Finally, Clifford Capital Partners LLC grew its holdings in shares of Reynolds Consumer Products by 16.3% in the 3rd quarter. Clifford Capital Partners LLC now owns 823,446 shares of the company’s stock valued at $20,150,000 after buying an additional 115,593 shares during the period. Hedge funds and other institutional investors 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.