Brokerages Set Reynolds Consumer Products Inc. (NASDAQ:REYN) PT at $25.60

Reynolds Consumer Products Inc. (NASDAQ:REYN) has received a consensus rating of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $25.60.

Several research analysts have recently issued reports on REYN shares. Canaccord Genuity Group raised their price target on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Barclays increased their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Piper Sandler upgraded Reynolds Consumer Products to an “overweight” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. boosted their target price on Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, UBS Group upped their price target on Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ:REYN opened at $21.94 on Monday. The company has a current ratio of 1.80, a quick ratio of 0.71 and a debt-to-equity ratio of 0.66. Reynolds Consumer Products has a 1-year low of $20.44 and a 1-year high of $27.32. The stock has a market capitalization of $4.62 billion, a P/E ratio of 13.38 and a beta of 0.54. The business has a 50-day moving average price of $24.40 and a two-hundred day moving average price of $23.24.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.03%. The company had revenue of $944.00 million for the quarter, compared to analyst estimates of $935.46 million. During the same quarter last year, the firm earned $0.39 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. Reynolds Consumer Products has set its Q3 2026 guidance at 0.370-0.390 EPS and its FY 2026 guidance at 1.570-1.630 EPS. Equities analysts predict that Reynolds Consumer Products will post 1.59 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were issued a dividend of $0.23 per share. The ex-dividend date was Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 4.2%. Reynolds Consumer Products’s payout ratio is currently 56.10%.

Institutional Investors Weigh In On Reynolds Consumer Products

Hedge funds have recently bought and sold shares of the company. WINTON GROUP Ltd bought a new stake in shares of Reynolds Consumer Products in the 2nd quarter valued at $469,000. Integrated Wealth Concepts LLC bought a new position in Reynolds Consumer Products during the second quarter worth about $54,000. Baird Financial Group Inc. grew its stake in Reynolds Consumer Products by 27.4% in the second quarter. Baird Financial Group Inc. now owns 41,448 shares of the company’s stock valued at $1,113,000 after acquiring an additional 8,915 shares during the period. West Family Investments Inc. acquired a new position in Reynolds Consumer Products in the second quarter valued at about $245,000. Finally, Paragon Capital Management Ltd bought a new stake in shares of Reynolds Consumer Products in the second quarter worth about $254,000. 26.81% of the stock is currently owned by institutional investors and hedge funds.

About Reynolds Consumer Products

Reynolds Consumer Products Inc (NASDAQ:REYN) develops, manufactures and markets household products used for food preparation, storage, serving and waste management. The company sells branded and private-label products primarily through grocery stores, mass merchants, warehouse clubs, online retailers and other distribution channels.

Its portfolio includes Reynolds Kitchens aluminum foil, parchment paper, oven bags, wax paper, plastic wrap and disposable bakeware; Hefty trash bags, food-storage bags and disposable tableware; and Diamond kitchen and food-preparation products.