During the last session, Reynolds Consumer Products Inc (NASDAQ:REYN)’s traded shares were 0.89 million, with the beta value of the company hitting 0.59. At the end of the trading day, the stock’s price was $23.10, reflecting an intraday loss of -0.26% or -$0.06. The 52-week high for the REYN share is $32.65, that puts it down -41.34 from that peak though still a striking 5.19% gain since the share price plummeted to a 52-week low of $21.90. The company’s market capitalization is $4.86B, and the average trade volume was 781.49K shares over the past three months.
Reynolds Consumer Products Inc (REYN) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.11. REYN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.38.
Reynolds Consumer Products Inc (NASDAQ:REYN) trade information
Reynolds Consumer Products Inc (REYN) registered a -0.26% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.26% in intraday trading to $23.10, hitting a weekly high. The stock’s 5-day price performance is -0.90%, and it has moved by -0.69% in 30 days. Based on these gigs, the overall price performance for the year is -18.69%.
The consensus price target of analysts on Wall Street is $35, which implies an increase of 34.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $35 and $35 respectively. As a result, REYN is trading at a discount of -51.52% off the target high and -51.52% off the low.
Reynolds Consumer Products Inc (REYN) estimates and forecasts
In the rating firms’ projections, revenue will decrease -2.12% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 899.05M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 898.98M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 930M and 910M respectively. In this case, analysts expect current quarter sales to shrink by -3.33% and then drop by -1.21% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 9.29%. While earnings are projected to return -5.45% in 2025, the next five years will return 1.47% per annum.
REYN Dividends
Reynolds Consumer Products Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Reynolds Consumer Products Inc is 0.92, with the dividend yield indicating at 3.98 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 8.12 million shares, is of T. ROWE PRICE INVESTMENT MANAGEMENT, INC.’s that is approximately 3.8653% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $227.22 million.
Also, the Mutual Funds coming in first place with the largest holdings of Reynolds Consumer Products Inc (REYN) shares are ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund and T. Rowe Price Mid-Cap Growth Fund, Inc. . Data provided on Mar 31, 2025 indicates that ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund owns about 10.39 shares. This amounts to just over 4.94 percent of the company’s overall shares, with a $239.94 million market value. The same data shows that the other fund manager holds slightly less at 3.89, or about 1.85% of the stock, which is worth about $89.83 million.
