Reynolds Consumer Products
REYN
Market cap $6.4B

30.46 USD

+0.08

0.26%

At close Oct 17, 4:00 PM EDT

After hours

30.46

+0.00

0.00%

1 day

0.26%

5 days

1.98%

1 month

-2.84%

3 months

10.68%

6 months

8.55%

Year to date

12.23%

1 year

18.85%

5 years

6.69%

About: Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in the production and sales of cooking products, waste and storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. Reynolds Cooking and Baking segment produce branded and store brand aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners.

Employees: 6,000

Materials Plastics, Foil & Coated Paper Bags

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

279% more call options, than puts

Call options by funds: $148K | Put options by funds: $39K

63% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 30

60% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 65

9% more funds holding

Funds holding: 220 [Q1] → 239 (+19) [Q2]

0.25% less ownership

Funds ownership: 28.07% [Q1] → 27.82% (-0.25%) [Q2]

3% less capital invested

Capital invested by funds: $1.68B [Q1] → $1.64B (-$48.8M) [Q2]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$28

8%

downside

Avg. target

$32

4%

upside

High target

$38

25%

upside

7 analyst ratings

1 positive

14%

6 neutral

86%

0 negative

0%

Jefferies Kaumil Gajrawala 59% 1-year accuracy 16 / 27 met price target	25%upside $38	Buy Initiated	29 Aug 2024
RBC Capital Nik Modi 69% 1-year accuracy 27 / 39 met price target	5%upside $32	Sector Perform Maintained	8 Aug 2024
Barclays Lauren Lieberman 64% 1-year accuracy 47 / 73 met price target	5%downside $29	Equal-Weight Maintained	8 Aug 2024
JP Morgan Andrea Teixeira 52% 1-year accuracy 27 / 52 met price target	8%upside $33	Neutral Maintained	8 Aug 2024
Canaccord Genuity Brian McNamara 53% 1-year accuracy 16 / 30 met price target	5%upside $32	Hold Maintained	8 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about REYN published over the past 30 days

Reynolds Consumer Products Announces Extended and Upsized Revolving Credit Facility

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”), a leading provider of household products, today announced an amendment to its credit agreement that provides a new revolving credit facility through a syndicate of banks led by Wells Fargo. The parties replaced an undrawn $250 million senior secured revolving credit facility maturing in February 2026 with an undrawn $700 million senior secured revolving credit facility maturing in October 2029 un.

Reynolds Consumer Products Announces Extended and Upsized Revolving Credit Facility

Zacks Investment Research

Reynolds Consumer Products (REYN) Upgraded to Buy: Here's What You Should Know

Reynolds Consumer Products (REYN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Reynolds Consumer Products (REYN) Upgraded to Buy: Here's What You Should Know

Reynolds Consumer Products to Report Third Quarter 2024 Financial Results on October 30, 2024

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report third quarter 2024 financial results on Wednesday, October 30, 2024. The Company's President and Chief Executive Officer, Lance Mitchell, and Chief Financial Officer, Scott Huckins, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. A link to the webcast and all related earnings materials will be available at https://investors.rey.

Reynolds Consumer Products to Report Third Quarter 2024 Financial Results on October 30, 2024

Zacks Investment Research

Biggest Rate Cut in 16 Years: 4 Consumer Discretionary Stocks to Buy

Consumer discretionary stocks like COOK, LINC, REYN and RCL will benefit from the Fed's big rate cut.

Biggest Rate Cut in 16 Years: 4 Consumer Discretionary Stocks to Buy

Zacks Investment Research

Is Reynolds Consumer Products (REYN) Stock Outpacing Its Consumer Discretionary Peers This Year?

Here is how Reynolds Consumer Products (REYN) and Sinclair (SBGI) have performed compared to their sector so far this year.

Is Reynolds Consumer Products (REYN) Stock Outpacing Its Consumer Discretionary Peers This Year?

Reynolds Consumer Products to Participate in Barclays Global Consumer Staples Conference

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today announced that Lance Mitchell, President and Chief Executive Officer, and Scott Huckins, Chief Financial Officer, will host a fireside chat at the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 4, 2024, at 1:30p.m. ET. The fireside chat will be webcast live and can be accessed on the “Events & Presentations” section of the Company's website at https://inves.

Reynolds Consumer Products to Participate in Barclays Global Consumer Staples Conference

Zacks Investment Research

Reynolds Consumer Products (REYN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Reynolds Consumer Products (REYN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Reynolds Consumer Products (REYN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Reynolds Consumer Products Inc. (REYN) Q2 2024 Earnings Call Transcript

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Mark Swartzberg - Vice President, Investor Relations Lance Mitchell - President & Chief Executive Officer Scott Huckins - Chief Financial Officer Conference Call Participants Robert Ottenstein - Evercore Mark Astrachan - Stifel Nik Modi - RBC Capital Markets Peter Grom - UBS Lauren Lieberman - Barclays Andrea Teixeira - JPMorgan Bill Chappell - Truist Securities Operator Greetings, and welcome to the Reynolds Consumer Products, Inc. Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Reynolds Consumer Products Inc. (REYN) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Reynolds Consumer Products (REYN) Beats Q2 Earnings and Revenue Estimates

Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.32 per share a year ago.

Reynolds Consumer Products (REYN) Beats Q2 Earnings and Revenue Estimates

Reynolds Consumer Products Reports Second Quarter 2024 Financial Results

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (the “Company” or “RCP”) (Nasdaq: REYN) today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Net Revenues of $930 million vs. $940 million in Q2 2023 Retail Net Revenues increased 1% to $892 million, exceeding Company expectations Non-retail Net Revenues, which consist of sales to food service customers, classified as related party net revenues, and industrial customers, de.

Reynolds Consumer Products Reports Second Quarter 2024 Financial Results

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