REYN icon

Reynolds Consumer Products

27.61 USD
+0.15
0.55%
At close Dec 20, 4:00 PM EST
After hours
27.61
+0.00
0.00%
1 day
0.55%
5 days
-2.51%
1 month
-0.11%
3 months
-14.17%
6 months
-3.12%
Year to date
1.73%
1 year
4.27%
5 years
-3.29%
10 years
-3.29%
 

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

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,683% more call options, than puts

Call options by funds: $214K | Put options by funds: $12K

40% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 77

26% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 31

6% more capital invested

Capital invested by funds: $1.66B [Q2] → $1.75B (+$97.1M) [Q3]

3% more funds holding

Funds holding: 240 [Q2] → 248 (+8) [Q3]

1.34% less ownership

Funds ownership: 28.19% [Q2] → 26.85% (-1.34%) [Q3]

Research analyst outlook

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

Low target
$28
1%
upside
Avg. target
$28
1%
upside
High target
$28
1%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Barclays
Lauren Lieberman
46% 1-year accuracy
41 / 90 met price target
1%upside
$28
Equal-Weight
Maintained
31 Oct 2024

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
Dividend Income Summary: Lanny's November 2024 Summary
Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of the investing from last year and moves this year show that my aim to save 60% of my income, and making every dollar count has provided the dividend growth.
Dividend Income Summary: Lanny's November 2024 Summary
Negative
Seeking Alpha
2 weeks ago
Reynolds Consumer Products: Visible Earnings Headwind In FY25
I reiterate my hold rating on Reynolds Consumer Products due to visible headwinds expected to pressure FY25 performance despite the current valuation of ~16x forward PE. REYN should meet its revised 4Q24 revenue guidance, benefiting from the holiday season, with management's accurate guidance history supporting this expectation. Key headwinds include continued weakness in the Hefty Tableware segment due to value-conscious consumer behavior and potential permanent demand impairment from foam product bans.
Reynolds Consumer Products: Visible Earnings Headwind In FY25
Positive
Benzinga
1 month ago
Top 3 Defensive Stocks You'll Regret Missing In October
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
Top 3 Defensive Stocks You'll Regret Missing In October
Neutral
Seeking Alpha
1 month ago
Reynolds Consumer Products Inc. (REYN) Q3 2024 Earnings Call Transcript
Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Mark Swartzberg - Vice President of Investor Relations Lance Mitchell - President & Chief Executive Officer Scott Huckins - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Andrea Teixeira - JPMorgan Mark Astrachan - Stifel Jim Abbott - Barclays Robert Ottenstein - Evercore Peter Grom - UBS Brian McNamara - Canaccord Genuity Operator Greetings and welcome to the Reynolds Consumer Products, Incorporated Third Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode.
Reynolds Consumer Products Inc. (REYN) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Reynolds Consumer Products (REYN) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Reynolds Consumer Products (REYN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Reynolds Consumer Products (REYN) Q3 Earnings: A Look at Key Metrics
Negative
Zacks Investment Research
1 month ago
Reynolds Consumer Products (REYN) Q3 Earnings Miss Estimates
Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.37 per share a year ago.
Reynolds Consumer Products (REYN) Q3 Earnings Miss Estimates
Neutral
Business Wire
1 month ago
Reynolds Consumer Products Reports Third 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net Revenues of $910 million vs. $935 million in Q3 2023 Retail Net Revenues decreased 3% to $856 million, in line with Company expectations Non-retail Net Revenues increased $3 million to $54 million, exceeding Company expectations Net Income and Adjusted Net Income of $86 milli.
Reynolds Consumer Products Reports Third Quarter 2024 Financial Results
Neutral
Business Wire
1 month ago
Reynolds Consumer Products Declares Regular Quarterly Cash Dividend
LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (Nasdaq: REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable November 29, 2024, to shareholders of record on November 15, 2024. About Reynolds Consumer Products Inc. Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households ac.
Reynolds Consumer Products Declares Regular Quarterly Cash Dividend
Neutral
Business Wire
2 months ago
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
Positive
Zacks Investment Research
2 months ago
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
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