Reynolds Consumer ProductsREYN
REYN
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 6,823 funds
0
Analysts bullish %
of 3 analysts
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
39% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 28
6% more capital invested
Capital invested by funds: $1.67B [Q2] → $1.76B (+$92.8M) [Q3]
3% more funds holding
Funds holding: 240 [Q2] → 248 (+8) [Q3]
1.43% less ownership
Funds ownership: 28.37% [Q2] → 26.94% (-1.43%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$27
1%
downside
Avg. target
$28
2%
upside
High target
$29
6%
upside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
Barclays Lauren Lieberman 43% 1-year accuracy 39 / 90 met price target | 2%downside $27 | Equal-Weight Maintained | 17 Jan 2025 |
UBS Peter Grom 50% 1-year accuracy 11 / 22 met price target | 6%upside $29 | Neutral Maintained | 16 Jan 2025 |
JP Morgan Andrea Teixeira 43% 1-year accuracy 23 / 54 met price target | 2%upside $28 | Neutral Maintained | 16 Jan 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
5 days ago
Should Value Investors Buy Reynolds Consumer Products (REYN) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
3 weeks ago
Are Investors Undervaluing Reynolds Consumer Products (REYN) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Seeking Alpha
1 month 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.
Negative
Seeking Alpha
1 month 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.
Positive
Benzinga
2 months 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.
Neutral
Seeking Alpha
2 months 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.
Positive
Zacks Investment Research
2 months 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.
Negative
Zacks Investment Research
2 months 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.
Neutral
Business Wire
2 months 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.
Neutral
Business Wire
2 months 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.
Charts implemented using Lightweight Charts™