Royal Bank Of Canada Issues Pessimistic Forecast for Reynolds Consumer Products (NASDAQ:REYN) Stock Price

Reynolds Consumer Products (NASDAQ:REYN) had its target price reduced by investment analysts at Royal Bank Of Canada from $28.00 to $25.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 9.79% from the stock’s previous close.

REYN has been the topic of several other research reports. UBS Group upped their price target on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday. Zacks Research cut Reynolds Consumer Products from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Canaccord Genuity Group dropped their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Reynolds Consumer Products has a consensus rating of “Hold” and a consensus price target of $25.43.

Reynolds Consumer Products Stock Down 0.1%

Shares of NASDAQ REYN opened at $22.77 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.93 and a debt-to-equity ratio of 0.70. The company has a market cap of $4.79 billion, a P/E ratio of 15.81 and a beta of 0.57. Reynolds Consumer Products has a 52 week low of $20.91 and a 52 week high of $26.25. The business has a 50-day simple moving average of $23.63 and a two-hundred day simple moving average of $23.55.

Reynolds Consumer Products (NASDAQ:REYN) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 earnings per share. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Research analysts anticipate that Reynolds Consumer Products will post 1.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Reynolds Consumer Products

Institutional investors have recently made changes to their positions in the business. Legato Capital Management LLC grew its holdings in shares of Reynolds Consumer Products by 64.7% during the 4th quarter. Legato Capital Management LLC now owns 108,268 shares of the company’s stock valued at $2,482,000 after purchasing an additional 42,521 shares during the last quarter. Covestor Ltd boosted its position in Reynolds Consumer Products by 1,496.4% during the fourth quarter. Covestor Ltd now owns 5,396 shares of the company’s stock valued at $124,000 after buying an additional 5,058 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Reynolds Consumer Products by 32.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,873 shares of the company’s stock valued at $66,000 after buying an additional 704 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Reynolds Consumer Products in the fourth quarter worth about $941,000. Finally, Larson Financial Group LLC lifted its stake in shares of Reynolds Consumer Products by 70.4% in the 4th quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock valued at $29,000 after acquiring an additional 522 shares during the last quarter. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.