Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Reynolds Consumer Products Inc Market Cap
From what 9 stock analysts predict, the share price for Reynolds Consumer Products Inc (REYN) might increase by 11.86% in the next year. This is based on a 12-month average estimation for REYN. Price targets go from $28 to $35. The majority of stock analysts believe REYN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedREYN 3 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Reynolds Consumer Products Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on REYN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of REYN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Lauren Lieberman Barclays | Equal-Weight | $28 | Maintains | Oct 31, 2024 |
| Kaumil Gajrawala Jefferies | Buy | $38 | Initiates | Aug 29, 2024 |
| Nik Modi RBC Capital | Sector Perform | $32 | Maintains | Aug 8, 2024 |
| Andrea Teixeira JP Morgan | Neutral | $33 | Maintains | Aug 8, 2024 |
| Brian McNamara Canaccord Genuity | Hold | $32 | Maintains | Aug 8, 2024 |
| Lauren Lieberman Barclays | Equal-Weight | $29 | Maintains | Aug 8, 2024 |
| Andrea Teixeira JP Morgan | Neutral | $29 | Maintains | Jul 22, 2024 |
| Lauren Lieberman Barclays | Equal-Weight | $28 | Maintains | Jul 19, 2024 |
| Lauren Lieberman Barclays | Equal-Weight | $29 | Maintains | May 10, 2024 |
| Brian McNamara Canaccord Genuity | Hold | $30 | Maintains | May 9, 2024 |
| Lauren Lieberman Barclays | Equal-Weight | $28 | Maintains | Apr 12, 2024 |
| Nik Modi RBC Capital | Sector Perform | $31 | Reiterates | Mar 20, 2024 |
| Mark Astrachan Stifel | Hold | $30 | Reiterates | Mar 20, 2024 |
| Andrea Teixeira JP Morgan | Neutral | $30 | Maintains | Feb 8, 2024 |
| Lauren Lieberman Barclays | Equal-Weight | $27 | Maintains | Jan 16, 2024 |
| Andrea Teixeira JP Morgan | Neutral | $28 | Downgrade | Nov 22, 2023 |
| Mark Astrachan Stifel | Hold | $27.5 | Maintains | Oct 16, 2023 |
| Andrea Teixeira JP Morgan | Overweight | $29 | Maintains | Oct 12, 2023 |
| Lauren Lieberman Barclays | Equal-Weight | $25 | Maintains | Oct 12, 2023 |
| Jason English Goldman Sachs | Neutral | $30 | Upgrade | Oct 3, 2023 |
When did it IPO
2020
Staff Count
6,000
Country
United States
Sector/Industry
Consumer Cyclical/Packaging & Containers
CEO
Mr. V. Lance Mitchell
Market Cap
$5.95B
In 2023, REYN generated $3.76B in revenue, which was a decrease of -1.60% from the previous year. This can be seen as a signal that REYN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 04 Dec 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - Reynolds Consumer Products maintains a hold rating amid expected FY25 headwinds. 4Q24 revenue is projected to meet guidance, despite challenges in the Hefty Tableware segment.
Why It Matters - Reynolds Consumer Products faces challenges in FY25, particularly in the Hefty Tableware segment, affecting future growth despite stable 4Q24 expectations. Valuation may not reflect these risks.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Reynolds Consumer Products Inc. (NASDAQ: REYN) will hold its Q3 2024 earnings conference call on October 30, 2024, at 8:00 AM ET, featuring key executives and analysts from major firms.
Why It Matters - The earnings call provides insights on Reynolds Consumer Products' financial health and outlook, influencing stock performance and investor sentiment.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Reynolds Consumer Products Inc. reported Q3 2024 net revenues of $910 million, down from $935 million in Q3 2023. Retail revenues fell 3% to $856 million, while non-retail revenues rose to $54 million. Net income was $86 million.
Why It Matters - Reynolds Consumer Products' Q3 results show declining retail revenues but stronger non-retail performance, indicating mixed demand. This affects revenue forecasts and investor sentiment.
Wed, 30 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Reynolds Consumer Products (REYN) reported Q3 earnings of $0.41 per share, below the Zacks estimate of $0.42, but up from $0.37 per share year-over-year.
Why It Matters - Reynolds Consumer Products' earnings miss indicates potential operational challenges or market pressures, which could affect stock performance and investor confidence.
Wed, 30 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Reynolds Consumer Products (REYN) reported Q3 2024 revenue and EPS, highlighting performance relative to Wall Street estimates and year-ago figures.
Why It Matters - Comparing Reynolds' revenue and EPS to Wall Street estimates and prior year figures provides insights into growth trends and market expectations, influencing investment decisions and stock performance.
Thu, 31 Oct 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - The consumer staples sector has identified several oversold stocks, indicating potential investment opportunities in undervalued companies.
Why It Matters - Oversold stocks in consumer staples indicate potential value buys, suggesting a chance for capital appreciation as market corrections may lead to price recoveries.
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