Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.610-1.680 for the period, compared to the consensus EPS estimate of 1.760. The company issued revenue guidance of -. Reynolds Consumer Products also updated its Q1 2025 guidance to 0.220-0.240 EPS.
Analysts Set New Price Targets
REYN has been the topic of several recent research reports. JPMorgan Chase & Co. cut their price objective on Reynolds Consumer Products from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. UBS Group reduced their price target on Reynolds Consumer Products from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Barclays dropped their price objective on shares of Reynolds Consumer Products from $28.00 to $27.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $32.00 target price on shares of Reynolds Consumer Products in a report on Monday. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Reynolds Consumer Products has an average rating of “Hold” and a consensus price target of $30.86.
Get Our Latest Stock Analysis on Reynolds Consumer Products
Reynolds Consumer Products Trading Down 4.2 %
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.58 earnings per share for the quarter, meeting the consensus estimate of $0.58. Reynolds Consumer Products had a net margin of 10.03% and a return on equity of 18.27%. Analysts forecast that Reynolds Consumer Products will post 1.69 EPS for the current year.
Reynolds Consumer Products Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Friday, February 14th. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 52.57%.
Insider Buying and Selling at Reynolds Consumer Products
In related news, Director Helen Golding bought 1,190 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were bought at an average price of $27.58 per share, with a total value of $32,820.20. Following the completion of the transaction, the director now directly owns 1,190 shares in the company, valued at approximately $32,820.20. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Rolf Stangl acquired 3,682 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $27.50 per share, for a total transaction of $101,255.00. Following the completion of the acquisition, the director now directly owns 10,889 shares in the company, valued at approximately $299,447.50. The trade was a 51.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.20% of the company’s stock.
Reynolds Consumer Products Company Profile
Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.
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