Reynolds Consumer Products (NASDAQ:REYN) Cut to “Strong Sell” at Zacks Research

Reynolds Consumer Products (NASDAQ:REYN) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other research firms also recently issued reports on REYN. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Royal Bank Of Canada decreased their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Canaccord Genuity Group cut their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a report on Monday, January 26th. Finally, UBS Group raised their price objective on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $25.43.

Reynolds Consumer Products Stock Up 0.1%

Shares of REYN stock opened at $23.30 on Wednesday. Reynolds Consumer Products has a 12 month low of $20.91 and a 12 month high of $26.25. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70. The firm has a market cap of $4.90 billion, a PE ratio of 16.18 and a beta of 0.57. The stock has a 50 day moving average of $23.53 and a 200-day moving average of $23.58.

Reynolds Consumer Products (NASDAQ:REYN) last announced its 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 company had revenue of $1.03 billion for the quarter, compared to the consensus estimate 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 revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. 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. On average, equities analysts predict that Reynolds Consumer Products will post 1.66 EPS for the current year.

Institutional Investors Weigh In On Reynolds Consumer Products

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its position in shares of Reynolds Consumer Products by 163.3% during the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock worth $121,156,000 after buying an additional 3,071,015 shares during the period. SG Americas Securities LLC raised its stake in Reynolds Consumer Products by 1,210.2% during the fourth quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock worth $33,570,000 after acquiring an additional 1,352,881 shares in the last quarter. Jane Street Group LLC raised its stake in Reynolds Consumer Products by 858.3% during the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock worth $25,808,000 after acquiring an additional 1,079,116 shares in the last quarter. Gotham Asset Management LLC lifted its holdings in shares of Reynolds Consumer Products by 182.2% during the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after acquiring an additional 1,006,051 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Reynolds Consumer Products by 3,783.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock valued at $18,352,000 after purchasing an additional 730,670 shares in the last quarter. 26.81% of the stock is currently owned by institutional investors.

About Reynolds Consumer Products

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.