Reynolds Consumer Products Inc [REYN] stock is trading at $24.75, up 0.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The REYN shares have gain 3.38% over the last week, with a monthly amount drifted -10.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Reynolds Consumer Products Inc [NASDAQ: REYN] stock has seen the most recent analyst activity on August 29, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $38. Previously, JP Morgan downgraded its rating to Neutral on November 22, 2023, and dropped its price target to $28. On October 03, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $30 on the stock. Canaccord Genuity started tracking the stock assigning a Hold rating and suggested a price target of $28 on March 30, 2023. Credit Suisse downgraded its rating to a Neutral and reduced its price target to $32 on January 17, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on January 03, 2023, but kept the price target unchanged to $30. In a note dated April 13, 2022, Stifel downgraded an Hold rating on this stock and revised its target price from $33 to $31.
Reynolds Consumer Products Inc [REYN] stock has fluctuated between $23.61 and $32.65 over the past year. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Reynolds Consumer Products Inc [NASDAQ: REYN] shares were valued at $24.75 at the most recent close of the market. An investor can expect a potential return of 41.41% based on the average REYN price forecast.
Analyzing the REYN fundamentals
Reynolds Consumer Products Inc [NASDAQ:REYN] reported sales of 3.69B for the trailing twelve months, which represents a growth of 1.39%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.38 points at the first support level, and at 24.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.16, and for the 2nd resistance point, it is at 25.57.
Ratios To Look Out For
For context, Reynolds Consumer Products Inc’s Current Ratio is 2.04. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 1.41, the price to book ratio is 2.43 and price to earnings (TTM) ratio is 14.75.
Transactions by insiders
Recent insider trading involved Stangl Rolf, Director, that happened on Feb 10 ’25 when 6000.0 shares were purchased. Director, Stangl Rolf completed a deal on Dec 19 ’24 to buy 3682.0 shares. Meanwhile, Director Golding Helen bought 1190.0 shares on Nov 14 ’24.
