In the past week, REYN stock has gone down by 0.00%, with a monthly decline of -1.66% and a quarterly plunge of -0.80%. The volatility ratio for the week is 1.54%, and the volatility levels for the last 30 days are 1.67% for Reynolds Consumer Products Inc The simple moving average for the last 20 days is 0.26% for REYN stock, with a simple moving average of 3.78% for the last 200 days.
Is It Worth Investing in Reynolds Consumer Products Inc (NASDAQ: REYN) Right Now?
The price-to-earnings ratio for Reynolds Consumer Products Inc (NASDAQ: REYN) is 18.09x, which is above its average ratio. Moreover, the 36-month beta value for REYN is 0.47. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for REYN is 54.21M and currently, short sellers hold a 2.94% of that float. On June 19, 2024, REYN’s average trading volume was 462.54K shares.
REYN) stock’s latest price update
Reynolds Consumer Products Inc (NASDAQ: REYN) has seen a rise in its stock price by 0.32 in relation to its previous close of 28.34. zacks.com reported 2024-06-14 that Reynolds, Central Garden & Pet, The Honest and Lifetime Brands have been highlighted in this Industry Outlook article.
Analysts’ Opinion of REYN
Many brokerage firms have already submitted their reports for REYN stocks, with JP Morgan repeating the rating for REYN by listing it as a “Neutral.” The predicted price for REYN in the upcoming period, according to JP Morgan is $28 based on the research report published on November 22, 2023 of the previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see REYN reach a price target of $30, previously predicting the price at $28. The rating they have provided for REYN stocks is “Neutral” according to the report published on October 03rd, 2023.
Canaccord Genuity gave a rating of “Hold” to REYN, setting the target price at $28 in the report published on March 30th of the previous year.
REYN Trading at -0.22% from the 50-Day Moving Average
After a stumble in the market that brought REYN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.91% of loss for the given period.
Volatility was left at 1.67%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares sank -3.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.64% upper at present.
During the last 5 trading sessions, REYN remain unchanged, which changed the moving average for the period of 200-days by +4.18% in comparison to the 20-day moving average, which settled at $28.31. In addition, Reynolds Consumer Products Inc saw 5.92% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for REYN
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.27 for the gross margin
The net margin for Reynolds Consumer Products Inc stands at 0.09. The total capital return value is set at 0.13. Equity return is now at value 17.30, with 6.79 for asset returns.
Based on Reynolds Consumer Products Inc (REYN), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is 3.93.
Currently, EBITDA for the company is 661.0 million with net debt to EBITDA at 2.54. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 10.77for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.11.
Conclusion
To wrap up, the performance of Reynolds Consumer Products Inc (REYN) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
