Reynolds Consumer Products Inc (NASDAQ: REYN) has a price-to-earnings ratio of 15.80x that is above its average ratio. Additionally, the 36-month beta value for REYN is 0.49. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for REYN is 54.22M and currently, short sellers hold a 2.81% ratio of that float. The average trading volume of REYN on November 15, 2024 was 659.70K shares.
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REYN) stock’s latest price update
Reynolds Consumer Products Inc (NASDAQ: REYN)’s stock price has plunge by 0.62relation to previous closing price of 27.58. Nevertheless, the company has seen a 1.24% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-30 that Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Mark Swartzberg – Vice President of Investor Relations Lance Mitchell – President & Chief Executive Officer Scott Huckins – Chief Financial Officer Conference Call Participants Nik Modi – RBC Capital Markets Andrea Teixeira – JPMorgan Mark Astrachan – Stifel Jim Abbott – Barclays Robert Ottenstein – Evercore Peter Grom – UBS Brian McNamara – Canaccord Genuity Operator Greetings and welcome to the Reynolds Consumer Products, Incorporated Third Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode.
REYN’s Market Performance
REYN’s stock has risen by 1.24% in the past week, with a monthly drop of -8.66% and a quarterly drop of -7.96%. The volatility ratio for the week is 1.10% while the volatility levels for the last 30 days are 1.53% for Reynolds Consumer Products Inc The simple moving average for the last 20 days is -2.25% for REYN stock, with a simple moving average of -4.26% for the last 200 days.
Analysts’ Opinion of REYN
Many brokerage firms have already submitted their reports for REYN stocks, with Jefferies repeating the rating for REYN by listing it as a “Buy.” The predicted price for REYN in the upcoming period, according to Jefferies is $38 based on the research report published on August 29, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see REYN reach a price target of $28, previously predicting the price at $29. The rating they have provided for REYN stocks is “Neutral” according to the report published on November 22nd, 2023.
Goldman gave a rating of “Neutral” to REYN, setting the target price at $30 in the report published on October 03rd of the previous year.
REYN Trading at -7.17% 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 -15.01% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.10%, as shares sank -8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.62% lower at present.
During the last 5 trading sessions, REYN rose by +1.24%, which changed the moving average for the period of 200-days by +2.13% in comparison to the 20-day moving average, which settled at $28.39. In addition, Reynolds Consumer Products Inc saw 3.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at REYN starting from RICHARD A. NOLL REVOCABLE TRUS, who proposed sale 42,173 shares at the price of $27.59 back on Nov 14 ’24. After this action, RICHARD A. NOLL REVOCABLE TRUS now owns shares of Reynolds Consumer Products Inc, valued at $1,163,414 using the latest closing price.
Stangl Rolf, the Director of Reynolds Consumer Products Inc, purchase 7,207 shares at $27.25 during a trade that took place back on Nov 01 ’24, which means that Stangl Rolf is holding 7,207 shares at $196,378 based on the most recent closing price.
Stock Fundamentals for REYN
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.27 for the gross margin
The net margin for Reynolds Consumer Products Inc stands at 0.1. The total capital return value is set at 0.13. Equity return is now at value 18.65, with 7.62 for asset returns.
Based on Reynolds Consumer Products Inc (REYN), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 4.48.
Currently, EBITDA for the company is 636.0 million with net debt to EBITDA at 2.56. When we switch over and look at the enterprise to sales, we see a ratio of 2.05. The receivables turnover for the company is 10.57for 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 2.03.
Conclusion
In conclusion, Reynolds Consumer Products Inc (REYN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
