For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Reynolds Consumer Products Inc (NASDAQ: REYN) closed at $25.93 down -2.48% from its previous closing price of $26.59. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 0.78 million shares were traded. REYN stock price reached its highest trading level at $26.75 during the session, while it also had its lowest trading level at $25.88.
Ratios:
For a deeper understanding of Reynolds Consumer Products Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.87.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on August 29, 2024, initiated with a Buy rating and assigned the stock a target price of $38.
On November 22, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $29 to $28.
Goldman Upgraded its Sell to Neutral on October 03, 2023, whereas the target price for the stock was revised from $28 to $30.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 19 ’24 when Stangl Rolf bought 3,682 shares for $27.50 per share. The transaction valued at 101,255 led to the insider holds 10,889 shares of the business.
Golding Helen bought 1,190 shares of REYN for $32,823 on Nov 14 ’24. The Director now owns 1,190 shares after completing the transaction at $27.58 per share. On Nov 14 ’24, another insider, RICHARD A. NOLL REVOCABLE TRUS, who serves as the former director of the company, bought 42,173 shares for $27.59 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REYN now has a Market Capitalization of 5449085952 and an Enterprise Value of 7152084480. As of this moment, Reynolds’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.77, and their Forward P/E ratio for the next fiscal year is 14.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 1.943 whereas that against EBITDA is 10.174.
Stock Price History:
The Beta on a monthly basis for REYN is 0.50, which has changed by -0.023861945 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, REYN has reached a high of $32.65, while it has fallen to a 52-week low of $26.49. The 50-Day Moving Average of the stock is -6.31%, while the 200-Day Moving Average is calculated to be -9.88%.
Shares Statistics:
For the past three months, REYN has traded an average of 540.82K shares per day and 505400 over the past ten days. A total of 210.10M shares are outstanding, with a floating share count of 54.20M. Insiders hold about 74.21% of the company’s shares, while institutions hold 27.22% stake in the company. Shares short for REYN as of 1734048000 were 2010084 with a Short Ratio of 3.72, compared to 1731628800 on 1693520. Therefore, it implies a Short% of Shares Outstanding of 2010084 and a Short% of Float of 3.6999999999999997.
Dividends & Splits
According to the company, the forward annual dividend rate for REYN is 0.92, from 0.92 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034599476
