Stock Market Recap: Reynolds Consumer Products Inc (REYN) Concludes at 29.67, a -1.56 Surge/Decline

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After finishing at $30.14 in the prior trading day, Reynolds Consumer Products Inc (NASDAQ: REYN) closed at $29.67, down -1.56%. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 0.55 million shares were traded. REYN stock price reached its highest trading level at $30.15 during the session, while it also had its lowest trading level at $29.655.

Ratios:

Our goal is to gain a better understanding of REYN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 61.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.91.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Mayrhofer Chris sold 13,000 shares for $32.00 per share. The transaction valued at 416,000 led to the insider holds 0 shares of the business.

Mayrhofer Chris sold 5,000 shares of REYN for $160,100 on Sep 13 ’24. The VP, Controller & CAO now owns 7,579 shares after completing the transaction at $32.02 per share. On Sep 13 ’24, another insider, CHRIS MAYRHOFER, who serves as the Officer of the company, bought 5,000 shares for $31.83 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 6234794496 and an Enterprise Value of 7973804032. As of this moment, Reynolds’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.27, and their Forward P/E ratio for the next fiscal year is 16.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 3.06. Its current Enterprise Value per Revenue stands at 2.152 whereas that against EBITDA is 11.424.

Stock Price History:

Over the past 52 weeks, REYN has reached a high of $32.65, while it has fallen to a 52-week low of $24.80. The 50-Day Moving Average of the stock is -2.57%, while the 200-Day Moving Average is calculated to be 3.43%.

Shares Statistics:

The stock has traded on average 636.70K shares per day over the past 3-months and 1429230 shares per day over the last 10 days, according to various share statistics. A total of 210.00M shares are outstanding, with a floating share count of 54.22M. Insiders hold about 74.20% of the company’s shares, while institutions hold 27.87% stake in the company. Shares short for REYN as of 1726185600 were 2330933 with a Short Ratio of 3.66, compared to 1723680000 on 2586067. Therefore, it implies a Short% of Shares Outstanding of 2330933 and a Short% of Float of 4.29.

Dividends & Splits

In the trailing 12 months, REYN’s forward annual dividend rate was 0.92, compared to 0.92 this year. Against a Trailing Annual Dividend Yield of 0.030524222

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