RCP's mission is to simplify daily life so consumers can enjoy what matters most. RCP is a market-leading consumer products company with a presence in 95% of households across the United States. RCP produces and sells products across three broad categories: cooking products, waste & storage products and tableware that are sold under iconic brands such as Reynolds and Hefty, as well as under store brands that are strategically important to RCP's customers. Overall, across both branded and store brand offerings, RCP holds the #1 or #2 U.S. market share position in the majority of product categories in which it participates.
Company profile
Ticker
REYN
Exchange
Website
CEO
Lance Mitchell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Reynolds Consumer Products Canada Inc. • Reynolds Consumer Products Holdings LLC • Reynolds Consumer Products LLC • Reynolds International Services LLC • Reynolds Manufacturing, Inc. • Reynolds Presto Products Inc. • Trans Western Polymers, Inc. ...
IRS number
453464426
REYN stock data
Analyst ratings and price targets
Current price
Average target
$32.33
Low target
$30.00
High target
$35.00
Credit Suisse
Downgraded
$32.00
RBC Capital
Downgraded
$30.00
JP Morgan
Maintains
$35.00
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
Reynolds Consumer Products Reports Third Quarter 2022 Financial Results
8 Nov 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Reynolds Consumer Products Reports Second Quarter 2022 Financial Results
9 Aug 22
S-3ASR
Automatic shelf registration
23 May 22
10-Q
2022 Q1
Quarterly report
10 May 22
8-K
Reynolds Consumer Products Reports First Quarter Financial Results
10 May 22
8-K
Submission of Matters to a Vote of Security Holders
28 Apr 22
DEFA14A
Additional proxy soliciting materials
15 Mar 22
DEF 14A
Definitive proxy
15 Mar 22
Transcripts
REYN
Earnings call transcript
2022 Q1
10 May 22
REYN
Earnings call transcript
2021 Q4
9 Feb 22
REYN
Earnings call transcript
2021 Q3
7 Nov 21
REYN
Earnings call transcript
2021 Q2
3 Aug 21
REYN
Earnings call transcript
2021 Q1
8 May 21
REYN
Earnings call transcript
2020 Q4
10 Feb 21
REYN
Earnings call transcript
2020 Q3
11 Nov 20
REYN
Earnings call transcript
2020 Q2
9 Aug 20
REYN
Earnings call transcript
2019 Q4
10 Mar 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 33.00 mm | 33.00 mm | 33.00 mm | 33.00 mm | 33.00 mm | 33.00 mm |
| Cash burn (monthly) | 22.67 mm | 3.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 96.94 mm | 13.19 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -63.94 mm | 19.81 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -2.8 | 6.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2022
| 13F holders | Current |
|---|---|
| Total holders | 174 |
| Opened positions | 28 |
| Closed positions | 32 |
| Increased positions | 80 |
| Reduced positions | 46 |
| 13F shares | Current |
|---|---|
| Total value | 6.38 bn |
| Total shares | 213.41 mm |
| Total puts | 15.00 k |
| Total calls | 27.70 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Packaging Finance | 155.46 mm | $4.67 bn |
| Allspring Global Investments | 12.79 mm | $375.13 mm |
| T. Rowe Price | 9.80 mm | $287.66 mm |
| FMR | 5.76 mm | $168.89 mm |
| Vanguard | 5.27 mm | $154.58 mm |
| Fuller & Thaler Asset Management | 2.80 mm | $82.01 mm |
| BLK Blackrock | 2.29 mm | $67.08 mm |
| Clearbridge Advisors | 1.41 mm | $41.23 mm |
| London Co Of Virginia | 1.10 mm | $32.38 mm |
| Geode Capital Management | 870.68 k | $25.55 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Feb 23 | Judith K. Buckner | Common Stock | Payment of exercise | Dispose F | No | No | 29.77 | 1,005 | 29.92 k | 11,469 |
| 1 Feb 23 | Judith K. Buckner | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,555 | 0.00 | 12,474 |
| 1 Feb 23 | Judith K. Buckner | Common Stock | Payment of exercise | Dispose F | No | No | 29.77 | 842 | 25.07 k | 8,919 |
| 1 Feb 23 | Judith K. Buckner | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,758 | 0.00 | 9,761 |
| 1 Feb 23 | Judith K. Buckner | RSU Common Stock | Grant | Acquire A | No | No | 0 | 11,892 | 0.00 | 11,892 |
| 1 Feb 23 | Judith K. Buckner | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,555 | 0.00 | 7,108 |
| 1 Feb 23 | Judith K. Buckner | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,758 | 0.00 | 2,758 |
| 1 Feb 23 | Rita Fisher | Common Stock | Payment of exercise | Dispose F | No | No | 29.77 | 728 | 21.67 k | 9,388 |
| 1 Feb 23 | Rita Fisher | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,255 | 0.00 | 10,116 |
| 1 Feb 23 | Rita Fisher | Common Stock | Payment of exercise | Dispose F | No | No | 29.77 | 549 | 16.34 k | 7,861 |
News
Benzinga's Top Ratings Upgrades, Downgrades For January 17, 2023
17 Jan 23
Credit Suisse Downgrades Reynolds Consumer to Neutral, Lowers Price Target to $32
17 Jan 23
RBC Capital Downgrades Reynolds Consumer to Sector Perform, Announces $30 Price Target
3 Jan 23
JP Morgan Maintains Overweight on Reynolds Consumer, Raises Price Target to $35
13 Dec 22
Reynolds Consumer's Return on Invested Capital Insights
6 Dec 22