On December 19, 2024, Rolf Stangl, a Director at Reynolds Consumer Products Inc (REYN, Financial), purchased 3,682 shares of the company, according to a SEC Filing. This transaction brings the insider's total ownership to 10,889 shares.
Reynolds Consumer Products Inc is known for its household products, including aluminum foil, waste bags, and disposable tableware. The company operates under well-known brands such as Reynolds Wrap, Hefty, and Alcan.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been three insider buys and one insider sell. This activity may indicate confidence in the company's future prospects.
On the day of the purchase, shares of Reynolds Consumer Products Inc were trading at $27.50, giving the stock a market cap of $5.77 billion. The company's price-earnings ratio stands at 15.69, which is lower than the industry median of 18.43 and below the company's historical median.
The stock's GF Value is estimated at $27.59, resulting in a price-to-GF-Value ratio of 1, suggesting that the stock is fairly valued.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
