Reynolds Consumer Products: Assessing Total Return Potential

Individual Trader
17.84K Followers

Summary

  • Reynolds Consumer Products Inc. earnings were in-line in Q2 but sales came in softer than expected.
  • REYN pays out a 3.2% dividend yield which is well covered by earnings over the past four quarters.
  • We look at REYN´s profitability trends and valuation to see if shares can punch through overhead resistance.

High Price Low Value Scale Business Concept

IvelinRadkov

Intro

If we look at a technical chart of Reynolds Consumer Products Inc. (NASDAQ:REYN), we can see that shares, for the most part, have traded in a range (with the exception of this year's June lows) between approximately $26 a share and $31

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This article was written by

Individual Trader
17.84K Followers
Individual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. Risk management is controlled through position sizing & the use of trailing stop losses over time.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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