Bustling Stock in Focus: Reynolds American Inc. (NYSE:RAI)

Paterniano Del Favero
Luglio 20, 2017

Reynolds American Inc. has a quick ratio of 0.6 measuring its ability to meet its short term obligations with its most liquid assets. Baystate Wealth Management LLC now owns 3,075 shares of the company's stock worth $197,000 after buying an additional 50 shares during the last quarter. For now, RAI is the toast of Wall Street as its ABR stands at 2.90 with 0 out of 11 analysts rating the stock a buy.

Reynolds American Inc (NYSE:RAI) opened its previous trading session at $65.03 later Declining -0.4% to close its trade at a share price of $65.

As of now, the increased share price of Reynolds American Inc. makes it a lucrative buy for investors.

Equity research analysts have given opinions on where they foresees the stock level.

Diluted EPS for trailing twelve months is 2.31 and Quarterly Earnings Growth year over year is -78.1 Percent. For the quarter, shares have been noted at 1.50%. Renaissance Technologies LLC now owns 5,514,535 shares of the company's stock valued at $347,526,000 after buying an additional 5,503,235 shares during the period. The 50 day moving average was down $-0.23 or -0.34% and the 200 day average went up $2.62 or +4.17%. State of Alaska Department of Revenue boosted its stake in shares of Reynolds American by 6.3% in the second quarter. Guardian Life Insurance Co. of America now owns 3,190 shares of the company's stock worth $201,000 after buying an additional 22 shares during the last quarter. Reynolds American Inc has a 1-year low of $43.38 and a 1-year high of $67.81. The third largest holder is State Street Corp, which now holds $2.16 billion worth of this stock and that ownership represents almost 2.36% of its market capitalization. The company reported $0.56 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.01.

Reynolds American Inc.'s ROI is valued at 19.90% relatively measuring the profitability on the investment. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. During the same quarter in the prior year, the company earned $0.50 EPS. The firm's revenue for the quarter was up 1.1% on a year-over-year basis. On average, equities research analysts anticipate that Reynolds American Inc will post $2.54 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Shareholders of record on Monday, June 12th were issued a $0.51 dividend. The dividend yield was $3.11.

The Target Price for Reynolds American Inc (NYSE:RAI) is $62.86/share according to the consensus analysis of analysts working on the stock. Reynolds American's dividend payout ratio is now 88.31%. The ex-dividend date of this dividend was Thursday, June 8th. Finally, Piper Jaffray Companies assumed coverage on Reynolds American in a research report on Thursday, May 25th. The stock presently has an average rating of "Hold" and an average target price of $59.82.

Fundamentalists and value investors are seeing the low ratio of 7.31 as more positive - demonstrating that the company has a great deal of revenue with a fair price. BidaskClub cut shares of Reynolds American from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 10th. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and worldwide copyright & trademark laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/07/19/reynolds-american-inc-nyserai-stake-held-by-british-american-tobacco-p-l-c.html. Vanguard Group Inc owns $3.8 billion in Reynolds American Inc., which represents roughly 4.15% of the company's market cap and approximately 8.84% of the institutional ownership. Jefferies Group LLC set a $60.00 price objective on Reynolds American and gave the company a "hold" rating in a research report on Monday. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The RJR Tobacco segment consists of the primary operations of its subsidiary, R. J. Reynolds Tobacco Company.

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