Reynolds Consumer Products is a consumer products company. Co. manages its operations in four segments: Reynolds Cooking and Baking, which produces branded and store brand foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners; Hefty Waste and Storage, which produces both branded and store brand trash and food storage bags; Hefty Tableware, which sells branded and store brand disposable and compostable plates, bowls, platters, cups and cutlery; and Presto Products, which sells store brand products in four main categories, food storage bags, trash bags, reusable storage containers and plastic wrap. We show 18 historical shares outstanding datapoints in our REYN shares outstanding history coverage, used to compute REYN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing REYN market cap history over the course of time is important for investors
interested in comparing REYN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of REYN versus a peer is one thing; comparing
REYN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like REYN can fluctuate over the course of history.
With this page we aim to empower investors researching REYN by allowing them to research the REYN market cap history. |
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Video: The Importance of Market Cap
