NASDAQ:KRT Karat Packaging (KRT) Stock Price, News & Analysis → Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share (From Colonial Metals) (Ad) Free KRT Stock Alerts $26.71 -2.23 (-7.71%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$25.82▼$28.0550-Day Range$25.93▼$29.6852-Week Range$14.74▼$30.94Volume51,376 shsAverage Volume30,670 shsMarket Capitalization$533.40 millionP/E Ratio18.05Dividend Yield4.49%Price Target$30.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Karat Packaging alerts: Email Address Karat Packaging MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.6% Upside$30.33 Price TargetShort InterestHealthy1.99% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 19 Articles This WeekInsider TradingN/AProj. Earnings Growth7.81%From $1.92 to $2.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.85 out of 5 starsIndustrial Products Sector63rd out of 169 stocksPlastics Products, Not Elsewhere Classified Industry4th out of 9 stocks 2.5 Analyst's Opinion Consensus RatingKarat Packaging has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageKarat Packaging has only been the subject of 2 research reports in the past 90 days.Read more about Karat Packaging's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.99% of the float of Karat Packaging has been sold short.Short Interest Ratio / Days to CoverKarat Packaging has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karat Packaging has recently decreased by 10.50%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKarat Packaging is a leading dividend payer. It pays a dividend yield of 4.15%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKarat Packaging has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Karat Packaging is 81.08%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Karat Packaging will have a dividend payout ratio of 57.97% next year. This indicates that Karat Packaging will be able to sustain or increase its dividend.Read more about Karat Packaging's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRT. Previous Next 2.4 News and Social Media Coverage News SentimentKarat Packaging has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Karat Packaging this week, compared to 2 articles on an average week.Search Interest5 people have searched for KRT on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Karat Packaging to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Karat Packaging insiders have not sold or bought any company stock.Percentage Held by Insiders71.50% of the stock of Karat Packaging is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 25.20% of the stock of Karat Packaging is held by institutions.Read more about Karat Packaging's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Karat Packaging are expected to grow by 7.81% in the coming year, from $1.92 to $2.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karat Packaging is 18.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Karat Packaging is 18.05, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.40.Price to Book Value per Share RatioKarat Packaging has a P/B Ratio of 3.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Karat Packaging's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About Karat Packaging Stock (NASDAQ:KRT)Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company also provides new product development, design, printing, and logistics services. It offers its products to national and regional distributors, restaurant chains, retail establishments, and online customers. The company was founded in 2000 and is based in Chino, California.Read More KRT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRT Stock News HeadlinesMay 11, 2024 | americanbankingnews.comKarat Packaging (NASDAQ:KRT) Shares Gap Down on Disappointing EarningsMay 10, 2024 | finance.yahoo.comKarat Packaging Inc. (KRT) Q1 2024 Earnings: Misses Analyst Revenue and EPS ProjectionsMay 11, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. May 10, 2024 | seekingalpha.comKarat Packaging: Shift In Business Model Could Be A Moat SourceMay 10, 2024 | finanznachrichten.deKarat Packaging Inc.: Karat Packaging Reports 2024 First Quarter Financial ResultsMay 9, 2024 | msn.comKarat Packaging Non-GAAP EPS of $0.40 misses by $0.05, revenue of $95.6M misses by $4.22MMay 9, 2024 | globenewswire.comKarat Packaging Reports 2024 First Quarter Financial ResultsMay 8, 2024 | msn.comKarat Packaging Q1 2024 Earnings PreviewMay 11, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. May 8, 2024 | msn.comKarat Packaging raises quarterly dividend by 16.7% to $0.35/shareMay 7, 2024 | globenewswire.comKarat Packaging Board Declares Increase in Quarterly Cash DividendMay 5, 2024 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Karat Packaging Inc.'s (NASDAQ:KRT) Stock?May 2, 2024 | americanbankingnews.comKarat Packaging (KRT) to Release Quarterly Earnings on ThursdayApril 25, 2024 | finance.yahoo.comKarat Packaging to Report 2024 First Quarter Financial Results and Host Conference Call on Thursday, May 9, 2024April 5, 2024 | finance.yahoo.comWhat Is Karat Packaging Inc.'s (NASDAQ:KRT) Share Price Doing?March 20, 2024 | finance.yahoo.comThe company that does job interviews for AmEx, Citi, and Walmart says you’ll miss out on the best candidates if you won’t meet people after-hoursMarch 16, 2024 | finance.yahoo.comKarat Packaging Full Year 2023 Earnings: EPS Misses ExpectationsMarch 15, 2024 | seekingalpha.comKarat Packaging Inc. (KRT) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | finance.yahoo.comKarat Packaging Inc. (NASDAQ:KRT) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | finanznachrichten.deKarat Packaging Inc.: Karat Packaging Reports Fourth Quarter and Full Year 2023 Financial ResultsMarch 15, 2024 | msn.comKRT Stock Earnings: Karat Packaging Misses EPS, Beats Revenue for Q4 2023March 14, 2024 | benzinga.comKarat Packaging: Q4 Earnings InsightsMarch 14, 2024 | msn.comKarat Packaging Non-GAAP EPS of $0.24 misses by $0.21, revenue of $95.58M in-lineMarch 14, 2024 | finance.yahoo.comKarat Packaging Inc (KRT) Reports Record Gross Margin and Net Income for Full Year 2023March 14, 2024 | globenewswire.comKarat Packaging Reports Fourth Quarter and Full Year 2023 Financial ResultsMarch 13, 2024 | benzinga.comKarat Packaging's Earnings: A PreviewMarch 11, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Genesco (GCO) and Karat Packaging Inc (KRT)See More Headlines Receive KRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Karat Packaging and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/29 Dividend2/20/2024Dividend Payable2/29/2024Last Earnings5/09/2024Today5/11/2024Ex-Dividend for 5/24 Dividend5/16/2024Dividend Payable5/24/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Plastics products, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:KRT CUSIPN/A CIK1758021 Webwww.karatpackaging.com Phone626-965-8882FaxN/AEmployees778Year FoundedN/APrice Target and Rating Average Stock Price Target$30.33 High Stock Price Target$33.00 Low Stock Price Target$26.00 Potential Upside/Downside+13.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.48 Trailing P/E Ratio18.05 Forward P/E Ratio13.91 P/E GrowthN/ANet Income$32.47 million Net Margins7.31% Pretax Margin10.60% Return on Equity21.82% Return on Assets12.75% Debt Debt-to-Equity Ratio0.30 Current Ratio3.49 Quick Ratio1.88 Sales & Book Value Annual Sales$405.65 million Price / Sales1.31 Cash Flow$2.38 per share Price / Cash Flow11.22 Book Value$8.15 per share Price / Book3.28Miscellaneous Outstanding Shares19,970,000Free Float5,692,000Market Cap$533.40 million OptionableNot Optionable Beta1.06 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Alan Yu (Age 54)Chairman & CEO Comp: $270kMs. Jian Guo (Age 45)CFO & Director Comp: $350kDaniel QuireChief Revenue OfficerMr. Marvin Cheng (Age 55)VP of Manufacturing & Secretary Comp: $240kKey CompetitorsMyers IndustriesNYSE:MYEIturan Location and ControlNASDAQ:ITRNEnnisNYSE:EBFTitan InternationalNYSE:TWIDigimarcNASDAQ:DMRCView All CompetitorsInsiders & InstitutionsHillsdale Investment Management Inc.Sold 1,500 shares on 5/11/2024Ownership: 0.024%Vanguard Group Inc.Bought 2,804 shares on 5/10/2024Ownership: 1.746%Acadian Asset Management LLCBought 27,370 shares on 5/10/2024Ownership: 1.311%Sei Investments Co.Sold 12,437 shares on 5/7/2024Ownership: 0.289%SG Americas Securities LLCBought 4,004 shares on 5/7/2024Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions KRT Stock Analysis - Frequently Asked Questions Should I buy or sell Karat Packaging stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Karat Packaging in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRT shares. View KRT analyst ratings or view top-rated stocks. What is Karat Packaging's stock price target for 2024? 3 brokers have issued 12 month price objectives for Karat Packaging's shares. Their KRT share price targets range from $26.00 to $33.00. On average, they anticipate the company's stock price to reach $30.33 in the next year. This suggests a possible upside of 13.6% from the stock's current price. View analysts price targets for KRT or view top-rated stocks among Wall Street analysts. How have KRT shares performed in 2024? Karat Packaging's stock was trading at $24.85 on January 1st, 2024. Since then, KRT stock has increased by 7.5% and is now trading at $26.71. View the best growth stocks for 2024 here. When is Karat Packaging's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our KRT earnings forecast. How were Karat Packaging's earnings last quarter? Karat Packaging Inc. (NASDAQ:KRT) issued its earnings results on Thursday, May, 9th. The company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.04. The firm had revenue of $95.61 million for the quarter, compared to the consensus estimate of $99.76 million. Karat Packaging had a trailing twelve-month return on equity of 21.82% and a net margin of 7.31%. During the same period last year, the firm posted $0.45 EPS. How often does Karat Packaging pay dividends? What is the dividend yield for Karat Packaging? Karat Packaging declared a quarterly dividend on Tuesday, May 7th. Investors of record on Friday, May 17th will be given a dividend of $0.35 per share on Friday, May 24th. This represents a $1.40 annualized dividend and a yield of 5.24%. The ex-dividend date is Thursday, May 16th. This is an increase from the stock's previous quarterly dividend of $0.30. Read our dividend analysis for KRT. Is Karat Packaging a good dividend stock? Karat Packaging (NASDAQ:KRT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.15%. KRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 81.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KRT will have a dividend payout ratio of 57.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KRT. What guidance has Karat Packaging issued on next quarter's earnings? Karat Packaging issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $438.1 million-$466.5 million, compared to the consensus revenue estimate of $450.0 million. When did Karat Packaging IPO? Karat Packaging (KRT) raised $76 million in an IPO on Thursday, April 15th 2021. The company issued 4,000,000 shares at a price of $18.00-$20.00 per share. Stifel, William Blair, Truist Securities, National Securities Corp. and D.A. Davidson & Co. served as the underwriters for the IPO. Who are Karat Packaging's major shareholders? Karat Packaging's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.75%), Wasatch Advisors LP (1.63%), Acadian Asset Management LLC (1.31%), Los Angeles Capital Management LLC (0.44%), Rice Hall James & Associates LLC (0.42%) and Sei Investments Co. (0.29%). Insiders that own company stock include Alan Yu, Daniel Quire, Eve Yen, Jian Guo, Joanne Tzu Jung Wang and Marvin Cheng. View institutional ownership trends. How do I buy shares of Karat Packaging? Shares of KRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:KRT) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldGold Set to EXPLODE!Gold Safe ExchangeProtect Your Bank Account Before It’s Too LateWeiss RatingsElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Karat Packaging Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.