NASDAQ:KRT Karat Packaging (KRT) Stock Price, News & Analysis $24.24 0.00 (0.00%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$23.86▼$24.3650-Day Range$23.84▼$30.3552-Week Range$17.23▼$30.94Volume40,350 shsAverage Volume46,589 shsMarket Capitalization$484.19 millionP/E Ratio16.38Dividend Yield5.78%Price Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Karat Packaging alerts: Email Address Karat Packaging MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside23.8% Upside$30.00 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.86Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth5.43%From $1.84 to $1.94 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.2.81 out of 5 starsIndustrial Products Sector105th out of 165 stocksPlastics Products, Not Elsewhere Classified Industry8th out of 9 stocks 2.3 Analyst's Opinion Consensus RatingKarat Packaging has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageKarat Packaging has only been the subject of 1 research reports in the past 90 days.Read more about Karat Packaging's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.29% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karat Packaging has recently increased by 1.26%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipKarat Packaging is a leading dividend payer. It pays a dividend yield of 5.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKarat Packaging does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Karat Packaging is 94.59%. 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 72.16% 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 2.7 News and Social Media Coverage News SentimentKarat Packaging has a news sentiment score of 0.86. 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 higher news sentiment than the 0.73 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Karat Packaging this week, compared to 2 articles on an average week.Search Interest8 people have searched for KRT on MarketBeat in the last 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 Insiders66.10% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Karat Packaging are expected to grow by 5.43% in the coming year, from $1.84 to $1.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karat Packaging is 16.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Karat Packaging is 16.38, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.66.Price to Book Value per Share RatioKarat Packaging has a P/B Ratio of 2.96. P/B Ratios below 3 indicates that a company is reasonably valued 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 DTIHow a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…Click now to see for yourself what $0.25 Cent Trades is all about 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 HeadlinesSeptember 1, 2024 | americanbankingnews.comKarat Packaging (NASDAQ:KRT) Sees Unusually-High Trading VolumeAugust 28, 2024 | finance.yahoo.comKarat Packaging to Present at Lake Street’s 8th Annual Best Ideas Growth Conference, September 12September 7, 2024 | WealthPress (Ad)This indicator is great for calling bottoms“It was designed to help boost your chances of finding rock solid trade ideas” It’s called the “Master Indicator” And it’s quite possibly one of the most useful indicators you’ll ever use.August 28, 2024 | globenewswire.comKarat Packaging to Present at Lake Street's 8th Annual Best Ideas Growth Conference, September 12August 26, 2024 | uk.finance.yahoo.comQ2 Earnings Outperformers: Karat Packaging (NASDAQ:KRT) And The Rest Of The Specialty Equipment Distributors StocksAugust 12, 2024 | finance.yahoo.comKarat Packaging Second Quarter 2024 Earnings: Misses ExpectationsAugust 9, 2024 | msn.comTruist Securities Downgrades Karat Packaging (KRT)August 9, 2024 | finanznachrichten.deKarat Packaging Inc.: Karat Packaging Reports 2024 Second Quarter Financial ResultsSeptember 7, 2024 | WealthPress (Ad)This indicator is great for calling bottoms“It was designed to help boost your chances of finding rock solid trade ideas” It’s called the “Master Indicator” And it’s quite possibly one of the most useful indicators you’ll ever use.August 9, 2024 | markets.businessinsider.comKRT Stock Earnings: Karat Packaging Misses EPS, Misses Revenue for Q2 2024August 9, 2024 | finance.yahoo.comKarat Packaging (NASDAQ:KRT) Misses Q2 Revenue EstimatesAugust 8, 2024 | globenewswire.comKarat Packaging Reports 2024 Second Quarter Financial ResultsAugust 7, 2024 | globenewswire.comKarat Packaging Board Declares Special Cash Dividend and Regular Quarterly Cash DividendAugust 7, 2024 | finance.yahoo.comKarat Packaging Earnings: What To Look For From KRTJuly 25, 2024 | globenewswire.comKarat Packaging to Report 2024 Second Quarter Financial Results and Host Conference Call on Thursday, August 8, 2024July 21, 2024 | ca.finance.yahoo.comTITN Nov 2024 22.500 callJuly 19, 2024 | finance.yahoo.comSpecialty Equipment Distributors Stocks Q1 Highlights: Karat Packaging (NASDAQ:KRT)July 6, 2024 | investorplace.com7 Small-Cap Stocks With Massive Potential ReturnsSee 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 Last Earnings8/08/2024Ex-Dividend for 8/30 Dividend8/21/2024Dividend Payable8/30/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Plastics products, not elsewhere classified Sub-IndustryRubber And Plastic Products Current SymbolNASDAQ:KRT CUSIPN/A CIK1758021 Webwww.karatpackaging.com Phone626-965-8882FaxN/AEmployees680Year FoundedN/APrice Target and Rating Average Stock Price Target$30.00 High Stock Price Target$32.00 Low Stock Price Target$28.00 Potential Upside/Downside+23.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.48 Trailing P/E Ratio16.38 Forward P/E Ratio13.17 P/E GrowthN/ANet Income$32.47 million Net Margins6.90% Pretax Margin9.16% Return on Equity19.79% Return on Assets11.25% Debt Debt-to-Equity Ratio0.29 Current Ratio3.05 Quick Ratio1.62 Sales & Book Value Annual Sales$409.32 million Price / Sales1.18 Cash Flow$2.47 per share Price / Cash Flow9.82 Book Value$8.19 per share Price / Book2.96Miscellaneous Outstanding Shares19,975,000Free Float6,772,000Market Cap$484.19 million OptionableNot Optionable Beta1.03 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: $300kMs. Jian Guo (Age 45)CFO & Director Comp: $357.5kMr. Daniel Quire (Age 42)Chief Revenue Officer Comp: $907.57kMr. Marvin Cheng (Age 55)VP of Manufacturing & Secretary Comp: $240kKey CompetitorsClearwater PaperNYSE:CLWEnnisNYSE:EBFLatham GroupNASDAQ:SWIMLightwave LogicNASDAQ:LWLGTredegarNYSE:TGView All CompetitorsInsiders & InstitutionsAQR Capital Management LLCBought 32,069 shares on 8/15/2024Ownership: 0.586%Sei Investments Co.Sold 7,097 shares on 8/13/2024Ownership: 0.254%Dimensional Fund Advisors LPBought 3,397 shares on 8/9/2024Ownership: 0.608%Renaissance Technologies LLCBought 2,700 shares on 8/9/2024Ownership: 0.168%Rice Hall James & Associates LLCSold 2,855 shares on 8/8/2024Ownership: 0.402%View All Insider TransactionsView All Institutional Transactions KRT Stock Analysis - Frequently Asked Questions How have KRT shares performed this year? Karat Packaging's stock was trading at $24.85 at the beginning of the year. Since then, KRT shares have decreased by 2.5% and is now trading at $24.24. View the best growth stocks for 2024 here. How were Karat Packaging's earnings last quarter? Karat Packaging Inc. (NASDAQ:KRT) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.11. The company had revenue of $112.60 million for the quarter, compared to the consensus estimate of $114.03 million. Karat Packaging had a trailing twelve-month return on equity of 19.79% and a net margin of 6.90%. When did Karat Packaging IPO? Karat Packaging (KRT) raised $76 million in an initial public offering 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. acted as the underwriters for the IPO. Who are Karat Packaging's major shareholders? Karat Packaging's top institutional shareholders include Acadian Asset Management LLC (1.42%), American Century Companies Inc. (1.31%), Bank of New York Mellon Corp (0.85%) and Dimensional Fund Advisors LP (0.61%). Insiders that own company stock include Alan Yu, Marvin Cheng, Joanne Tzu Jung Wang, Daniel Quire, Eve Yen and Jian Guo. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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