KRT vs. MYE, EBF, SWIM, CLW, TG, TUP, DSWL, NCL, FORD, and ENTG
Should you be buying Karat Packaging stock or one of its competitors? The main competitors of Karat Packaging include Myers Industries (MYE), Ennis (EBF), Latham Group (SWIM), Clearwater Paper (CLW), Tredegar (TG), Tupperware Brands (TUP), Deswell Industries (DSWL), Northann (NCL), Forward Industries (FORD), and Entegris (ENTG).
Myers Industries (NYSE:MYE) and Karat Packaging (NASDAQ:KRT) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, risk, dividends, media sentiment, profitability, community ranking, valuation, earnings and institutional ownership.
Myers Industries has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500. Comparatively, Karat Packaging has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500.
Karat Packaging has a net margin of 7.31% compared to Karat Packaging's net margin of 4.90%. Myers Industries' return on equity of 21.94% beat Karat Packaging's return on equity.
In the previous week, Myers Industries had 4 more articles in the media than Karat Packaging. MarketBeat recorded 6 mentions for Myers Industries and 2 mentions for Karat Packaging. Myers Industries' average media sentiment score of 1.59 beat Karat Packaging's score of -0.14 indicating that Karat Packaging is being referred to more favorably in the news media.
Myers Industries received 210 more outperform votes than Karat Packaging when rated by MarketBeat users. However, 63.33% of users gave Karat Packaging an outperform vote while only 59.17% of users gave Myers Industries an outperform vote.
90.8% of Myers Industries shares are held by institutional investors. Comparatively, 25.2% of Karat Packaging shares are held by institutional investors. 1.4% of Myers Industries shares are held by company insiders. Comparatively, 66.1% of Karat Packaging shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Myers Industries pays an annual dividend of $0.54 per share and has a dividend yield of 3.4%. Karat Packaging pays an annual dividend of $1.40 per share and has a dividend yield of 4.9%. Myers Industries pays out 50.9% of its earnings in the form of a dividend. Karat Packaging pays out 94.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Karat Packaging has raised its dividend for 1 consecutive years. Karat Packaging is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Myers Industries currently has a consensus target price of $30.00, indicating a potential upside of 89.87%. Karat Packaging has a consensus target price of $30.33, indicating a potential upside of 6.28%. Given Karat Packaging's higher probable upside, equities analysts plainly believe Myers Industries is more favorable than Karat Packaging.
Myers Industries has higher revenue and earnings than Karat Packaging. Myers Industries is trading at a lower price-to-earnings ratio than Karat Packaging, indicating that it is currently the more affordable of the two stocks.
Summary
Karat Packaging beats Myers Industries on 12 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding KRT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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