Karat Packaging Stock Forecast, Price & News

Karat Packaging (NASDAQ:KRT) Frequently Asked Questions

Is Karat Packaging a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Karat Packaging in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Karat Packaging stock.
View analyst ratings for Karat Packaging or view top-rated stocks.

What stocks does MarketBeat like better than Karat Packaging?

Wall Street analysts have given Karat Packaging a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Karat Packaging wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Karat Packaging's next earnings date?

Karat Packaging is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for Karat Packaging.

How were Karat Packaging's earnings last quarter?

Karat Packaging Inc. (NASDAQ:KRT) announced its quarterly earnings results on Thursday, August, 12th. The company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.17. The firm earned $94.53 million during the quarter, compared to the consensus estimate of $91.33 million.
View Karat Packaging's earnings history.

What guidance has Karat Packaging issued on next quarter's earnings?

Karat Packaging issued an update on its FY 2021 earnings guidance on Monday, October, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $365 million-$368 million, compared to the consensus revenue estimate of $368.04 million.

What price target have analysts set for KRT?

7 brokerages have issued 1-year price objectives for Karat Packaging's stock. Their forecasts range from $24.00 to $25.00. On average, they anticipate Karat Packaging's stock price to reach $24.33 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
View analysts' price targets for Karat Packaging or view top-rated stocks among Wall Street analysts.

Who are Karat Packaging's key executives?

Karat Packaging's management team includes the following people:

• Mr. Alan Yu, Chairman & CEO (Age 50)
• Ms. Ann T. Sabahat, Chief Financial Officer (Age 50)
• Ms. Joanne Wang, Chief Operating Officer (Age 48)
• Mr. Marvin Cheng, VP of Manufacturing, Sec. & Director (Age 51)

Who are some of Karat Packaging's key competitors?

Some companies that are related to Karat Packaging include Latham Group (SWIM), Tupperware Brands (TUP), Myers Industries (MYE), Core Molding Technologies (CMT), Armstrong Flooring (AFI), Deswell Industries (DSWL), Forward Industries (FORD), American Biltrite (ABLT), Trailblazer Resources (TBLZ), Flasr (FLSR) and Reunion Industries (RUNI).
View all of KRT's competitors.

When did Karat Packaging IPO?

(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.

What is Karat Packaging's stock symbol?

Karat Packaging trades on the NASDAQ under the ticker symbol "KRT."

When did Karat Packaging's lock-up period expire?

Karat Packaging's lock-up period expired on Tuesday, October 12th. Karat Packaging had issued 3,950,000 shares in its IPO on April 15th. The total size of the offering was $63,200,000 based on an initial share price of $16.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

How do I buy shares of Karat Packaging?

Shares of KRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Karat Packaging's stock price today?

One share of KRT stock can currently be purchased for approximately $22.96.

How much money does Karat Packaging make?

Karat Packaging has a market capitalization of $452.52 million.

How many employees does Karat Packaging have?

Karat Packaging employs 620 workers across the globe.

What is Karat Packaging's official website?

The official website for Karat Packaging is www.karatpackaging.com.

How can I contact Karat Packaging?

The company can be reached via phone at 626-965-8882 or via email at [email protected].