NASDAQ:KRT Karat Packaging (KRT) Stock Price, News & Analysis $29.49 +0.60 (+2.08%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$28.85▼$29.7250-Day Range$27.00▼$30.3552-Week Range$17.23▼$30.94Volume47,717 shsAverage Volume43,738 shsMarket Capitalization$589.21 millionP/E Ratio19.93Dividend Yield4.75%Price Target$30.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Karat Packaging alerts: Email Address Karat Packaging MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2.9% Upside$30.33 Price TargetShort InterestHealthy1.68% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.79Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth6.15%From $1.95 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.2.59 out of 5 starsIndustrial Products Sector121st out of 172 stocksPlastics Products, Not Elsewhere Classified Industry8th out of 10 stocks 1.5 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 received no research coverage 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 Shorted1.68% 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 2.9, 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 10.55%, 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 4.85%, 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 67.63% 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 3.2 News and Social Media Coverage News SentimentKarat Packaging has a news sentiment score of 0.79. 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 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Karat Packaging this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Karat Packaging to their MarketBeat watchlist 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Karat Packaging are expected to grow by 6.15% in the coming year, from $1.95 to $2.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karat Packaging is 19.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Karat Packaging is 19.93, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.35.Price to Book Value per Share RatioKarat Packaging has a P/B Ratio of 3.62. 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 Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are 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 HeadlinesJuly 25 at 8:05 AM | 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 27, 2024 | Stansberry Research (Ad)Get out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."July 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 ReturnsMay 29, 2024 | benzinga.comThese 3 Industrials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Deluxe (NYSE:DLX)May 21, 2024 | globenewswire.comKarat Packaging to Participate in Two June Investor ConferencesMay 13, 2024 | finance.yahoo.comKarat Packaging Inc. (NASDAQ:KRT) Q1 2024 Earnings Call TranscriptJuly 27, 2024 | Stansberry Research (Ad)Get out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."May 12, 2024 | finance.yahoo.comKarat Packaging First Quarter 2024 Earnings: Misses ExpectationsMay 10, 2024 | finance.yahoo.comKarat Packaging Inc. (KRT) Q1 2024 Earnings: Misses Analyst Revenue and EPS ProjectionsMay 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 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 DividendSee 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 Earnings5/09/2024Ex-Dividend for 5/24 Dividend5/16/2024Dividend Payable5/24/2024Today7/26/2024Next Earnings (Confirmed)8/08/2024Fiscal 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+2.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.48 Trailing P/E Ratio19.93 Forward P/E Ratio15.12 P/E GrowthN/ANet Income$32.47 million Net Margins7.31% Pretax Margin9.72% Return on Equity21.94% Return on Assets12.77% Debt Debt-to-Equity Ratio0.30 Current Ratio3.33 Quick Ratio1.69 Sales & Book Value Annual Sales$405.46 million Price / Sales1.45 Cash Flow$2.68 per share Price / Cash Flow10.99 Book Value$8.15 per share Price / Book3.62Miscellaneous Outstanding Shares19,975,000Free Float6,772,000Market Cap$589.06 million OptionableNot Optionable Beta1.06 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsEnnisNYSE:EBFMyers IndustriesNYSE:MYELatham GroupNASDAQ:SWIMClearwater PaperNYSE:CLWTredegarNYSE:TGView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 4,408 shares on 7/26/2024Ownership: 0.852%Allspring Global Investments Holdings LLCBought 39,292 shares on 7/26/2024Ownership: 0.197%Bailard Inc.Bought 3,500 shares on 7/26/2024Ownership: 0.085%Harel Insurance Investments & Financial Services Ltd.Bought 1,800 shares on 7/22/2024Ownership: 0.009%Gladius Capital Management LPBought 1,125 shares on 7/19/2024Ownership: 0.006%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 2024. Since then, KRT stock has increased by 18.7% and is now trading at $29.49. View the best growth stocks for 2024 here. How were Karat Packaging's earnings last quarter? Karat Packaging Inc. (NASDAQ:KRT) released 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 company had revenue of $95.61 million for the quarter, compared to analysts' expectations of $99.76 million. Karat Packaging had a trailing twelve-month return on equity of 21.94% and a net margin of 7.31%. 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? Top institutional shareholders of Karat Packaging include Bank of New York Mellon Corp (0.85%), Allspring Global Investments Holdings LLC (0.20%), Ellsworth Advisors LLC (0.10%) and Bailard Inc. (0.08%). 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 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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