Karat Packaging Stock Forecast, Price & News

Karat Packaging (NASDAQ:KRT) Frequently Asked Questions

Is Karat Packaging a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Karat Packaging in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Karat Packaging stock.
View analyst ratings for Karat Packaging or view top-rated stocks.

When is Karat Packaging's next earnings date?

Karat Packaging is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for Karat Packaging.

How were Karat Packaging's earnings last quarter?

Karat Packaging Inc. (NASDAQ:KRT) posted its earnings results on Thursday, November, 11th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.14. The firm had revenue of $102.71 million for the quarter, compared to analyst estimates of $102.09 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 Thursday, December, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $366 million-$369 million, compared to the consensus revenue estimate of $367.14 million.

What price target have analysts set for KRT?

5 Wall Street analysts have issued 12 month target prices for Karat Packaging's stock. Their forecasts range from $24.00 to $25.00. On average, they expect Karat Packaging's stock price to reach $24.25 in the next year. This suggests a possible upside of 39.7% 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 Tupperware Brands (TUP), Myers Industries (MYE), Core Molding Technologies (CMT), Deswell Industries (DSWL), Armstrong Flooring (AFI), 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 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. ​ 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."

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 $17.36.

How much money does Karat Packaging make?

Karat Packaging has a market capitalization of $342.15 million.

How many employees does Karat Packaging have?

Karat Packaging employs 2,021 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 email at [email protected].