Karat Packaging (NASDAQ:KRT – Get Rating) is one of 21 publicly-traded companies in the “Plastics products, not elsewhere classified” industry, but how does it compare to its competitors? We will compare Karat Packaging to related businesses based on the strength of its earnings, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.
Institutional & Insider Ownership
20.7% of Karat Packaging shares are held by institutional investors. Comparatively, 72.5% of shares of all “Plastics products, not elsewhere classified” companies are held by institutional investors. 8.0% of shares of all “Plastics products, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
This is a summary of recent ratings for Karat Packaging and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Karat Packaging Competitors||116||672||792||41||2.47|
Karat Packaging currently has a consensus target price of $26.00, indicating a potential upside of 42.86%. As a group, “Plastics products, not elsewhere classified” companies have a potential upside of 39.40%. Given Karat Packaging’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Karat Packaging is more favorable than its competitors.
Valuation and Earnings
This table compares Karat Packaging and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Karat Packaging||$364.24 million||$20.78 million||16.70|
|Karat Packaging Competitors||$2.32 billion||$139.30 million||17.23|
Karat Packaging’s competitors have higher revenue and earnings than Karat Packaging. Karat Packaging is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares Karat Packaging and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Karat Packaging Competitors||3.94%||3.26%||5.07%|
About Karat Packaging (Get Rating)
Karat Packaging Inc. manufactures and distributes 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 offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.
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