Karat Packaging (NASDAQ:KRT – Get Rating) is one of 21 public companies in the “Plastics products, not elsewhere classified” industry, but how does it weigh in compared to its competitors? We will compare Karat Packaging to related companies based on the strength of its valuation, institutional ownership, risk, analyst recommendations, profitability, earnings and dividends.
Insider & Institutional 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 company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This is a breakdown of current recommendations 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||674||794||41||2.47|
Karat Packaging currently has a consensus target price of $26.00, suggesting a potential upside of 34.72%. As a group, “Plastics products, not elsewhere classified” companies have a potential upside of 39.07%. Given Karat Packaging’s competitors higher possible upside, analysts clearly believe Karat Packaging has less favorable growth aspects than its competitors.
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%|
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||17.71|
|Karat Packaging Competitors||$2.32 billion||$139.30 million||17.20|
Karat Packaging’s competitors have higher revenue and earnings than Karat Packaging. Karat Packaging is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Karat Packaging Company Profile (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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