NASDAQ:KRT Karat Packaging (KRT) Stock Price, News & Analysis → Move Your Money Before May 1 (From Stansberry Research) (Ad) Free KRT Stock Alerts $27.31 +0.25 (+0.92%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$27.06▼$27.5550-Day Range$25.93▼$30.1052-Week Range$13.43▼$30.94Volume21,724 shsAverage Volume47,819 shsMarket Capitalization$545.38 millionP/E Ratio16.86Dividend Yield4.39%Price Target$30.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Karat Packaging alerts: Email Address Karat Packaging MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside10.2% Upside$30.33 Price TargetShort InterestHealthy2.23% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.01Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth7.81%From $1.92 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.3.55 out of 5 starsIndustrial Products Sector95th out of 171 stocksPlastics Products, Not Elsewhere Classified Industry8th out of 10 stocks 2.5 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 only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.23% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karat Packaging has recently increased by 32.16%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipKarat Packaging is a leading dividend payer. It pays a dividend yield of 4.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKarat Packaging has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Karat Packaging is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Karat Packaging will have a dividend payout ratio of 57.97% next year. This indicates that Karat Packaging will be able to sustain or increase its 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 2.2 News and Social Media Coverage News SentimentKarat Packaging has a news sentiment score of 0.01. 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 lower news sentiment than the 0.37 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Karat Packaging this week, compared to 1 article on an average week.Search Interest4 people have searched for KRT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Karat Packaging to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 Insiders71.50% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Karat Packaging are expected to grow by 7.81% in the coming year, from $1.92 to $2.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karat Packaging is 16.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Karat Packaging is 16.99, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.99.Price to Book Value per Share RatioKarat Packaging has a P/B Ratio of 3.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchMove Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. Here's where Dr. David Eifrig says to move your money immediately. 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 HeadlinesApril 25, 2024 | finance.yahoo.comKarat Packaging to Report 2024 First Quarter Financial Results and Host Conference Call on Thursday, May 9, 2024April 23, 2024 | americanbankingnews.comKarat Packaging (NASDAQ:KRT) versus SIG Group (OTCMKTS:SCBGF) Financial ComparisonApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. April 23, 2024 | americanbankingnews.comSIG Group (OTC:SIGCY) vs. Karat Packaging (NASDAQ:KRT) Head to Head SurveyApril 16, 2024 | americanbankingnews.comKarat Packaging Inc. (NASDAQ:KRT) Short Interest Up 13.0% in MarchApril 5, 2024 | finance.yahoo.comWhat Is Karat Packaging Inc.'s (NASDAQ:KRT) Share Price Doing?March 20, 2024 | finance.yahoo.comThe company that does job interviews for AmEx, Citi, and Walmart says you’ll miss out on the best candidates if you won’t meet people after-hoursMarch 16, 2024 | finance.yahoo.comKarat Packaging Full Year 2023 Earnings: EPS Misses ExpectationsApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. March 15, 2024 | seekingalpha.comKarat Packaging Inc. (KRT) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | finance.yahoo.comKarat Packaging Inc. (NASDAQ:KRT) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | finanznachrichten.deKarat Packaging Inc.: Karat Packaging Reports Fourth Quarter and Full Year 2023 Financial ResultsMarch 15, 2024 | msn.comKRT Stock Earnings: Karat Packaging Misses EPS, Beats Revenue for Q4 2023March 14, 2024 | benzinga.comKarat Packaging: Q4 Earnings InsightsMarch 14, 2024 | msn.comKarat Packaging Non-GAAP EPS of $0.24 misses by $0.21, revenue of $95.58M in-lineMarch 14, 2024 | finance.yahoo.comKarat Packaging Inc (KRT) Reports Record Gross Margin and Net Income for Full Year 2023March 14, 2024 | globenewswire.comKarat Packaging Reports Fourth Quarter and Full Year 2023 Financial ResultsMarch 13, 2024 | benzinga.comKarat Packaging's Earnings: A PreviewMarch 11, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Genesco (GCO) and Karat Packaging Inc (KRT)March 7, 2024 | investorplace.com3 Tiny Stocks Capable of 100% ExplosionsMarch 1, 2024 | finance.yahoo.comIs Karat Packaging Inc. (NASDAQ:KRT) Trading At A 50% Discount?March 1, 2024 | globenewswire.comKarat Packaging to Report 2023 Fourth Quarter and Full Year Financial Results and Host Conference Call on Thursday, March 14, 2024February 18, 2024 | finance.yahoo.comBorderlands: Cross-border logistics firms expand operations into MexicoFebruary 15, 2024 | benzinga.comKarat Packaging's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowFebruary 9, 2024 | msn.comKarat Packaging Raises Quarterly Dividend by 50%February 8, 2024 | msn.comKarat Packaging increases dividend by ~50% to $0.30February 3, 2024 | morningstar.comKarat Packaging Inc KRTSee 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 Ex-Dividend for 2/29 Dividend2/20/2024Dividend Payable2/29/2024Last Earnings3/14/2024Today4/26/2024Next Earnings (Confirmed)5/09/2024Fiscal 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+10.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio16.93 Forward P/E Ratio14.29 P/E GrowthN/ANet Income$32.47 million Net Margins8.00% Pretax Margin10.60% Return on Equity22.54% Return on Assets13.21% Debt Debt-to-Equity Ratio0.30 Current Ratio3.49 Quick Ratio1.88 Sales & Book Value Annual Sales$405.65 million Price / Sales1.35 Cash Flow$2.61 per share Price / Cash Flow10.49 Book Value$8.15 per share Price / Book3.37Miscellaneous Outstanding Shares19,970,000Free Float5,692,000Market Cap$547.78 million OptionableNot Optionable Beta1.05 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Alan Yu (Age 54)Chairman & CEO Comp: $270kMs. Jian Guo (Age 45)CFO & Director Comp: $350kDaniel QuireChief Revenue OfficerMr. Marvin Cheng (Age 55)VP of Manufacturing & Secretary Comp: $240kKey CompetitorsClearwater PaperNYSE:CLWMyers IndustriesNYSE:MYEIturan Location and ControlNASDAQ:ITRNEnnisNYSE:EBFHudson TechnologiesNASDAQ:HDSNView All CompetitorsInsiders & InstitutionsRice Hall James & Associates LLCBought 3,996 shares on 4/23/2024Ownership: 0.417%Denali Advisors LLCSold 5,000 shares on 4/19/2024Ownership: 0.133%Wasatch Advisors LPSold 18,844 shares on 4/18/2024Ownership: 1.628%Los Angeles Capital Management LLCSold 10,447 shares on 4/5/2024Ownership: 0.440%Quadrature Capital LtdSold 1,698 shares on 3/25/2024Ownership: 0.127%View All Insider TransactionsView All Institutional Transactions KRT Stock Analysis - Frequently Asked Questions Should I buy or sell Karat Packaging stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Karat Packaging in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KRT shares. View KRT analyst ratings or view top-rated stocks. What is Karat Packaging's stock price target for 2024? 3 brokerages have issued 12-month price objectives for Karat Packaging's stock. Their KRT share price targets range from $26.00 to $33.00. On average, they expect the company's stock price to reach $30.33 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts price targets for KRT or view top-rated stocks among Wall Street analysts. How have KRT shares performed in 2024? Karat Packaging's stock was trading at $24.85 on January 1st, 2024. Since then, KRT shares have increased by 10.7% and is now trading at $27.52. View the best growth stocks for 2024 here. Are investors shorting Karat Packaging? Karat Packaging saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 153,300 shares, an increase of 32.2% from the March 31st total of 116,000 shares. Based on an average trading volume of 49,500 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.2% of the company's shares are short sold. View Karat Packaging's Short Interest. When is Karat Packaging's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our KRT earnings forecast. How can I listen to Karat Packaging's earnings call? Karat Packaging will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Karat Packaging's earnings last quarter? Karat Packaging Inc. (NASDAQ:KRT) issued its quarterly earnings data on Thursday, March, 14th. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.16. The firm had revenue of $95.58 million for the quarter, compared to the consensus estimate of $95.51 million. Karat Packaging had a net margin of 8.00% and a trailing twelve-month return on equity of 22.54%. How often does Karat Packaging pay dividends? What is the dividend yield for Karat Packaging? Karat Packaging announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Wednesday, February 21st will be paid a dividend of $0.30 per share on Thursday, February 29th. This represents a $1.20 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Tuesday, February 20th. This is an increase from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for KRT. Is Karat Packaging a good dividend stock? Karat Packaging (NASDAQ:KRT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.44%. KRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KRT will have a dividend payout ratio of 57.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KRT. What guidance has Karat Packaging issued on next quarter's earnings? Karat Packaging updated its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $438.1 million-$466.5 million, compared to the consensus revenue estimate of $429.8 million. When did Karat Packaging IPO? Karat Packaging (KRT) raised $76 million in an initial public offering (IPO) on Thursday, April 15th 2021. The company issued 4,000,000 shares at $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? Karat Packaging's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (1.63%), Los Angeles Capital Management LLC (0.44%), Rice Hall James & Associates LLC (0.42%) and Denali Advisors LLC (0.13%). Insiders that own company stock include Alan Yu, Daniel Quire, Eve Yen, Jian Guo, Joanne Tzu Jung Wang and Marvin Cheng. 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. 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