Karat Packaging

KRT · NASDAQ

$53.95+$0.80 (+1.51%)TodayMarket closed ·
Prev close $53.15

About KRT

Karat Packaging, Inc. manufactures and distributes disposable products for the restaurants and foodservice industry. The company is headquartered in Chino, California and currently employs 636 full-time employees. The company went IPO on 2019-10-16. The firm classifies its customers into four categories. Distributors include national and regional distributors across the United States that purchase their products and provide a channel to offer their products to restaurants, offices, schools, government entities and other end users. National and regional chains typically include fast casual, fast-food restaurants and supermarket chains with locations across multiple states to which they supply specified products. Retail primarily includes regional bubble tea shops and frozen yogurt shops that often purchase their specialty beverage ingredients and related items. E-commerce/Online includes small businesses, often with only one or two locations, as well as customers who purchase for personal use.

Employees
636
Headquarters
Chino, California
Listed
Oct 16, 2019
Sector
Industrials
Industry
Trading Companies & Distributors

KRT key statistics

Market cap
1.08B
Price-earnings ratio
21.26
Dividend yield
3.35%
Average volume
195.03K
Volume
129.71K
Open price
$53.09
High today
$54.17
Low today
$53.01
52 Week high
$56.06
52 Week low
$20.61

Karat Packaging (KRT) at a glance

Karat Packaging (KRT) last traded at $53.95, with a market cap of 1.08B, a price-to-earnings ratio of 21.26 and a dividend yield of 3.35%.

Today the stock has traded between $53.01 and $54.17. The current price is 1.8% above the day's low and 0.4% below its high.

Volume so far is 129.71K shares, below the average of 195.03K shares a day.

Over the past year Karat Packaging has ranged from $20.61 to $56.06, and now sits 94% of the way up that range.

Karat Packaging met or beat analyst EPS estimates in 4 of the last 8 quarters. In Q2 FY26 it reported $0.48 per share against an estimate of $0.4747.

The average analyst price target is $47.43, 12.1% below the current price, from 3 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

67%of 3 analyst ratings say Buy
  • Buy66.7%
  • Hold0.0%
  • Sell33.3%
Price target · 3 analystsAvg $47.43
Low
$33.33
Now
$53.95
High
$63.00

KRT earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 4 of the last 8 quarters, by 12.8% on average.

  1. Q3 FY24: reported $0.47 per share against an estimate of $0.5202
  2. Q4 FY24: reported $0.29 per share against an estimate of $0.3602
  3. Q1 FY25: reported $0.33 per share against an estimate of $0.2862
  4. Q2 FY25: reported $0.57 per share against an estimate of $0.6161
  5. Q3 FY25: reported $0.37 per share against an estimate of $0.3889
  6. Q4 FY25: reported $0.34 per share against an estimate of $0.2778
  7. Q1 FY26: reported $0.34 per share against an estimate of $0.303
  8. Q2 FY26: reported $0.48 per share against an estimate of $0.4747

KRT news

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks Delivering High-Dividend Yields

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks With Over 3% Dividend Yields

  • Press releaseBusiness Wire

    Glancy Prongay Wolke & Rotter LLP Announces Investigation of Karat Packaging Inc. (KRT) on Behalf of Investors

  • Press releaseBusiness Wire

    Law Offices of Howard G. Smith Announces Investigation of Karat Packaging Inc. (KRT) on Behalf of Investors

  • Press releaseBusiness Wire

    The Law Offices of Frank R. Cruz Announces Investigation of Karat Packaging Inc. (KRT) on Behalf of Investors

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 6% Dividend Yields

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 5% Dividend Yields

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.