Karat Packaging/KRT
$26.71
-7.7%-
1D1W1MYTD1YMAX
About Karat Packaging
Karat Packaging Inc. is a specialty distributor and manufacturer of a range of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings across the United States. The Company classifies its customers into four categories. Distributors include national and regional distributors across the United States that purchase its products and provide a channel to offer its products to restaurants, offices, schools, government entities and other end users. National and regional chains include typically fast casual and fast-food restaurants with locations across multiple states. Retail includes primarily regional bubble tea shops, boutique coffee shops and frozen yogurt shops that often purchase its specialty beverage ingredients and related items. E-commerce/Online includes small businesses, such as small restaurants, bubble tea shops, coffee shops, juice bars, smoothie shops and some customers who purchase for personal use.
Ticker
KRT
Sector
Basic Materials
Trading on
NASDAQ
Industry
Fabricated Plastic & Rubber
CEO
Alan Yu
Employees
778
Headquarters
Chino, United States
Website
karatpackaging.com
Karat Packaging Metrics
BasicAdvanced
$586M
Market cap
18.02
P/E ratio
$1.63
EPS
-
Beta
$0.30
Dividend rate
4.77%
Dividend yield
Price and volume
Market cap
$586M
52-week high
$30.94
52-week low
$13.76
Average daily volume
50K
Dividend rate
$0.30
Financial strength
Current ratio
3.489
Quick ratio
1.878
Long term debt to equity
31.402
Total debt to equity
32.13
Dividend payout ratio (TTM)
64.39%
Enterprise value to free cash flow
12.989
Interest coverage (TTM)
337.44%
Management effectiveness
Return on assets (TTM)
12.55%
Return on equity (TTM)
21.95%
Return on investment (TTM)
15.57%
Valuation
Price to earnings (TTM)
18.024
Price to revenue (TTM)
1.445
Price to book
3.802
Price to tangible book (TTM)
3.901
Price to free cash flow (TTM)
10.616
Dividend yield (TTM)
1.02%
Forward dividend yield
4.77%
Growth
Revenue change (TTM)
-4.09%
Earnings per share change (TTM)
37.2%
3-year revenue growth
11.14%
3-year earnings per share growth
22.29%
What the Analysts think about Karat Packaging
Analyst Ratings
Majority rating from 4 analysts.
Price Targets
Average projection from 3 analysts.
High $35.00
Low $32.00
$26.71
Current price
$33.67
Average price target
Karat Packaging Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$96M
-9.48%
Net income
$3.8M
-57.78%
Profit margin
3.97%
-53.46%
Karat Packaging Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.69
$0.47
$0.24
-
-
Expected
$0.31
$0.44
$0.41
$0.45
$0.60
Surprise
125%
7.63%
-40.94%
-
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs
What’s the current market cap for Karat Packaging stock?
Karat Packaging (KRT) has a market cap of $586M as of May 11, 2024.
What is the P/E ratio for Karat Packaging stock?
The price to earnings (P/E) ratio for Karat Packaging (KRT) stock is 18.02 as of May 11, 2024.
Does Karat Packaging stock pay dividends?
Yes, the Karat Packaging (KRT) stock pays dividends to shareholders. As of May 11, 2024, the dividend rate is $0.3 and the yield is 4.77%. Karat Packaging has a payout ratio of 64.39% on a trailing twelve-month basis.
When is the next Karat Packaging dividend payment date?
The next Karat Packaging (KRT) dividend payment is scheduled for May 24, 2024.
What is the beta indicator for Karat Packaging?
Karat Packaging (KRT) does not currently have a Beta indicator.
What is the Karat Packaging stock price target?
The target price for Karat Packaging (KRT) stock is $33.67, which is 26.06% above the current price of $26.71. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
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