Karat Packaging/KRT

$30.10

1.72%
-
1D1W1MYTD1YMAX

About Karat Packaging

Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products and related items. The Company supplies a range of products for the food service industry, including food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. Its products are available in plastic, paper, biopolymer-based and other compostable forms. Its Karat Earth line includes food containers, tableware, cups, lids, utensils, and straws. The Company offers customized solutions to its customers, including new product development, design, printing, and logistics services. The Company's customers include a variety of national and regional distributors, restaurant chains, retail establishments and online customers. Its customers can order and schedule delivery of products via telephone, facsimile, email or through its online e-commerce platform and its storefronts on Amazon.com and Walmart.com.

Ticker

KRT

Sector

Basic Materials

Trading on

NASDAQ

Industry

Fabricated Plastic & Rubber

CEO

Alan Yu

Employees

781

Headquarters

Chino, United States

Karat Packaging Metrics

BasicAdvanced
$600.93M
Market cap
18.12
P/E ratio
$1.66
EPS
-
Beta
$0.10
Dividend rate
3.99%
Dividend yield

What the Analysts think about Karat Packaging

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 3 analysts.
11.4% downside
High $30.00
Low $24.00
$30.10
Current price
$26.67
Average price target

Karat Packaging Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.53% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$105.5M
-2.94%
Net income
$9M
-14.29%
Profit margin
8.53%
-11.61%

Karat Packaging Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.05%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
$0.30
$0.46
$0.69
$0.45
-
Expected
$0.33
$0.31
$0.31
$0.44
$0.41
Surprise
-7.69%
49.84%
125%
3.05%
-
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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