Karat Packaging Inc.

28.39
-0.67 (-2.31%)
At close: Mar 21, 2025, 3:59 PM
31.55
11.14%
After-hours: Mar 21, 2025, 06:29 PM EDT
-2.31%
Bid 27.75
Market Cap 568.48M
Revenue (ttm) 422.58M
Net Income (ttm) 29.97M
EPS (ttm) 1.49
PE Ratio (ttm) 19.05
Forward PE 17.76
Analyst Hold
Ask 37.5
Volume 32,128
Avg. Volume (20D) 31,140
Open 28.78
Previous Close 29.06
Day's Range 28.32 - 29.40
52-Week Range 23.10 - 33.89
Beta 1.05

About KRT

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 distrib...

IPO Date Apr 15, 2021
Employees 683
Stock Exchange NASDAQ
Ticker Symbol KRT
Full Company Profile

Analyst Forecast

According to 3 analyst ratings, the average rating for KRT stock is "Hold." The 12-month stock price forecast is $32, which is an increase of 12.72% from the latest price.

Stock Forecasts

Earnings Surprise

Karat Packaging has released their quartely earnings on Mar 13, 2025:
  • Revenue of $101.65M misses estimates by $621K, with 6.35% YoY growth.
  • EPS of 0.29 misses estimates by -0.07, with 20.83% YoY growth.
  • Next Earnings Release

    Karat Packaging Inc. is scheduled to release its earnings on May 8, 2025, during market hours.
    Analysts project revenue of ... Unlock content with Pro Subscription
    4 months ago
    +9.09%
    Shares of industrial distribution companies are tr... Unlock content with Pro Subscription
    7 months ago
    -14.83%
    Karat Packaging shares are trading lower after the company reported worse-than-expected Q2 financial results. Additionally, Truist Securities downgraded the stock from a Buy to a Hold and lowered its price target on the stock from $34 to $28.