Karat Packaging Inc.
29.01
0.57 (2.00%)
At close: Jan 14, 2025, 3:59 PM
28.94
-0.24%
After-hours Jan 14, 2025, 04:06 PM EST
undefined%
Bid 25.61
Market Cap 580.90M
Revenue (ttm) -
Net Income (ttm) -
EPS (ttm) 1.44
PE Ratio (ttm) 20.15
Forward PE n/a
Analyst Hold
Ask 46.35
Volume 21,268
Avg. Volume (20D) 36,573
Open 29.01
Previous Close 28.44
Day's Range 28.63 - 29.23
52-Week Range 22.88 - 33.14
Beta undefined

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 778
Stock Exchange NASDAQ
Ticker Symbol KRT

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 10.31% from the latest price.

Buy 33.33%
Hold 66.67%
Sell 0.00%
Stock Forecasts

Next Earnings Release

Karat Packaging Inc. is scheduled to release its earnings on Mar 13, 2025, during market hours.
Analysts project revenue of $102.27M, reflecting a 7.00% YoY growth and earnings per share of 0.36, making a 50.00% increase YoY.
2 months ago · Source
+9.09%
Shares of industrial distribution companies are tr... Unlock content with Pro Subscription
5 months ago · Source
-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.