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Karat Packaging NasdaqGS:KRT Stock Report

Last Price

US$26.47

Market Cap

US$528.7m

7D

-8.7%

1Y

89.1%

Updated

18 Apr, 2024

Data

Company Financials +

Karat Packaging Inc.

NasdaqGS:KRT Stock Report

Market Cap: US$528.7m

KRT Stock Overview

Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.

KRT fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Karat Packaging Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Karat Packaging
Historical stock prices
Current Share PriceUS$26.47
52 Week HighUS$30.94
52 Week LowUS$13.43
Beta1.03
1 Month Change-2.97%
3 Month Change11.64%
1 Year Change89.07%
3 Year Change46.24%
5 Year Changen/a
Change since IPO42.62%

Recent News & Updates

At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?

Apr 19
At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?

Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price

Feb 12
Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price

Recent updates

At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?

Apr 19
At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?

Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price

Feb 12
Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price

Do Karat Packaging's (NASDAQ:KRT) Earnings Warrant Your Attention?

Aug 13
Do Karat Packaging's (NASDAQ:KRT) Earnings Warrant Your Attention?

Should You Investigate Karat Packaging Inc. (NASDAQ:KRT) At US$17.55?

Jun 13
Should You Investigate Karat Packaging Inc. (NASDAQ:KRT) At US$17.55?

Capital Allocation Trends At Karat Packaging (NASDAQ:KRT) Aren't Ideal

May 12
Capital Allocation Trends At Karat Packaging (NASDAQ:KRT) Aren't Ideal

Karat Packaging (NASDAQ:KRT) Hasn't Managed To Accelerate Its Returns

Oct 06
Karat Packaging (NASDAQ:KRT) Hasn't Managed To Accelerate Its Returns

Karat Packaging Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 16
Karat Packaging Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 97% Above Its Share Price

Nov 19
Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 97% Above Its Share Price

Karat Packaging Inc. (NASDAQ:KRT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Jul 27
Karat Packaging Inc. (NASDAQ:KRT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 31% Above Its Share Price

Jul 24
Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 31% Above Its Share Price

Shareholder Returns

KRTUS Trade DistributorsUS Market
7D-8.7%-4.7%-3.7%
1Y89.1%39.3%20.2%

Return vs Industry: KRT exceeded the US Trade Distributors industry which returned 40.3% over the past year.

Return vs Market: KRT exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is KRT's price volatile compared to industry and market?
KRT volatility
KRT Average Weekly Movement5.8%
Trade Distributors Industry Average Movement5.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: KRT has not had significant price volatility in the past 3 months.

Volatility Over Time: KRT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000792Alan Yuwww.karatpackaging.com

Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of 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 also provides new product development, design, printing, and logistics services.

Karat Packaging Inc. Fundamentals Summary

How do Karat Packaging's earnings and revenue compare to its market cap?
KRT fundamental statistics
Market capUS$528.66m
Earnings (TTM)US$32.47m
Revenue (TTM)US$405.65m

16.3x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRT income statement (TTM)
RevenueUS$405.65m
Cost of RevenueUS$252.61m
Gross ProfitUS$153.04m
Other ExpensesUS$120.57m
EarningsUS$32.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.63
Gross Margin37.73%
Net Profit Margin8.00%
Debt/Equity Ratio30.4%

How did KRT perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

18%

Payout Ratio
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