Shares of Karat Packaging Inc. (NASDAQ:KRT – Get Free Report) have been given an average recommendation of “Hold” by the six research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $47.00.
Several research firms have recently issued reports on KRT. Wall Street Zen lowered shares of Karat Packaging from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings raised Karat Packaging from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. Lake Street Capital reissued a “buy” rating and set a $60.00 target price on shares of Karat Packaging in a report on Monday, September 14th. Finally, Bank of America boosted their price target on Karat Packaging from $23.00 to $34.00 and gave the stock an “underperform” rating in a report on Tuesday, July 14th.
Read Our Latest Stock Analysis on Karat Packaging
Institutional Trading of Karat Packaging
Karat Packaging Price Performance
KRT stock opened at $33.54 on Friday. Karat Packaging has a 52 week low of $20.61 and a 52 week high of $56.06. The firm has a market cap of $668.45 million, a P/E ratio of 14.21, a P/E/G ratio of 1.46 and a beta of 0.79. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.25 and a current ratio of 2.25. The firm’s fifty day moving average is $51.53 and its 200 day moving average is $36.31.
Karat Packaging (NASDAQ:KRT – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.17). The firm had revenue of $134.74 million for the quarter, compared to the consensus estimate of $140.33 million. Karat Packaging had a net margin of 10.18% and a return on equity of 30.62%. Research analysts predict that Karat Packaging will post 2.63 earnings per share for the current year.
Karat Packaging Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Thursday, November 19th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 5.6%. The ex-dividend date is Thursday, November 19th. Karat Packaging’s payout ratio is presently 75.20%.
Karat Packaging News Summary
Here are the key news stories impacting Karat Packaging this week:
- Positive Sentiment: Karat said its pipeline continued to strengthen and reported topline growth; new accounts and supply-chain initiatives may support future performance, though margin pressures remain. Karat Packaging Q3 results
- Positive Sentiment: The company also declared a quarterly dividend of $0.47 per share, which may appeal to income-focused investors.
- Negative Sentiment: Third-quarter adjusted EPS was $0.24, below the cited consensus estimate of $0.41, while revenue of $134.74 million missed the $140.33 million estimate. EPS was also down from $0.37 a year earlier. Q3 earnings report
- Negative Sentiment: FY 2026 revenue guidance of $509.8 million–$519.2 million came in below the $524.7 million consensus. Fourth-quarter guidance of $126.0 million–$128.3 million was likewise below the $131.3 million forecast, reinforcing concerns about near-term growth. Q3 deep dive
About Karat Packaging
Karat Packaging Inc is a foodservice packaging company that manufactures and distributes disposable products for restaurants, cafés, convenience stores, supermarkets, institutional foodservice providers and other businesses. The company is headquartered in Chino, California, and serves customers primarily across North America through its distribution and manufacturing operations.
Its product portfolio includes paper and plastic cups, food containers, lids, cutlery, straws, gloves, napkins, bags and other supplies used for food preparation, packaging and takeout service.
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