Karat Packaging Inc. (KRT)

Market Cap	627.54M
Revenue (ttm)	430.64M
Net Income (ttm)	30.22M
Shares Out	20.04M
EPS (ttm)	1.50
PE Ratio	21.24
Forward PE	19.13
Dividend	$1.80 (5.65%)
Ex-Dividend Date	May 16, 2025

Volume	2,965
Open	31.52
Previous Close	30.26
Day's Range	30.74 - 31.92
52-Week Range	23.00 - 33.89
Beta	1.09
Analysts	Buy
Price Target	32.00 (+2.17%)
Earnings Date	May 8, 2025

About KRT

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 offers food and take-out containers, bags, boxes, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, gloves, utensils, janitorial and warehouse supplies, and other products under the Karat Earth brand. The company also distributes food and beverage items, such as syrups, boba...

• Industry: Packaging & Containers
• Sector: Consumer Discretionary
• IPO Date: Apr 15, 2021
• Employees: 721
• Stock Exchange: NASDAQ
• Ticker Symbol: KRT
• Website: https://www.karatpackaging.com

Financial Performance

In 2024, Karat Packaging's revenue was $422.63 million, an increase of 4.19% compared to the previous year's $405.65 million. Earnings were $29.98 million, a decrease of -7.68%.

Analyst Forecast

According to 3 analysts, the average rating for KRT stock is "Buy." The 12-month stock price forecast is $32.0, which is an increase of 2.17% from the latest price.

Price Target

$32.0

(2.17% upside)

Analyst Consensus: Buy