Karat Packaging, Inc. (KRT)
| Market Cap | 344.51M |
| Revenue (ttm) | 343.29M |
| Net Income (ttm) | 16.07M |
| Shares Out | 19.80M |
| EPS (ttm) | 0.93 |
| PE Ratio | 18.81 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 21,116 |
| Open | 17.60 |
| Previous Close | 17.94 |
| Day's Range | 17.40 - 19.05 |
| 52-Week Range | 15.56 - 25.91 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 29.00 (+66.7%) |
| Earnings Date | n/a |
About KRT
Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based and other compostable forms primarily used in restaurants and foodservice areas. It offers food and take-out containers, bags, tableware, cups, lids, cutlery, and straws under the Karat and Karat Earth names. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat...
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for KRT stock is "Strong Buy." The 12-month stock price forecast is 29.00, which is an increase of 66.67% from the latest price.
News
Karat Packaging Plans Logistics Service Expansion; Orders For 10 Tesla Semi Trucks
Karat Packaging Inc (NASDAQ: KRT) plans to expand its logistic offerings geographically from its existing distribution centers in Texas, New Jersey, and South Carolina in those regions and further expan...
Karat Packaging says it has ordered 10 Tesla Semi Trucks
Karat Packaging Inc. KRT, +1.39% , a maker of disposable foodservice products, said Tuesday it has placed an order for 10 Tesla TSLA, -3.50% Semi trucks. The Chino, California-based Karat has a fleet of...
Karat Packaging Announces Expansion of Its Logistic Services
-- Company to Add Ten Fully Electric Tesla Semi Trucks to Fleet -- -- Company to Add Ten Fully Electric Tesla Semi Trucks to Fleet --
Karat Packaging Reports 2021 Third Quarter Financial Results
Net Sales Increase 35 Percent Over Prior Year and 43 Percent, Excluding Sales of PPE-Related Products Net Sales Increase 35 Percent Over Prior Year and 43 Percent, Excluding Sales of PPE-Related Products
Karat Packaging Raises Q3 Sales Outlook
Karat Packaging Inc (NASDAQ: KRT) raised its third-quarter net sales outlook of $102 million - $103 million (consensus $101.3 million), compared to $76.3 million in the prior-year period. The company ha...
Karat Packaging Announces Departure of Chief Financial Officer and Appoints Peter Lee as Interim Chief Financial Officer
CHINO, Calif., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related ite...
Karat Packaging Reports 2021 Second Quarter Financial Results
Net Sales Advance 11.6 Percent Over Prior Year and 69.4 Percent, Excluding Last Year's Sales of PPE-Related Products Net Sales Advance 11.6 Percent Over Prior Year and 69.4 Percent, Excluding Last Year'...
Karat Packaging to Report 2021 Second Quarter Financial Results and Host Conference Call on Thursday, August 12, 2021
CHINO, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat Packaging” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly disposable ...
How Karat Packaging (KRT) Stock Stands Out in a Strong Industry
Karat Packaging (KRT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Karat Packaging to Present at Stifel Cross Sector Insight Conference, June 10 at 12:40 p.m. ET
CHINO, Calif., June 03, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly disposable foodservice products and related item...
Karat Packaging Provides Financial Outlook for Second Quarter 2021
CHINO, Calif., May 28, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related item...
Karat Packaging Reports 2021 First Quarter Financial Results
CHINO, Calif., May 27, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related item...
Karat Packaging Inc. Announces Exercise and Closing of Over-Allotment Option in Public Offering
CHINO, Calif., April 23, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat Packaging” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally-friendly disposable...
Karat Packaging Inc. Announces Closing of Initial Public Offering
CHINO, Calif., April 19, 2021 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat Packaging” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally-friendly disposable...
Karat Packaging IPO prices below range at $16 a share
Karat Packaging Inc. said Thursday it initial public offering priced at $16 a share, below its proposed price range of $18 to $20. The maker of environmentally friendly disposable food product packaging...