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Karat Packaging, Inc. (KRT)

NASDAQ: KRT · IEX Real-Time Price · USD
21.03 0.74 (3.65%)
Sep 20, 2021 10:04 AM EDT - Market open
Market Cap399.91M
Revenue (ttm)316.90M
Net Income (ttm)n/a
Shares Out18.91M
EPS (ttm)1.00
PE Ratio21.07
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,721
Open20.64
Previous Close20.29
Day's Range20.01 - 21.05
52-Week Range15.56 - 25.91
Betan/a
Analystsn/a
Price Target29.50 (+40.3%)
Est. Earnings DateNov 11, 2021

About KRT

Karat Packaging is a rapidly-growing specialty distributor and select manufacturer of environmentally-friendly disposable foodservice products and related items. We are a nimble supplier of a wide range of products for the foodservice industry, including food and take out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. Our products are available in plastic, paper, biopolymer-based and other compostable forms. Our Karat Earth® line provides environmentally friendly ...

IndustryPackaging & Containers
IPO DateApr 15, 2021
CEOAlan Yu
Employees620
Stock ExchangeNASDAQ
Ticker SymbolKRT
Full Company Profile

Financial Performance

In 2020, KRT's revenue was $295.52 million, an increase of 31.39% compared to the previous year's $224.91 million. Earnings were $17.52 million, an increase of 916.07%.

Financial Statements

News

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'...

1 month ago - GlobeNewsWire

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 ...

1 month ago - GlobeNewsWire

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.

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

Karat Packaging Launches Initial Public Offering

Karat Packaging Inc. (“Karat Packaging” or the “Company”), a specialty distributor and manufacturer of...

5 months ago - GlobeNewswire

Disposable packaging provider Karat Packaging refiles for a $75 million IPO

Karat Packaging, which produces environmentally-friendly single-use food packaging, filed on Thursday with the SEC to raise up to $75 million in an initial public offering. The company previously filed ...

7 months ago - NASDAQ

Karat Packaging IPO Registration Document (S-1)

Karat Packaging, Inc. has filed to go public with an IPO on the NASDAQ.

7 months ago - SEC