Karat Packaging Inc. (KRT)

Market Cap	571.18M
Revenue (ttm)	430.64M
Net Income (ttm)	30.22M
Shares Out	20.08M
EPS (ttm)	1.50
PE Ratio	19.09
Forward PE	18.59
Dividend	$1.95 (6.81%)
Ex-Dividend Date	May 16, 2025

Volume	73,570
Open	28.37
Previous Close	28.63
Day's Range	28.15 - 28.56
52-Week Range	23.00 - 33.89
Beta	1.09
Analysts	Buy
Price Target	33.50 (+17.75%)
Earnings Date	Aug 7, 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 Summary

According to 3 analysts, the average rating for KRT stock is "Buy." The 12-month stock price target is $33.5, which is an increase of 17.75% from the latest price.

Price Target

$33.5

(17.75% upside)

Analyst Consensus: Buy