27.31

0.92% +0.25

After Hours: 27.36 0.05 +0.18%

Karat Packaging Inc (KRT)

Overview News Price History Discussions Forecast Dividend History

Karat Packaging Inc stock is currently priced at $27.31, with a 24-hour trading volume of 20,647. It has seen a +0.92% increased in the last 24 hours and a -2.85% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $26.91 pivot point. If it approaches the $27.35 resistance level, significant changes may occur.

Previous Close:

$27.06

Open:

$27.06

24h Volume:

20,647

Market Cap:

$545.44M

Revenue:

$405.65M

Net Income/Loss:

$32.47M

P/E Ratio:

17.97

EPS:

1.52

Net Cash Flow:

$44.05M

1W Performance:

+1.79%

1M Performance:

-2.85%

6M Performance:

+34.33%

1Y Performance:

+99.34%

1D Range:

$27.06

$27.55

52W Range:

$13.43

$30.94

Karat Packaging Inc Stock (KRT) Company Profile

Name

Karat Packaging Inc

Sector

Consumer Cyclical (567)

Industry

Packaging & Containers (30)

Phone

626 965 8882

Address

6185 Kimball Ave, Chino

Employee

620

Twitter

Next Earnings Date

2024-05-09

Latest SEC Filings

KRT's Discussions on Twitter

Karat Packaging Inc Stock (KRT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-04-23	Initiated	Lake Street	Buy
May-19-21	Initiated	William Blair	Outperform
May-11-21	Initiated	DA Davidson	Buy
May-10-21	Initiated	Stifel	Buy
May-10-21	Initiated	Truist	Buy

Karat Packaging Inc Stock (KRT) Latest News

Karat Packaging (KRT) Q4 Earnings Miss Mark, Revenues Up Y/Y

Zacks Investment Research

Karat Packaging Reports Fourth Quarter and Full Year 2023 Financial Results

GlobeNewswire Inc.

Karat Packaging to Report 2023 Fourth Quarter and Full Year Financial Results and Host Conference Call on Thursday, March 14, 2024

GlobeNewswire Inc.

Why Edible Garden Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga

Monday.Com Reports Q3 Beat, Joins Fortrea Holdings, Henry Schein And Other Big Stocks Moving Higher On Monday

Benzinga

Why Wynn Resorts Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga

Karat Packaging Inc Stock (KRT) Financials Data

Karat Packaging Inc (KRT) Revenue 2024

KRT reported a revenue (TTM) of $405.65 million for the quarter ending December 31, 2023, a -4.09% decline year-over-year.

Karat Packaging Inc (KRT) Net Income 2024

KRT net income (TTM) was $32.47 million for the quarter ending December 31, 2023, a +37.31% increase year-over-year.

Karat Packaging Inc (KRT) Cash Flow 2024

KRT recorded a free cash flow (TTM) of $44.05 million for the quarter ending December 31, 2023, a +199.10% increase year-over-year.

Karat Packaging Inc (KRT) Earnings per Share 2024

KRT earnings per share (TTM) was $1.62 for the quarter ending December 31, 2023, a +35.00% growth year-over-year.

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 Packaging Inc. was founded in 2000 and is headquartered in Chino, California.