How to buy Karat Packaging stock

Karat Packaging Inc is an other business based in the US. Karat Packaging shares (KRT) are listed on the NASDAQ and all prices are listed in US Dollars. Karat Packaging employs 620 staff and has a trailing 12-month revenue of around 0.00.

Karat Packaging stock price (NASDAQ: KRT)

Use our graph to track the performance of KRT stocks over time.

Karat Packaging shares at a glance

• Key figures

Information last updated 2021-07-31.

52-week range	$16.32 - $25.43
50-day moving average	$21.12
200-day moving average	$19.72
Wall St. target price	$25.00
PE ratio	20.3941
Dividend yield	$0.04 (0.17%)
Earnings per share (TTM)	$1.09

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Is it a good time to buy Karat Packaging stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Karat Packaging Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Karat Packaging under- or over-valued?

Valuing Karat Packaging stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Karat Packaging's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Karat Packaging's P/E ratio

Karat Packaging's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Karat Packaging shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Karat Packaging's P/E ratio is best considered in relation to those of others within the other industry or those of similar companies.

• Glatfelter Corporation (GLT.US): 30.11

Karat Packaging's EBITDA

Karat Packaging's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $36.5 million.

The EBITDA is a measure of a Karat Packaging's overall financial performance and is widely used to measure a its profitability.

To put Karat Packaging's EBITDA into context you can compare it against that of similar companies.

• Glatfelter Corporation (GLT.US): USD$118.7 million
• Neenah (NP.US): USD$100.1 million
• Domtar Corporation (UFS.US): USD$300 million

Karat Packaging financials

Revenue TTM	$307.1 million
Operating margin TTM	8.92%
Gross profit TTM	$89.1 million
Return on assets TTM	9.85%
Return on equity TTM	57.19%
Profit margin	5.49%
Book value	$2.25
Market capitalisation	$438.5 million

TTM: trailing 12 months

Shorting Karat Packaging shares

There are currently 124,392 Karat Packaging shares held short by investors – that's known as Karat Packaging's "short interest". This figure is 1.3% down from 126,081 last month.

There are a few different ways that this level of interest in shorting Karat Packaging shares can be evaluated.

Karat Packaging's "short interest ratio" (SIR)

Karat Packaging's "short interest ratio" (SIR) is the quantity of Karat Packaging shares currently shorted divided by the average quantity of Karat Packaging shares traded daily (recently around 88851.428571429). Karat Packaging's SIR currently stands at 1.4. In other words for every 100,000 Karat Packaging shares traded daily on the market, roughly 1400 shares are currently held short.

To gain some more context, you can compare Karat Packaging's short interest ratio against those of similar companies.

• Glatfelter Corporation (GLT.US): 1.95
• Neenah (NP.US): 2.56
• Domtar Corporation (UFS.US): 4.42

However Karat Packaging's short interest can also be evaluated against the total number of Karat Packaging shares, or, against the total number of tradable Karat Packaging shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Karat Packaging's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Karat Packaging shares in existence, roughly 10 shares are currently held short) or 0.0248% of the tradable shares (for every 100,000 tradable Karat Packaging shares, roughly 25 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Karat Packaging.

Find out more about how you can short Karat Packaging stock.

Karat Packaging share dividends

We're not expecting Karat Packaging to pay a dividend over the next 12 months.

You may also wish to consider:

• Glatfelter Corporation (GLT.US) (3.6% forward annual dividend yield)
• Neenah (NP.US) (3.84% forward annual dividend yield)
• Domtar Corporation (UFS.US) (0.83% forward annual dividend yield)

Karat Packaging overview

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.

Frequently asked questions

What percentage of Karat Packaging is owned by insiders or institutions?
Currently 74.533% of Karat Packaging shares are held by insiders and 7.944% by institutions. How many people work for Karat Packaging?
Latest data suggests 620 work at Karat Packaging. When does the fiscal year end for Karat Packaging?
Karat Packaging's fiscal year ends in December. Where is Karat Packaging based?
Karat Packaging's address is: 6185 Kimball Ave, Chino, CA, United States, 91708 What is Karat Packaging's CUSIP number?
Karat Packaging's Committee on Uniform Securities Identification Procedures number is: 50075Q107