$24.24
Karat Packaging Inc is a packaging & containers business based in the US. Karat Packaging Inc shares (KRT) are listed on the NASDAQ and all prices are listed in US Dollars. Karat Packaging Inc employs 778 staff and has a trailing 12-month revenue of around $409.3 million.
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Karat Packaging Inc stock price (NASDAQ: KRT)
Use our graph to track the performance of KRT stocks over time.Karat Packaging Inc shares at a glance
Latest market close | $24.24 |
---|---|
52-week range | $16.36 - $30.07 |
50-day moving average | $27.64 |
200-day moving average | $26.54 |
Wall St. target price | $31.67 |
PE ratio | 17.9716 |
Dividend yield | $0.95 (5.52%) |
Earnings per share (TTM) | $1.41 |
Is it a good time to buy Karat Packaging Inc 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.
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.
Karat Packaging Inc price performance over time
Historical closes compared with the close of $24.24 from 2024-09-06
1 week (2024-08-30) | -4.34% |
---|---|
1 month (2024-08-07) | -13.21% |
3 months (2024-06-07) | -10.55% |
6 months (2024-03-07) | -17.64% |
1 year (2023-09-07) | -4.00% |
---|---|
2 years (2022-09-07) | 32.10% |
3 years (2021-09-07) | 5.39% |
5 years (2019-09-03) | N/A |
Is Karat Packaging Inc stock undervalued or overvalued?
Valuing Karat Packaging Inc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Karat Packaging Inc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Karat Packaging Inc's P/E ratio
Karat Packaging Inc's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Karat Packaging Inc shares trade at around 18x 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 Inc's P/E ratio is best considered in relation to those of others within the packaging & containers industry or those of similar companies.
- Domtar Corporation (UFS.US): 126.98
Karat Packaging Inc's EBITDA
Karat Packaging Inc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $46.7 million.
The EBITDA is a measure of a Karat Packaging Inc's overall financial performance and is widely used to measure a its profitability.
To put Karat Packaging Inc's EBITDA into context you can compare it against that of similar companies.
- Glatfelter (GLT.US): USD$93.6 million
- Neenah Paper (NP.US): USD$104.5 million
- Domtar Corporation (UFS.US): USD$452 million
Karat Packaging Inc financials
Revenue TTM | $409.3 million |
---|---|
Operating margin TTM | 10.34% |
Gross profit TTM | $132.1 million |
Return on assets TTM | 7.53% |
Return on equity TTM | 17.63% |
Profit margin | 6.9% |
Book value | $7.88 |
Market Capitalization | $507.2 million |
TTM: trailing 12 months
Karat Packaging Inc share dividends
Dividend payout ratio: 85.13% of net profits
Recently Karat Packaging Inc has paid out, on average, around 85.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Karat Packaging Inc shareholders could enjoy a 5.52% return on their shares, in the form of dividend payments. In Karat Packaging Inc's case, that would currently equate to about $0.95 per share.
Karat Packaging Inc's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Karat Packaging Inc's most recent dividend payout was on 29 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 20 August 2024 (the "ex-dividend date").
Karat Packaging Inc's dividend payout ratio is perhaps best considered in relation to those of similar companies.
- Glatfelter (GLT.US): 0.00% (does not pay dividend)
- Neenah Paper (NP.US): 97.60%
- Domtar Corporation (UFS.US): 0.00% (does not pay dividend)
Karat Packaging Inc share price volatility
Over the last 12 months, Karat Packaging Inc's shares have ranged in value from as little as $16.3636 up to $30.0658. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Karat Packaging Inc's is 1.011. This would suggest that Karat Packaging Inc's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
To put Karat Packaging Inc's beta into context you can compare it against those of similar companies.
- Glatfelter (GLT.US): 1.743
- Neenah Paper (NP.US): 1.4864
- Domtar Corporation (UFS.US): 1.7522
Karat Packaging Inc overview
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 provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company also provides new product development, design, printing, and logistics services. It offers its products to national and regional distributors, restaurant chains, retail establishments, and online customers. The company was founded in 2000 and is based in Chino, California. .
Frequently asked questions
What percentage of Karat Packaging Inc is owned by insiders or institutions?Currently 66.246% of Karat Packaging Inc shares are held by insiders and 27.299% by institutions. How many people work for Karat Packaging Inc?
Latest data suggests 778 work at Karat Packaging Inc. When does the fiscal year end for Karat Packaging Inc?
Karat Packaging Inc's fiscal year ends in December. Where is Karat Packaging Inc based?
Karat Packaging Inc's address is: 6185 Kimball Avenue, Chino, CA, United States, 91708 What is Karat Packaging Inc's ISIN number?
Karat Packaging Inc's international securities identification number is: US48563L1017 What is Karat Packaging Inc's CUSIP number?
Karat Packaging Inc's Committee on Uniform Securities Identification Procedures number is: 50075Q206
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