12 Month Price Forecast For KRT
Distance to KRT Price Forecasts
KRT Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 9:20 AM UTC
KRT Analyst Ratings & Price Targets
Based on our analysis of 4 Wall Street analysts, KRT has a consensus that is bullish. The median price target is $35.00, with forecasts ranging from $28.00 to $36.00. Currently, there are 3 Buy ratings, 1 Hold ratings, and 0 Sell ratings.
With KRT currently trading at $31.05, the median price forecast suggests a 12.7% upside. The most optimistic forecast comes from Michael Hoffman at Stifel, projecting a 15.9% upside, while Jake Bartlett at Truist Securities provides the most conservative target, suggesting a -9.8% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
KRT Analyst Consensus
KRT Price Target Range
Latest KRT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for KRT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 11, 2024 | Stifel | Michael Hoffman | Buy | Maintains | $36.00 |
| Aug 9, 2024 | Truist Securities | Jake Bartlett | Hold | Downgrade | $28.00 |
| Mar 15, 2024 | Stifel | Michael Hoffman | Buy | Reiterates | $32.00 |
| Mar 15, 2024 | Truist Securities | Jake Bartlett | Buy | Maintains | $33.00 |
| Nov 10, 2023 | Truist Securities | Jake Bartlett | Buy | Maintains | $24.00 |
| Sep 6, 2023 | Stifel | Michael Hoffman | Buy | Maintains | $30.00 |
| Aug 11, 2023 | Lake Street | Ryan Meyers | Buy | Maintains | $26.00 |
| Jan 4, 2023 | Lake Street | Ryan Meyers | Buy | Initiates | $22.00 |
| Mar 24, 2022 | Truist Securities | Jake Bartlett | Buy | Maintains | $31.00 |
| May 19, 2021 | William Blair | Outperform | Initiates | $0.00 | |
| May 11, 2021 | DA Davidson | Buy | Initiates | $0.00 | |
| May 10, 2021 | Stifel | Buy | Initiates | $0.00 | |
| May 10, 2021 | Truist Securities | Buy | Initiates | $0.00 |
Stocks Similar to Karat Packaging Inc.
The following stocks are similar to Karat Packaging based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Karat Packaging Inc. (KRT) Financial Data
Karat Packaging Inc. has a market capitalization of $648.18M with a P/E ratio of 22.8x. The company generates $416.57M in trailing twelve-month revenue with a 6.8% profit margin.
Revenue growth is +6.9% quarter-over-quarter, while maintaining an operating margin of +10.0% and return on equity of +17.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Karat Packaging Inc. (KRT) Company Overview
About Karat Packaging Inc.
Manufactures disposable foodservice products.
The company generates revenue by manufacturing and distributing a wide range of single-use disposable products, including food containers, tableware, and cutlery. It sells these products under the Karat Earth brand to various customers, including national and regional distributors, restaurant chains, and retail establishments, also offering new product development and logistics services.
Founded in 2000 and headquartered in Chino, California, Karat Packaging Inc. focuses on sustainability with its biopolymer-based and compostable product offerings, catering to the growing demand for eco-friendly foodservice solutions.
Company Information
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
778
CEO
Mr. Alan Yu
Country
United States
IPO Year
2021
Website
www.karatpackaging.comKarat Packaging Inc. (KRT) Latest News & Analysis
Investors seek dividend-yielding stocks during market turbulence, as these companies typically have strong cash flows and offer high dividend payouts.
In turbulent markets, dividend-yielding stocks attract investors seeking stability and income, reflecting strong cash flows and shareholder rewards, which can mitigate investment risks.
Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 5% Dividend Yields
1 month agoIn uncertain markets, investors often seek dividend-yielding stocks, typically from companies with high free cash flows that offer substantial dividend payouts.
Dividend-yielding stocks attract investors during market turbulence, indicating strong cash flows and stability, making them a safer investment choice amid uncertainty.
Karat Packaging, Inc. (NASDAQ: KRT) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 5:00 PM ET, featuring CEO Alan Yu and CFO Jian Guo.
Karat Packaging's Q3 earnings call will provide insights into financial performance and future outlook, influencing stock valuation and investor sentiment.
Karat Packaging Inc. (Nasdaq: KRT) reported its financial results for Q3 2024, ending September 30, 2024, highlighting its operations in eco-friendly disposable foodservice products.
Karat Packaging's Q3 financial results indicate performance trends that could impact stock valuation and investor sentiment regarding growth in sustainable products.
Karat Packing (KRT) reported Q3 earnings of $0.47 per share, missing the Zacks estimate of $0.52. This matches last year's earnings of $0.47 per share.
Karat Packing's earnings miss may signal weaker demand or operational challenges, potentially leading to stock price declines and investor reconsideration of growth prospects.
Karat Packaging to Report 2024 Third Quarter Financial Results and Host Conference Call on Thursday, November 7, 2024
2 months agoKarat Packaging Inc. (Nasdaq: KRT) will release its Q3 2024 financial results on November 7, 2024, after market close, followed by an investor conference call.
Karat Packaging's upcoming financial results and conference call may impact stock performance and investor sentiment, providing insights into growth and profitability in the eco-friendly sector.
Frequently Asked Questions About KRT Stock
What is Karat Packaging Inc.'s (KRT) stock forecast for 2025?
Based on our analysis of 4 Wall Street analysts, Karat Packaging Inc. (KRT) has a median price target of $35.00. The highest price target is $36.00 and the lowest is $28.00.
Is KRT stock a good investment in 2025?
According to current analyst ratings, KRT has 3 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $31.05. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for KRT stock?
Wall Street analysts predict KRT stock could reach $35.00 in the next 12 months. This represents a 12.7% increase from the current price of $31.05. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Karat Packaging Inc.'s business model?
The company generates revenue by manufacturing and distributing a wide range of single-use disposable products, including food containers, tableware, and cutlery. It sells these products under the Karat Earth brand to various customers, including national and regional distributors, restaurant chains, and retail establishments, also offering new product development and logistics services.
What is the highest forecasted price for KRT Karat Packaging Inc.?
The highest price target for KRT is $36.00 from Michael Hoffman at Stifel, which represents a 15.9% increase from the current price of $31.05.
What is the lowest forecasted price for KRT Karat Packaging Inc.?
The lowest price target for KRT is $28.00 from Jake Bartlett at Truist Securities, which represents a -9.8% decrease from the current price of $31.05.
What is the overall KRT consensus from analysts for Karat Packaging Inc.?
The overall analyst consensus for KRT is bullish. Out of 4 Wall Street analysts, 3 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $35.00.
How accurate are KRT stock price projections?
Stock price projections, including those for Karat Packaging Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
