Karat Packaging Inc. (NASDAQ:KRT – Free Report) – Investment analysts at William Blair decreased their Q1 2025 earnings per share estimates for shares of Karat Packaging in a research note issued to investors on Thursday, January 2nd. William Blair analyst R. Merkel now anticipates that the company will post earnings of $0.42 per share for the quarter, down from their previous estimate of $0.45. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Karat Packaging’s current full-year earnings is $1.66 per share. William Blair also issued estimates for Karat Packaging’s Q2 2025 earnings at $0.52 EPS, Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $1.80 EPS.
Separately, Stifel Nicolaus lifted their target price on shares of Karat Packaging from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th.
Karat Packaging Stock Performance
Shares of NASDAQ:KRT opened at $28.89 on Monday. The business’s 50 day moving average price is $30.10 and its 200-day moving average price is $27.97. Karat Packaging has a 1 year low of $22.51 and a 1 year high of $33.14. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.12 and a quick ratio of 1.82. The firm has a market capitalization of $578.49 million, a PE ratio of 20.64 and a beta of 1.08.
Karat Packaging Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 20th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This is a positive change from Karat Packaging’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.54%. Karat Packaging’s dividend payout ratio is 114.29%.
Institutional Trading of Karat Packaging
A number of hedge funds and other institutional investors have recently modified their holdings of KRT. Rhumbline Advisers increased its position in Karat Packaging by 4.4% during the second quarter. Rhumbline Advisers now owns 9,203 shares of the company’s stock worth $272,000 after purchasing an additional 387 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Karat Packaging by 5.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,720 shares of the company’s stock worth $511,000 after acquiring an additional 1,053 shares during the period. Janney Montgomery Scott LLC increased its stake in Karat Packaging by 4.2% during the third quarter. Janney Montgomery Scott LLC now owns 28,488 shares of the company’s stock worth $738,000 after acquiring an additional 1,148 shares during the last quarter. US Bancorp DE purchased a new stake in Karat Packaging in the third quarter valued at $30,000. Finally, Ellsworth Advisors LLC lifted its stake in shares of Karat Packaging by 6.8% in the 3rd quarter. Ellsworth Advisors LLC now owns 21,783 shares of the company’s stock valued at $564,000 after purchasing an additional 1,381 shares during the last quarter. 25.20% of the stock is owned by institutional investors and hedge funds.
Karat Packaging Company Profile
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.
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