Analysis of Karat Packaging (KRT) and its peers

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Packaging carats (NASDAQ: KRTGet a rating) is one of 21 publicly traded companies in the “Plastic Products, Not Elsewhere Classified” sector, but how does it differ from its competitors? We will compare Karat Packaging to similar companies based on the strength of its analyst recommendations, valuation, risk, earnings, dividends, institutional ownership and profitability.

Insider and Institutional Ownership

20.7% of Karat Packaging shares are held by institutional investors. Comparatively, 72.5% of the shares of all “Plastic Products, Not Elsewhere Classified” companies are held by institutional investors. 8.0% of the shares of all “Plastic Products, Not Elsewhere Classified” companies are held by insiders. Strong institutional ownership indicates that hedge funds, large fund managers, and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of the current recommendations for Karat Packaging and its competitors, as provided by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
carat packing 0 0 5 0 3.00
Karat packaging competitors 116 676 797 43 2.47

Karat Packaging currently has a consensus target price of $26.00, indicating a potential upside of 35.84%. As a group, “Plastic Products, Not Elsewhere Classified” companies have an upside potential of 38.78%. Since Karat Packaging’s competitors have higher upside potential, analysts clearly believe that Karat Packaging has less favorable growth aspects than its competitors.

Benefits and evaluation

This table compares the revenue, earnings per share, and valuation of Karat Packaging and its competitors.

Gross revenue Net revenue Price/earnings ratio
carat packing $364.24 million $20.78 million 17.56
Karat packaging competitors $2.32 billion $139.30 million 5:41 p.m.

Karat Packaging’s competitors have higher revenues and profits than Karat Packaging. Karat Packaging trades at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares the net margins, return on equity and return on assets of Karat Packaging and its competitors.

Net margins Return on equity return on assets
carat packaging 5.70% 19.79% 10.45%
Karat packaging competitors 3.94% 3.26% 5.07%

About Karat Packaging (Get a rating)

Karat Packaging Inc. manufactures and distributes single-use plastic, paper, biopolymer-based, and other compostable forms of disposable products used in a variety of food service and catering establishments. It provides food and take-out containers, bags, dishes, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other branded products. Karat Earth. The company offers its products to national 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 based in Chino, California.



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