Karat Packaging - KRT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $30.33
  • Forecasted Upside: 4.92%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$28.91
▲ +0.91 (3.25%)

This chart shows the closing price for KRT by one month, three months, or twelve months.

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Analyst Price Target for KRT

Analyst Price Target is $30.33
▲ +4.92% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Karat Packaging in the last 3 months. The average price target is $30.33, with a high forecast of $33.00 and a low forecast of $26.00. The average price target represents a 4.92% upside from the last price of $28.91.

This chart shows the closing price for KRT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 contributing investment analysts is to buy stock in Karat Packaging. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/4/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/2/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/27/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/15/2024Stifel NicolausReiterated RatingBuy ➝ Buy$30.00 ➝ $32.00Low
3/15/2024Truist FinancialBoost TargetBuy ➝ Buy$24.00 ➝ $33.00Low
11/10/2023Truist FinancialLower TargetBuy ➝ Buy$26.00 ➝ $24.00Low
9/6/2023Stifel NicolausBoost TargetBuy ➝ Buy$24.00 ➝ $30.00Low
8/11/2023Truist FinancialBoost Target$25.00 ➝ $26.00Low
8/10/2023Lake Street CapitalBoost TargetBuy ➝ Buy$22.00 ➝ $26.00Low
1/4/2023Lake Street CapitalInitiated CoverageBuy$22.00Low
11/11/2022Truist FinancialLower Target$33.00 ➝ $25.00Low
3/24/2022Truist FinancialBoost TargetBuy$29.00 ➝ $31.00High
5/18/2021William BlairInitiated CoverageOutperformLow
5/11/2021DA DavidsonInitiated CoverageBuy$24.00Low
5/10/2021Tigress FinancialInitiated CoverageBuy$24.00Low
5/10/2021Truist FinancialInitiated CoverageBuy$24.00High
5/10/2021Stifel NicolausInitiated CoverageBuy$25.00High
(Data available from 5/27/2019 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/30/2023
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/29/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/29/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/28/2024
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/27/2024
  • 5 very positive mentions
  • 12 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
3/28/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/27/2024
  • 5 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/27/2024

Current Sentiment

  • 5 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Karat Packaging logo
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.
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Today's Range

Now: $28.91
Low: $28.00
High: $28.91

50 Day Range

MA: $27.96
Low: $26.15
High: $29.35

52 Week Range

Now: $28.91
Low: $15.19
High: $30.94

Volume

26,200 shs

Average Volume

46,645 shs

Market Capitalization

$577.62 million

P/E Ratio

19.53

Dividend Yield

4.84%

Beta

1.06

Frequently Asked Questions

What sell-side analysts currently cover shares of Karat Packaging?

The following Wall Street research analysts have issued stock ratings on Karat Packaging in the last year: Lake Street Capital, Stifel Nicolaus, and Truist Financial Co..
View the latest analyst ratings for KRT.

What is the current price target for Karat Packaging?

3 Wall Street analysts have set twelve-month price targets for Karat Packaging in the last year. Their average twelve-month price target is $30.33, suggesting a possible upside of 4.9%. Truist Financial Co. has the highest price target set, predicting KRT will reach $33.00 in the next twelve months. Lake Street Capital has the lowest price target set, forecasting a price of $26.00 for Karat Packaging in the next year.
View the latest price targets for KRT.

What is the current consensus analyst rating for Karat Packaging?

Karat Packaging currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe KRT will outperform the market and that investors should add to their positions of Karat Packaging.
View the latest ratings for KRT.

What other companies compete with Karat Packaging?

Other companies that are similar to Karat Packaging include Myers Industries, Ennis, Latham Group, Clearwater Paper and Tredegar. Learn More about companies similar to Karat Packaging.

How do I contact Karat Packaging's investor relations team?

The company's listed phone number is 626-965-8882 and its investor relations email address is [email protected]. The official website for Karat Packaging is www.karatpackaging.com. Learn More about contacing Karat Packaging investor relations.