Karat Packaging (KRT) Stock Forecast, Price Target & Predictions
KRT Stock Forecast
Karat Packaging stock forecast is as follows: an average price target of $33.00 (represents a 15.59% upside from KRT’s last price of $28.55) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
KRT Price Target
KRT Analyst Ratings
Buy
Karat Packaging Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Mar 15, 2024 | Jake Bartlett | Truist Financial | $33.00 | $25.93 | 27.27% | 15.59% |
10
Karat Packaging Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $33.00 |
Last Closing Price | $28.55 | $28.55 | $28.55 |
Upside/Downside | -100.00% | -100.00% | 15.59% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 29, 2024 | Northcoast Research | - | Buy | Initialise |
Jan 04, 2023 | Canaccord Genuity | - | Buy | Initialise |
Jan 04, 2023 | Cowen & Co. | - | Outperform | Initialise |
Jan 04, 2023 | Evercore ISI | - | Outperform | Initialise |
Jan 04, 2023 | SMBC Nikko | - | Outperform | Initialise |
Jan 04, 2023 | Lake Street | - | Buy | Initialise |
Jan 04, 2023 | Wedbush | - | Outperform | Initialise |
Jan 04, 2023 | Oppenheimer | - | Outperform | Initialise |
Jan 04, 2023 | Needham | - | Buy | Initialise |
Jan 04, 2023 | New Street | - | Buy | Initialise |
10
Karat Packaging Financial Forecast
Karat Packaging Revenue Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $95.58M | $105.53M | $108.74M | $95.80M | $92.67M | $110.00M | $114.88M | $105.41M | $91.33M | $102.71M | $94.53M | $75.67M |
Avg Forecast | $108.95M | $121.60M | $121.50M | $103.90M | $102.27M | $112.50M | $113.90M | $99.82M | $95.49M | $106.19M | $109.19M | $94.94M | $96.12M | $119.07M | $117.51M | $101.40M | $95.97M | $102.09M | $91.33M | $73.51M |
High Forecast | $109.66M | $122.40M | $122.30M | $104.58M | $103.06M | $113.27M | $113.90M | $99.82M | $95.88M | $106.28M | $109.91M | $95.56M | $96.75M | $119.07M | $117.51M | $101.40M | $95.97M | $102.09M | $91.33M | $73.51M |
Low Forecast | $108.40M | $120.99M | $120.89M | $103.38M | $101.77M | $111.73M | $113.90M | $99.82M | $94.98M | $106.11M | $108.65M | $94.46M | $95.63M | $119.07M | $117.51M | $101.40M | $95.97M | $102.09M | $91.33M | $73.51M |
# Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Surprise % | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 1.00% | 1.01% | 0.96% | 0.92% | 0.98% | 1.04% | 0.95% | 1.01% | 1.03% | 1.03% |
Forecast
Karat Packaging EBITDA Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
EBITDA | - | - | - | - | - | - | - | - | $4.63M | $11.38M | $13.34M | $16.47M | $15.59M | $10.14M | $9.52M | $11.94M | $9.52M | $7.90M | $14.74M | $5.43M |
Avg Forecast | $11.56M | $12.90M | $12.89M | $11.02M | $10.85M | $11.93M | $12.08M | $10.59M | $10.13M | $11.26M | $11.58M | $10.07M | $10.19M | $12.63M | $12.46M | $8.51M | $10.18M | $10.83M | $9.69M | $4.98M |
High Forecast | $11.63M | $12.98M | $12.97M | $11.09M | $10.93M | $12.01M | $12.08M | $10.59M | $10.17M | $11.27M | $11.66M | $10.14M | $10.26M | $12.63M | $12.46M | $10.21M | $10.18M | $10.83M | $9.69M | $5.97M |
Low Forecast | $11.50M | $12.83M | $12.82M | $10.96M | $10.79M | $11.85M | $12.08M | $10.59M | $10.07M | $11.25M | $11.52M | $10.02M | $10.14M | $12.63M | $12.46M | $6.81M | $10.18M | $10.83M | $9.69M | $3.98M |
Surprise % | - | - | - | - | - | - | - | - | 0.46% | 1.01% | 1.15% | 1.64% | 1.53% | 0.80% | 0.76% | 1.40% | 0.94% | 0.73% | 1.52% | 1.09% |
Forecast
Karat Packaging Net Income Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Net Income | - | - | - | - | - | - | - | - | $3.90M | $9.06M | $10.50M | $9.01M | $4.54M | $6.10M | $6.34M | $6.67M | $5.98M | $3.79M | $9.58M | $1.78M |
Avg Forecast | $9.36M | $11.38M | $11.48M | $9.16M | $7.70M | $9.93M | $11.69M | $8.71M | $7.76M | $9.55M | $6.44M | $6.19M | $5.94M | $6.84M | $7.44M | $4.44M | $5.77M | $6.64M | $6.70M | $1.63M |
High Forecast | $9.44M | $11.47M | $11.57M | $9.24M | $7.86M | $9.98M | $11.70M | $8.71M | $9.70M | $9.86M | $6.50M | $6.24M | $5.99M | $6.84M | $7.44M | $5.33M | $5.77M | $6.64M | $6.70M | $1.96M |
Low Forecast | $9.30M | $11.30M | $11.40M | $9.10M | $7.54M | $9.89M | $11.69M | $8.70M | $5.82M | $9.23M | $6.40M | $6.15M | $5.90M | $6.84M | $7.44M | $3.56M | $5.77M | $6.64M | $6.70M | $1.31M |
Surprise % | - | - | - | - | - | - | - | - | 0.50% | 0.95% | 1.63% | 1.45% | 0.76% | 0.89% | 0.85% | 1.50% | 1.04% | 0.57% | 1.43% | 1.09% |
Forecast
Karat Packaging SG&A Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
SG&A | - | - | - | - | - | - | - | - | $29.18M | $27.87M | $26.06M | $25.41M | $24.85M | $26.26M | $26.16M | $24.80M | $21.17M | $24.43M | $21.23M | $17.86M |
Avg Forecast | $26.03M | $29.05M | $29.02M | $24.82M | $24.43M | $26.87M | $27.21M | $23.84M | $22.81M | $25.37M | $26.08M | $22.68M | $22.96M | $28.21M | $27.84M | $16.53M | $22.74M | $24.19M | $21.64M | $16.37M |
High Forecast | $26.20M | $29.24M | $29.21M | $24.98M | $24.62M | $27.06M | $27.21M | $23.84M | $22.90M | $25.39M | $26.25M | $22.83M | $23.11M | $28.21M | $27.84M | $19.84M | $22.74M | $24.19M | $21.64M | $19.64M |
Low Forecast | $25.89M | $28.90M | $28.88M | $24.69M | $24.31M | $26.69M | $27.21M | $23.84M | $22.69M | $25.35M | $25.95M | $22.56M | $22.84M | $28.21M | $27.84M | $13.23M | $22.74M | $24.19M | $21.64M | $13.09M |
Surprise % | - | - | - | - | - | - | - | - | 1.28% | 1.10% | 1.00% | 1.12% | 1.08% | 0.93% | 0.94% | 1.50% | 0.93% | 1.01% | 0.98% | 1.09% |
Forecast
Karat Packaging EPS Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
EPS | - | - | - | - | - | - | - | - | $0.19 | $0.46 | $0.53 | $0.45 | $0.23 | $0.31 | $0.32 | $0.34 | $0.30 | $0.19 | $0.51 | $0.09 |
Avg Forecast | $0.47 | $0.56 | $0.57 | $0.46 | $0.38 | $0.49 | $0.58 | $0.43 | $0.39 | $0.47 | $0.32 | $0.31 | $0.29 | $0.34 | $0.37 | $0.27 | $0.29 | $0.33 | $0.33 | $0.11 |
High Forecast | $0.47 | $0.57 | $0.57 | $0.46 | $0.39 | $0.50 | $0.58 | $0.43 | $0.48 | $0.49 | $0.32 | $0.31 | $0.30 | $0.34 | $0.37 | $0.27 | $0.29 | $0.33 | $0.33 | $0.11 |
Low Forecast | $0.46 | $0.56 | $0.57 | $0.45 | $0.37 | $0.49 | $0.58 | $0.43 | $0.29 | $0.46 | $0.32 | $0.31 | $0.29 | $0.34 | $0.37 | $0.27 | $0.29 | $0.33 | $0.33 | $0.11 |
Surprise % | - | - | - | - | - | - | - | - | 0.49% | 0.97% | 1.66% | 1.46% | 0.78% | 0.91% | 0.86% | 1.24% | 1.05% | 0.58% | 1.53% | 0.80% |
Forecast
Karat Packaging Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
MYE | Myers Industries | $11.70 | $30.00 | 156.41% | - |
SEE | Sealed Air | $35.06 | $51.70 | 47.46% | Buy |
SON | Sonoco Products Company | $49.97 | $68.00 | 36.08% | Buy |
REYN | Reynolds Consumer Products | $27.64 | $35.00 | 26.63% | Hold |
OI | O-I Glass | $12.56 | $15.67 | 24.76% | Buy |
BALL | Ball | $60.42 | $70.45 | 16.60% | Buy |
KRT | Karat Packaging | $28.55 | $33.00 | 15.59% | Buy |
GPK | Graphic Packaging Company | $28.53 | $31.88 | 11.74% | Buy |
GEF | Greif | $69.83 | $73.50 | 5.26% | Buy |
SLGN | Silgan | $54.77 | $53.40 | -2.50% | Buy |