Q1 EPS Estimates for Karat Packaging Cut by William Blair

Karat Packaging Inc. (NASDAQ:KRT) – Investment analysts at William Blair cut their Q1 2025 earnings per share estimates for shares of Karat Packaging in a research note issued on Thursday, January 2nd. William Blair analyst R. Merkel now expects that the company will earn $0.42 per share for the quarter, down from their prior estimate of $0.45. William Blair currently 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 upped their price target on shares of Karat Packaging from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th.

Karat Packaging Trading Down 1.7 %

KRT opened at $29.74 on Monday. The stock has a market capitalization of $595.51 million, a price-to-earnings ratio of 21.24 and a beta of 1.08. The company has a quick ratio of 1.82, a current ratio of 3.12 and a debt-to-equity ratio of 0.29. Karat Packaging has a twelve month low of $22.51 and a twelve month high of $33.14. The company has a 50-day simple moving average of $30.06 and a 200 day simple moving average of $27.97.

Karat Packaging Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th were paid a dividend of $0.40 per share. This is an increase from Karat Packaging’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.60 annualized dividend and a yield of 5.38%. Karat Packaging’s payout ratio is presently 114.29%.

Hedge Funds Weigh In On Karat Packaging

Institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its holdings in shares of Karat Packaging by 2.7% during the second quarter. Bank of New York Mellon Corp now owns 170,310 shares of the company’s stock worth $5,038,000 after buying an additional 4,408 shares in the last quarter. Rhumbline Advisers increased its holdings in Karat Packaging by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 9,203 shares of the company’s stock worth $272,000 after purchasing an additional 387 shares in the last quarter. Acadian Asset Management LLC raised its position in Karat Packaging by 8.2% in the second quarter. Acadian Asset Management LLC now owns 283,278 shares of the company’s stock valued at $8,375,000 after purchasing an additional 21,383 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Karat Packaging during the second quarter valued at about $2,359,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Karat Packaging by 2.9% in the second quarter. Dimensional Fund Advisors LP now owns 121,473 shares of the company’s stock valued at $3,592,000 after buying an additional 3,397 shares during the period. 25.20% of the stock is currently owned by institutional investors and hedge funds.

About Karat Packaging

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.