(KRT) Karat Packaging - Ratings and Ratios

Karat Packaging Inc. (NASDAQ:KRT) is a leading manufacturer and distributor of single-use disposable products, catering to the restaurant and foodservice industries. The company specializes in producing items such as food and take-out containers, bags, tableware, cups, lids, cutlery, and straws. These products are made from a variety of materials, including plastic, paper, biopolymers, and compostable forms, under the Karat Earth brand. Beyond its core product offerings, Karat Packaging provides additional services like new product development, design, printing, and logistics, enhancing its value proposition for clients. The company serves a diverse customer base, including national and regional distributors, restaurant chains, retail establishments, and online customers. Established in 2000, Karat Packaging is headquartered in Chino, California, and has built a reputation for quality and innovation in the disposable products sector.

Looking ahead, Karat Packaging Inc. is expected to maintain its growth trajectory. Over the next three months, the stock is anticipated to show moderate movement, influenced by its current technical and fundamental standing. The average volume of 32,974 shares over the past 20 days indicates consistent trading activity. With a last price of $29.22 and moving averages of SMA 20 at $30.46, SMA 50 at $30.05, and SMA 200 at $27.64, the stock is near its recent highs, suggesting potential resistance at these levels. The ATR of 0.95 reflects moderate volatility, which may stabilize as the stock finds its near-term range.

Fundamentally, Karat Packagings market cap of $611.34M underscores its established presence in the industry. The P/E ratio of 21.65 indicates a premium valuation, aligning with its strong return on equity of 17.96%. The P/S ratio of 1.47 suggests reasonable valuation relative to its revenue generation. While the forward P/E is currently not available, the companys financial health and growth prospects remain positive. Overall, Karat Packaging is well-positioned to capitalize on the rising demand for sustainable and disposable packaging solutions, supported by its robust product portfolio and services.