William Blair Lowers Earnings Estimates for Karat Packaging

Karat Packaging Inc. (NASDAQ:KRT) – Equities research analysts at William Blair dropped their Q1 2025 earnings estimates for Karat Packaging in a report issued on Thursday, January 2nd. William Blair analyst R. Merkel now anticipates that the company will post earnings of $0.42 per share for the quarter, down from their previous estimate of $0.45. William Blair 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 target price 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 Stock Performance

Shares of KRT stock opened at $29.74 on Monday. Karat Packaging has a 12 month low of $22.51 and a 12 month high of $33.14. The firm has a market capitalization of $595.51 million, a PE ratio of 21.24 and a beta of 1.08. The firm has a fifty day simple moving average of $30.06 and a two-hundred day simple moving average of $27.97. The company has a current ratio of 3.12, a quick ratio of 1.82 and a debt-to-equity ratio of 0.29.

Karat Packaging Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th were paid a $0.40 dividend. This is a positive change from Karat Packaging’s previous quarterly dividend of $0.35. The ex-dividend date was Wednesday, November 20th. This represents a $1.60 annualized dividend and a yield of 5.38%. Karat Packaging’s dividend payout ratio (DPR) is 114.29%.

Hedge Funds Weigh In On Karat Packaging

A number of hedge funds and other institutional investors have recently modified their holdings of KRT. US Bancorp DE purchased a new stake in Karat Packaging during the third quarter worth about $30,000. Copeland Capital Management LLC bought a new stake in shares of Karat Packaging in the 3rd quarter worth approximately $49,000. Nisa Investment Advisors LLC lifted its stake in Karat Packaging by 497.7% in the third quarter. Nisa Investment Advisors LLC now owns 3,676 shares of the company’s stock valued at $95,000 after purchasing an additional 3,061 shares during the last quarter. Rhumbline Advisers increased its position in Karat Packaging by 4.4% in the second quarter. Rhumbline Advisers now owns 9,203 shares of the company’s stock worth $272,000 after buying an additional 387 shares during the last quarter. Finally, Kings Path Partners LLC bought a new stake in shares of Karat Packaging in the third quarter valued at $401,000. Hedge funds and other institutional investors own 25.20% of the company’s stock.

Karat Packaging Company Profile

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.