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Karat Packaging Inc.KRT
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Overview >
Market Cap
540.06M
Revenue (ttm)
430.64M
Net Income (ttm)
30.22M
Shares Out
20.08M
EPS (ttm)
1.50
PE Ratio
17.86
Forward PE
17.39
Dividend
$1.80 (6.72%)
Ex-Dividend Date
May 16, 2025
Volume
5,132
Open
26.90
Previous Close
26.78
Day's Range
26.90 - 26.90
52-Week Range
23.00 - 33.89
Beta
1.15
Analysts
Buy
Price Target
33.50 (+24.54%)
Earnings Date
Aug 7, 2025
Description >

Karat Packaging Inc., together with its subsidiaries, manufactures and distributes 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 offers its products to national and regional distributors, restaurant chains, retail establishments, and online customers.

It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.

Latest News >
Bill Ackman is planning IPO of Pershing Square, WSJ reports
Bill Ackman is planning IPO of Pershing Square, WSJ reports
May 31, 2024
May 31 (Reuters) - Hedge fund billionaire Bill Ackman is planning an initial public offering for his investment firm Pershing Square Capital Management as soon as next year, the Wall Street Journal reported on Friday. ...
BRIEF-Bill Ackman Eyes IPO Of Pershing Square - WSJ
BRIEF-Bill Ackman Eyes IPO Of Pershing Square - WSJ
May 31, 2024
May 31 (Reuters) - * BILL ACKMAN EYES IPO OF PERSHING SQUARE - WSJ * ACKMAN IS SELLING A STAKE IN THE FIRM, PERSHING SQUARE, TO INVESTORS IN A FUNDING ROUND EXPECTED TO VALUE THE FIRM AT ABOUT $10.5 BILLION- WSJ * BILL ACKMAN EYES IPO OF PERSHING SQUARE - WSJ Source text: tinyurl.com/248jkprh Further company coverage: ...
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May 31, 2024
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German yields hit six month high after euro zone inflation data
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May 31, 2024
(Updates at 0920 GMT) By Alun John LONDON, May 31 (Reuters) - German government bond yields rose to their highest in over six months on Friday, after data showed inflation in the currency bloc rose in May and ahead of U.S. inflation figures, both of which will shape central banks' rate cutting plans. The higher-than expected euro zone inflation print...
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