Karat Packaging (NASDAQ:KRT) Downgraded by Wall Street Zen to “Hold”

Posted by Francis Steltz on May 18th, 2026

Wall Street Zen downgraded shares of Karat Packaging (NASDAQ:KRT – Free Report) from a buy rating to a hold rating in a report issued on Sunday.

A number of other equities research analysts have also issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Karat Packaging in a research note on Thursday, January 22nd. Zacks Research lowered Karat Packaging from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Bank of America set a $24.00 target price on Karat Packaging and gave the company an “underperform” rating in a research note on Friday, March 13th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $39.00 target price on shares of Karat Packaging in a research note on Friday, May 8th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $31.50.

Get Our Latest Analysis on Karat Packaging

Karat Packaging Stock Performance

Shares of NASDAQ:KRT opened at $26.77 on Friday. The firm has a market capitalization of $534.44 million, a PE ratio of 16.94, a P/E/G ratio of 1.20 and a beta of 0.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.29 and a quick ratio of 1.15. The business has a 50-day moving average of $27.67 and a two-hundred day moving average of $25.08. Karat Packaging has a 12 month low of $20.61 and a 12 month high of $32.68.

Karat Packaging (NASDAQ:KRT – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. The company had revenue of $116.95 million during the quarter, compared to analyst estimates of $112.98 million. Karat Packaging had a return on equity of 19.87% and a net margin of 6.61%. As a group, research analysts forecast that Karat Packaging will post 1.98 earnings per share for the current year.

Karat Packaging Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, May 21st. Karat Packaging’s dividend payout ratio (DPR) is currently 113.92%.

Institutional Trading of Karat Packaging

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of Montreal Can acquired a new stake in Karat Packaging in the 4th quarter valued at approximately $5,216,000. KTF Investments LLC acquired a new stake in Karat Packaging in the 4th quarter valued at approximately $5,075,000. Polar Asset Management Partners Inc. acquired a new position in shares of Karat Packaging during the 3rd quarter valued at $5,039,000. Marshall Wace LLP acquired a new position in shares of Karat Packaging during the 2nd quarter valued at $4,312,000. Finally, CWA Asset Management Group LLC acquired a new position in shares of Karat Packaging during the 4th quarter valued at $2,398,000. 25.20% of the stock is currently owned by institutional investors and hedge funds.

Karat Packaging Company Profile

(Get Free Report)

Karat Packaging Technologies, Inc (NASDAQ: KRT) is a U.S.-based provider of premium packaging solutions for consumer goods and industrial products. The company specializes in the design, manufacture and delivery of high-quality litho-laminated folding cartons, tubes and flexible packaging. Karat Packaging operates an integrated production model that combines prepress, printing, converting and finishing capabilities to support the branding and shelf-appeal needs of its customers.

The company serves a diverse range of end markets, including food and beverage, confectionery, health and beauty, pharmaceuticals, specialty chemicals and promotional packaging.