Karat Packaging (NASDAQ:KRT) Reaches New 52-Week High – What’s Next?

Posted by Stanley Muller on Jul 20th, 2026

Karat Packaging Inc. (NASDAQ:KRT – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as $38.44 and last traded at $38.3750, with a volume of 189595 shares traded. The stock had previously closed at $38.09.

Analysts Set New Price Targets

Several analysts have commented on KRT shares. William Blair upgraded shares of Karat Packaging from a “market perform” rating to an “outperform” rating in a research note on Thursday, June 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Karat Packaging in a report on Thursday, June 11th. Wall Street Zen upgraded shares of Karat Packaging from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. The Goldman Sachs Group lowered shares of Karat Packaging to a “neutral” rating in a report on Thursday, June 4th. Finally, Zacks Research downgraded Karat Packaging from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Karat Packaging presently has an average rating of “Hold” and an average target price of $36.50.

Check Out Our Latest Analysis on KRT

Karat Packaging Stock Performance

The firm’s 50 day moving average is $30.27 and its 200-day moving average is $27.62. The stock has a market capitalization of $774.83 million, a price-to-earnings ratio of 24.55, a PEG ratio of 1.65 and a beta of 0.85. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.15 and a current ratio of 2.29.

Karat Packaging (NASDAQ:KRT – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $116.95 million during the quarter, compared to analysts’ expectations of $112.98 million. Karat Packaging had a net margin of 6.61% and a return on equity of 19.87%. Analysts forecast that Karat Packaging Inc. will post 1.78 earnings per share for the current fiscal year.

Karat Packaging Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 21st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Thursday, May 21st. Karat Packaging’s dividend payout ratio (DPR) is 113.92%.

Hedge Funds Weigh In On Karat Packaging

A number of institutional investors have recently bought and sold shares of the company. Clearstead Advisors LLC lifted its stake in Karat Packaging by 188.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,493 shares of the company’s stock worth $34,000 after acquiring an additional 976 shares in the last quarter. CWM LLC boosted its stake in Karat Packaging by 61.5% in the fourth quarter. CWM LLC now owns 2,651 shares of the company’s stock valued at $60,000 after acquiring an additional 1,010 shares in the last quarter. Quarry LP purchased a new position in shares of Karat Packaging during the third quarter worth approximately $70,000. Deutsche Bank AG grew its stake in shares of Karat Packaging by 142.8% in the 4th quarter. Deutsche Bank AG now owns 3,861 shares of the company’s stock valued at $87,000 after purchasing an additional 2,271 shares during the last quarter. Finally, State of Wyoming acquired a new position in shares of Karat Packaging during the fourth quarter worth about $122,000. 25.20% of the stock is owned by hedge funds and other institutional investors.

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.