Karat Packaging Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 17 out of 22 in the Containers & Packaging industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 31.50.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Karat Packaging Inc is 7.10, ranking 13 out of 22 in the Containers & Packaging industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 116.95M, representing a year-over-year increase of 12.86%, while its net profit experienced a year-over-year increase of 5.18%.
Key Metrics
The current valuation score of Karat Packaging Inc is 7.92, ranking 10 out of 22 in the Containers & Packaging industry. Its current P/E ratio is 16.87, which is 36.12% below the recent high of 22.96 and 44.04% above the recent low of 9.44.
The current earnings forecast score of Karat Packaging Inc is 6.00, ranking 20 out of 22 in the Containers & Packaging industry. The average price target is 28.50, with a high of 35.00 and a low of 22.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Karat Packaging Inc is 6.66, ranking 13 out of 22 in the Containers & Packaging industry. Currently, the stock price is trading between the resistance level at 29.78 and the support level at 24.90, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Karat Packaging Inc is 3.00, ranking 18 out of 22 in the Containers & Packaging industry. The latest institutional shareholding proportion is 35.62%, representing a quarter-over-quarter increase of 8.60%. The largest institutional shareholder is PRFDX, holding a total of 107.45K shares, representing 0.54% of shares outstanding, with 72.56% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Containers & Packaging domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Karat Packaging Inc is 6.87, ranking 16 out of 22 in the Containers & Packaging industry. The company's beta value is 0.88. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
