How to Buy Karat Packaging Stock
Karat Packaging Inc
Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.
Karat Packaging stock last closed at $26.72, up 3.17% from the previous day, and has increased 19.87% in one year. It has overperformed other stocks in the Packaging & Containers industry by 0.01 percentage points. Karat Packaging stock is currently +55.08% from its 52-week low of $17.23, and -13.64% from its 52-week high of $30.94.
As of Oct 11, 2024, there are 20.01M shares of KRT outstanding. The market cap of KRT is $534.79M. In the last 24 hours, 25,467 KRT shares were traded.
How to Buy Karat Packaging Stock
Wondering how to invest in Karat Packaging stock? Here's how.
- Decide where to buy Karat Packaging stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Karat Packaging stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Karat Packaging stock: The Karat Packaging ticker symbol is KRT. Is Karat Packaging stock a good investment? Should you buy shares of KRT? How do KRT's underlying business fundamentals look? Do top analysts think Karat Packaging is a good buy? Why has KRT's stock price moved recently? (Hint: Our stock research tools can help you decide if KRT is a good stock to buy).
- Make your KRT buy order: Decide if you will purchase KRT shares at the current market price or use a limit order to buy KRT stock at a specific price.
- Keep an eye on your KRT position: Create a watchlist to the latest updates on your position in Karat Packaging shares.
Step 1: Decide where to buy Karat Packaging stock
You will need an online brokerage account in order to access the NASDAQ market and buy KRT stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you can buy KRT stock today.
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Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best investment app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Evaluate Karat Packaging stock
Once you have selected the best place to buy Karat Packaging stock, it's crucial to analyze their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Karat Packaging shares quick numbers
KRT Zen Score
WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on KRT's stock page.
Is KRT stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge KRT's intrinsic value.
Using relative valuations measures:
- KRT could be overvalued based on its P/E ratio of 18.82x, relative to Packaging & Containers industry P/E ratio of 17.69x
- KRT could be overvalued based on its P/B ratio of 3.39x, relative to Packaging & Containers industry P/B ratio of 3.23x
- KRT may be overvalued based on its PEG ratio of 1.47x
You can do more valuation analysis on KRT's stock here.
KRT Financial Health Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the KRT balance sheet.
- KRT earnings of $38.84M is not sufficient to cover its interest payments.
- KRT's operating cash flow of $42.58M allows it to safely service it's debt of $95.61M.
- There are more short-term assets than short-term liabilities on the KRT balance sheet.
Negative Health Checks:
- KRT has a relatively high debt to equity ratio of 0.93.
- KRT profit margin has gone down from 7.4% to 6.9% in the past year.
Is Karat Packaging stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on KRT, the consensus analyst rating on Karat Packaging is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Karat Packaging stock forecast page.
Metrics for Advanced KRT Traders
How are KRT Revenues/Earnings doing?
Last year, KRT earnings were $28.23M. In the last 3 year, KRT's earnings have grown by 78.25% per year. This was faster than the Packaging & Containers industry average of 9.5%.
Last year, KRT revenue was $409.32M. In the past three year, KRT's revenue has gone up by 66.32% per year. This was faster than the Packaging & Containers industry average of 3.76%.
Find out more about KRT's earnings and revenue performance here.
Latest Insiders Trades at KRT
Over the past 12 months, insiders at KRT have sold more shares than they have bought.
Jian Guo, Chief Financial Officer of KRT, was the latest KRT insider to buy. They bought $33,060.00 worth of KRT stock on Aug 19, 2024.
Dig into more about who owns KRT shares here.
Can I get consistent income from KRT stock?
No, Karat Packaging doesn't provide an income stream by paying out dividends.
KRT Social Trading Data
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Step 5: Make your KRT buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will execute your order.
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Step 6: Keep an eye on your KRT position
Now that you own some shares in KRT, you'll want to stay up-to-date on your new shares.
Put KRT on a watchlist to keep tabs on your KRT stock.
KRT Feed
How to Buy Stock in Karat Packaging
To summarize, here are the 6 steps for buying Karat Packaging stock:
- Decide where to buy Karat Packaging stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Evaluate Karat Packaging stock
- Make your KRT buy order
- Keep an eye on your KRT position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Karat Packaging, add KRT to your watchlist below.
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