Karat Packaging Inc Q3 2024 Earnings Call Highlights Strong Sales Growth and Ecofriendly ...
| KRT Stock | USD 30.98 0.39 1.24% |
Slightly above 62% of Karat Packaging's investor base is looking to short. The current sentiment regarding investing in Karat Packaging stock implies that many traders are alarmed. Karat Packaging's investing sentiment can be driven by a variety of factors including economic data, Karat Packaging's earnings reports, geopolitical events, and overall market trends.
Karat |
Net Sales 112.8 million, up 6.9 percent from 105.5 million in the prior year quarter.Sales Volume Growth Nearly 10 percent compared to the 2023 third quarter.Online Sale
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Karat Packaging Fundamental Analysis
We analyze Karat Packaging's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Karat Packaging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Karat Packaging based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Karat Packaging is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Karat Packaging Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Karat Packaging stock to make a market-neutral strategy. Peer analysis of Karat Packaging could also be used in its relative valuation, which is a method of valuing Karat Packaging by comparing valuation metrics with similar companies.
Peers
Karat Packaging Related Equities
| SLGN | Silgan Holdings | 5.23 | ||||
| OI | O I | 1.85 | ||||
| MYE | Myers Industries | 1.74 | ||||
| GPK | Graphic Packaging | 0.50 | ||||
| GEF | Greif Bros | 0.41 | ||||
| SON | Sonoco Products | 0.15 | ||||
| BALL | Ball | 0.47 | ||||
| SEE | Sealed Air | 0.62 | ||||
| REYN | Reynolds Consumer | 0.80 |
Additional Tools for Karat Stock Analysis
When running Karat Packaging's price analysis, check to measure Karat Packaging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Karat Packaging is operating at the current time. Most of Karat Packaging's value examination focuses on studying past and present price action to predict the probability of Karat Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karat Packaging's price. Additionally, you may evaluate how the addition of Karat Packaging to your portfolios can decrease your overall portfolio volatility.