KRT vs. MYE, EBF, SWIM, CLW, TG, TUP, NCL, DSWL, FORD, and ENTG
Should you be buying Karat Packaging stock or one of its competitors? The main competitors of Karat Packaging include Myers Industries (MYE), Ennis (EBF), Latham Group (SWIM), Clearwater Paper (CLW), Tredegar (TG), Tupperware Brands (TUP), Northann (NCL), Deswell Industries (DSWL), Forward Industries (FORD), and Entegris (ENTG).
Karat Packaging (NASDAQ:KRT) and Myers Industries (NYSE:MYE) are both small-cap industrial products companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, community ranking, valuation, risk, media sentiment and analyst recommendations.
Karat Packaging has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500. Comparatively, Myers Industries has a beta of 1.25, indicating that its stock price is 25% more volatile than the S&P 500.
Myers Industries has higher revenue and earnings than Karat Packaging. Myers Industries is trading at a lower price-to-earnings ratio than Karat Packaging, indicating that it is currently the more affordable of the two stocks.
Karat Packaging has a net margin of 7.31% compared to Myers Industries' net margin of 4.90%. Karat Packaging's return on equity of 21.94% beat Myers Industries' return on equity.
Myers Industries received 210 more outperform votes than Karat Packaging when rated by MarketBeat users. However, 63.33% of users gave Karat Packaging an outperform vote while only 59.17% of users gave Myers Industries an outperform vote.
Karat Packaging pays an annual dividend of $1.40 per share and has a dividend yield of 5.0%. Myers Industries pays an annual dividend of $0.54 per share and has a dividend yield of 3.4%. Karat Packaging pays out 94.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Myers Industries pays out 50.9% of its earnings in the form of a dividend.
In the previous week, Myers Industries had 3 more articles in the media than Karat Packaging. MarketBeat recorded 5 mentions for Myers Industries and 2 mentions for Karat Packaging. Karat Packaging's average media sentiment score of 1.45 beat Myers Industries' score of 0.07 indicating that Karat Packaging is being referred to more favorably in the media.
25.2% of Karat Packaging shares are owned by institutional investors. Comparatively, 90.8% of Myers Industries shares are owned by institutional investors. 66.1% of Karat Packaging shares are owned by insiders. Comparatively, 1.4% of Myers Industries shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Karat Packaging currently has a consensus target price of $30.33, indicating a potential upside of 7.91%. Myers Industries has a consensus target price of $30.00, indicating a potential upside of 89.99%. Given Myers Industries' higher probable upside, analysts plainly believe Myers Industries is more favorable than Karat Packaging.
Summary
Karat Packaging beats Myers Industries on 11 of the 19 factors compared between the two stocks.
Get Karat Packaging News Delivered to You Automatically
Sign up to receive the latest news and ratings for KRT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding KRT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Karat Packaging Competitors List
Related Companies and Tools
