Kura Sushi USA, Inc. (NASDAQ:KRUS) Receives $93.78 Average Target Price from Analysts

Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS) have been assigned an average recommendation of “Moderate Buy” from the ten research firms that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $93.7778.

Several equities research analysts recently weighed in on the stock. Roth Capital reaffirmed a “buy” rating and set a $106.00 price objective (up previously from $89.00) on shares of Kura Sushi USA in a research report on Wednesday, July 9th. Barclays upped their price target on shares of Kura Sushi USA from $71.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 9th. Benchmark reaffirmed a “buy” rating on shares of Kura Sushi USA in a report on Wednesday, July 9th. Lake Street Capital upped their price target on shares of Kura Sushi USA from $62.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Finally, Citigroup upped their target price on Kura Sushi USA from $85.00 to $96.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 9th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Kura Sushi USA by 2.3% in the first quarter. Vanguard Group Inc. now owns 366,043 shares of the company’s stock worth $18,741,000 after acquiring an additional 8,201 shares during the last quarter. GAMMA Investing LLC lifted its stake in Kura Sushi USA by 30,191.7% in the 1st quarter. GAMMA Investing LLC now owns 3,635 shares of the company’s stock valued at $186,000 after purchasing an additional 3,623 shares during the last quarter. Trexquant Investment LP bought a new position in Kura Sushi USA in the 1st quarter valued at approximately $573,000. Nuveen LLC bought a new position in Kura Sushi USA in the 1st quarter valued at approximately $797,000. Finally, Moody National Bank Trust Division lifted its stake in shares of Kura Sushi USA by 21.9% in the 1st quarter. Moody National Bank Trust Division now owns 28,110 shares of the company’s stock valued at $1,439,000 after acquiring an additional 5,043 shares during the last quarter. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Trading Down 0.4%

Shares of KRUS stock opened at $61.99 on Monday. The stock has a market cap of $749.46 million, a P/E ratio of -77.49 and a beta of 1.79. The stock has a 50 day simple moving average of $80.48 and a 200 day simple moving average of $71.07. Kura Sushi USA has a 1 year low of $40.03 and a 1 year high of $110.66.

Kura Sushi USA (NASDAQ:KRUS) last issued its quarterly earnings results on Tuesday, July 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.07. The business had revenue of $73.97 million during the quarter, compared to analysts’ expectations of $71.82 million. Kura Sushi USA had a negative return on equity of 0.49% and a negative net margin of 3.48%. Kura Sushi USA has set its FY 2025 guidance at EPS. Analysts forecast that Kura Sushi USA will post 0.22 EPS for the current year.

Kura Sushi USA Company Profile