Kura Sushi USA (NASDAQ:KRUS) Posts Earnings Results, Beats Expectations By $0.03 EPS

Kura Sushi USA (NASDAQ:KRUS) posted its earnings results on Thursday. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03, FiscalAI reports. The company had revenue of $79.45 million for the quarter, compared to analyst estimates of $78.08 million. Kura Sushi USA had a negative net margin of 0.67% and a positive return on equity of 0.18%. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Price Performance

Shares of Kura Sushi USA stock traded down $6.19 during trading hours on Friday, hitting $48.54. 1,080,450 shares of the company’s stock traded hands, compared to its average volume of 306,249. The stock has a market capitalization of $586.85 million, a price-to-earnings ratio of -303.38 and a beta of 1.75. Kura Sushi USA has a 12-month low of $40.03 and a 12-month high of $110.66. The company has a fifty day simple moving average of $66.38 and a 200-day simple moving average of $72.47.

Hedge Funds Weigh In On Kura Sushi USA

Several institutional investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its holdings in Kura Sushi USA by 42.5% during the second quarter. Tower Research Capital LLC TRC now owns 953 shares of the company’s stock worth $82,000 after buying an additional 284 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Kura Sushi USA during the 2nd quarter valued at approximately $29,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Kura Sushi USA by 18.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,983 shares of the company’s stock worth $204,000 after purchasing an additional 613 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Kura Sushi USA by 8.3% in the 2nd quarter. Rhumbline Advisers now owns 9,670 shares of the company’s stock worth $832,000 after purchasing an additional 741 shares during the period. Finally, Man Group plc raised its holdings in shares of Kura Sushi USA by 11.0% in the 2nd quarter. Man Group plc now owns 8,140 shares of the company’s stock worth $701,000 after purchasing an additional 809 shares during the period. Institutional investors own 65.49% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on KRUS. Wall Street Zen downgraded Kura Sushi USA from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Benchmark decreased their price target on Kura Sushi USA from $102.00 to $85.00 and set a “buy” rating for the company in a report on Monday, October 27th. Sanford C. Bernstein set a $67.00 price target on Kura Sushi USA in a research report on Wednesday, October 22nd. TD Cowen cut their price objective on shares of Kura Sushi USA from $79.00 to $59.00 and set a “hold” rating on the stock in a report on Friday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kura Sushi USA in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $82.13.

Kura Sushi USA Company Profile