Kura Sushi USA, Inc. (NASDAQ:KRUS) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Kura Sushi USA, Inc. has received an average rating of "Moderate Buy" from analysts, with six out of eleven research firms recommending to buy the stock and five suggesting a hold.
• Analysts have set an average 12-month target price of $92.30, with individual firm target prices ranging from $62.00 to $106.00.
• In its latest earnings report, Kura Sushi USA posted an EPS of $0.05, exceeding expectations and achieving $73.97 million in revenue.

Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report) has received a consensus rating of "Moderate Buy" from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $92.30.

Several analysts recently commented on KRUS shares. Citigroup increased their target price on shares of Kura Sushi USA from $85.00 to $96.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Lake Street Capital increased their target price on shares of Kura Sushi USA from $62.00 to $98.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. TD Securities reissued a "hold" rating and set a $79.00 target price on shares of Kura Sushi USA in a research note on Wednesday, July 9th. Roth Capital reissued a "buy" rating and set a $106.00 target price (up from $89.00) on shares of Kura Sushi USA in a research note on Wednesday, July 9th. Finally, Wall Street Zen raised shares of Kura Sushi USA from a "sell" rating to a "hold" rating in a research note on Sunday.

Kura Sushi USA Trading Up 1.6%

Shares of NASDAQ:KRUS opened at $81.03 on Thursday. Kura Sushi USA has a twelve month low of $40.03 and a twelve month high of $110.66. The firm has a market cap of $979.65 million, a P/E ratio of -101.29 and a beta of 1.80. The company has a 50 day moving average of $82.17 and a 200-day moving average of $69.39.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last released its earnings results on Tuesday, July 8th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.07. Kura Sushi USA had a negative net margin of 3.48% and a negative return on equity of 0.49%. The business had revenue of $73,965 billion during the quarter, compared to analyst estimates of $71.82 million. Kura Sushi USA has set its FY 2025 guidance at EPS. Equities research analysts forecast that Kura Sushi USA will post 0.22 EPS for the current year.

Institutional Investors Weigh In On Kura Sushi USA

Several hedge funds have recently made changes to their positions in KRUS. Hood River Capital Management LLC purchased a new stake in shares of Kura Sushi USA in the 2nd quarter valued at approximately $31,561,000. Driehaus Capital Management LLC purchased a new stake in shares of Kura Sushi USA in the 4th quarter valued at approximately $24,063,000. Marshall Wace LLP lifted its position in shares of Kura Sushi USA by 71.1% in the 2nd quarter. Marshall Wace LLP now owns 286,075 shares of the company's stock valued at $24,625,000 after acquiring an additional 118,906 shares in the last quarter. Millennium Management LLC lifted its position in shares of Kura Sushi USA by 1,334.5% in the 4th quarter. Millennium Management LLC now owns 109,363 shares of the company's stock valued at $9,906,000 after acquiring an additional 101,739 shares in the last quarter. Finally, Ophir Asset Management Pty Ltd lifted its position in shares of Kura Sushi USA by 64.9% in the 2nd quarter. Ophir Asset Management Pty Ltd now owns 223,724 shares of the company's stock valued at $20,093,000 after acquiring an additional 88,043 shares in the last quarter. Hedge funds and other institutional investors own 65.49% of the company's stock.

About Kura Sushi USA

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