Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eleven ratings firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $92.30.
Several research analysts have weighed in on the company. Citigroup upped their price target on Kura Sushi USA from $85.00 to $96.00 and gave the stock a "neutral" rating in a research note on Wednesday. Wall Street Zen upgraded Kura Sushi USA from a "strong sell" rating to a "hold" rating in a research note on Saturday. Benchmark restated a "buy" rating on shares of Kura Sushi USA in a research note on Wednesday. Roth Capital restated a "buy" rating and issued a $106.00 price target (up from $89.00) on shares of Kura Sushi USA in a research note on Wednesday. Finally, William Blair reaffirmed an "outperform" rating on shares of Kura Sushi USA in a report on Wednesday, April 9th.
Read Our Latest Stock Analysis on KRUS
Institutional Trading of Kura Sushi USA
Several hedge funds have recently modified their holdings of KRUS. Quantbot Technologies LP purchased a new stake in Kura Sushi USA during the 4th quarter valued at $61,000. AlphaQuest LLC purchased a new stake in Kura Sushi USA during the 1st quarter valued at $68,000. BNP Paribas Financial Markets purchased a new stake in Kura Sushi USA during the 4th quarter valued at $77,000. US Bancorp DE raised its holdings in Kura Sushi USA by 14.8% during the 1st quarter. US Bancorp DE now owns 2,073 shares of the company's stock valued at $106,000 after buying an additional 268 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new stake in Kura Sushi USA during the 4th quarter valued at $109,000. 65.49% of the stock is owned by hedge funds and other institutional investors.
Kura Sushi USA Trading Down 1.1%
KRUS stock traded down $0.80 during midday trading on Wednesday, hitting $73.58. The company's stock had a trading volume of 316,164 shares, compared to its average volume of 227,550. Kura Sushi USA has a 12 month low of $40.03 and a 12 month high of $110.66. The company has a 50 day moving average of $73.96 and a two-hundred day moving average of $69.87.
Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 8th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.07. Kura Sushi USA had a negative return on equity of 0.49% and a negative net margin of 3.48%. The business had revenue of $73,965 billion during the quarter, compared to the consensus estimate of $71.82 million. Research analysts anticipate that Kura Sushi USA will post 0.22 EPS for the current fiscal year.
Kura Sushi USA Company Profile
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