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

Key Points

• Kura Sushi USA has received a consensus rating of "Moderate Buy" from analysts, with five ratings each for hold and buy.
• The company's stock price target has an average of $93.78 among brokerages, showcasing a positive outlook despite a recent trading dip of 5.5%.
• Kura Sushi USA reported earnings of $0.05 EPS for the last quarter, exceeding analysts' expectations, and generated $73.97 million in revenue.

Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $93.7778.

Several equities research analysts have recently weighed in on the company. TD Securities reissued a "hold" rating and issued a $79.00 price target on shares of Kura Sushi USA in a research note on Wednesday, July 9th. Barclays increased their price target on Kura Sushi USA from $71.00 to $75.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 9th. Lake Street Capital increased their price target on Kura Sushi USA from $62.00 to $98.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Citigroup increased their price target on Kura Sushi USA from $85.00 to $96.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Finally, Benchmark reissued a "buy" rating on shares of Kura Sushi USA in a research note on Wednesday, July 9th.

Kura Sushi USA Trading Down 5.5%

Kura Sushi USA stock opened at $73.41 on Monday. The company has a market capitalization of $887.53 million, a PE ratio of -91.76 and a beta of 1.79. Kura Sushi USA has a 12 month low of $40.03 and a 12 month high of $110.66. The stock has a 50-day moving average price of $81.57 and a two-hundred day moving average price of $70.73.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last posted 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. The firm had revenue of $73.97 million during the quarter, compared to the consensus estimate 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. As a group, analysts predict that Kura Sushi USA will post 0.22 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kura Sushi USA

A number of hedge funds have recently added to or reduced their stakes in KRUS. Jane Street Group LLC increased its holdings in Kura Sushi USA by 17.1% in the fourth quarter. Jane Street Group LLC now owns 8,096 shares of the company's stock worth $733,000 after purchasing an additional 1,181 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in Kura Sushi USA in the fourth quarter worth approximately $77,000. Bank of America Corp DE increased its holdings in Kura Sushi USA by 4.2% in the fourth quarter. Bank of America Corp DE now owns 5,906 shares of the company's stock worth $535,000 after purchasing an additional 238 shares in the last quarter. Deutsche Bank AG increased its holdings in Kura Sushi USA by 34.4% in the fourth quarter. Deutsche Bank AG now owns 5,309 shares of the company's stock worth $481,000 after purchasing an additional 1,360 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in Kura Sushi USA by 1,334.5% in the fourth quarter. Millennium Management LLC now owns 109,363 shares of the company's stock worth $9,906,000 after purchasing an additional 101,739 shares in the last quarter. 65.49% of the stock is currently owned by institutional investors.

Kura Sushi USA Company Profile

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