Kura Sushi USA (NASDAQ:KRUS) Stock Rating Lowered by Wall Street Zen

Key Points

• Kura Sushi USA's stock has been downgraded by Wall Street Zen from a "hold" rating to a "sell" rating.
• The stock currently has an average target price of $92.30, with some analysts maintaining a "buy" rating despite the downgrade.
• Kura Sushi's last quarterly earnings reported earnings per share of $0.05, exceeding consensus estimates, with revenue hitting $73.97 million.

Wall Street Zen downgraded shares of Kura Sushi USA (NASDAQ:KRUS - Free Report) from a hold rating to a sell rating in a research note issued to investors on Friday morning.

Several other research firms have also recently issued reports on KRUS. Roth Capital reiterated a "buy" rating and issued a $106.00 target price (up from $89.00) on shares of Kura Sushi USA in a research note on Wednesday, July 9th. TD Securities reiterated a "hold" rating and issued a $79.00 target price on shares of Kura Sushi USA in a research note on Wednesday, July 9th. Benchmark restated a "buy" rating on shares of Kura Sushi USA in a research report on Wednesday, July 9th. Citigroup raised their price objective on shares of Kura Sushi USA from $85.00 to $96.00 and gave the company a "neutral" rating in a research report on Wednesday, July 9th. Finally, Lake Street Capital lifted their target price on shares of Kura Sushi USA from $62.00 to $98.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $93.78.

Kura Sushi USA Stock Up 4.4%

KRUS traded up $3.52 on Friday, hitting $83.02. The company's stock had a trading volume of 202,082 shares, compared to its average volume of 199,067. The company's 50 day simple moving average is $82.02 and its 200-day simple moving average is $69.97. The firm has a market cap of $1.00 billion, a P/E ratio of -103.78 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.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last released its quarterly earnings data on Tuesday, July 8th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.07. The company had revenue of $73.97 million during the quarter, compared to the consensus estimate of $71.82 million. Kura Sushi USA had a negative net margin of 3.48% and a negative return on equity of 0.49%. Kura Sushi USA has set its FY 2025 guidance at EPS. Equities analysts predict that Kura Sushi USA will post 0.22 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of KRUS. Raymond James Financial Inc. purchased a new stake in Kura Sushi USA during the second quarter valued at approximately $29,000. AlphaQuest LLC purchased a new stake in Kura Sushi USA during the first quarter valued at approximately $68,000. BNP Paribas Financial Markets purchased a new stake in Kura Sushi USA during the fourth quarter valued at approximately $77,000. Tower Research Capital LLC TRC boosted its position in shares of Kura Sushi USA by 42.5% in the second quarter. Tower Research Capital LLC TRC now owns 953 shares of the company's stock worth $82,000 after purchasing an additional 284 shares during the period. Finally, US Bancorp DE boosted its position in shares of Kura Sushi USA by 14.8% in the first quarter. US Bancorp DE now owns 2,073 shares of the company's stock worth $106,000 after purchasing an additional 268 shares during the period. 65.49% of the stock is owned by hedge funds and other institutional investors.

Kura Sushi USA Company Profile