Kura Sushi USA (NASDAQ:KRUS) Shares Down 4.8% - Should You Sell?

Key Points

• Kura Sushi USA's stock price dropped 4.8% to $76.37 following mid-day trading, with a significant decline in trading volume.
• Analysts have recently made various rating adjustments, with five analysts giving a Buy rating and five a Hold rating, resulting in a Moderate Buy average rating.
• The company's recent quarterly earnings report showed an EPS of $0.05, exceeding expectations, with guidance for FY 2025 set at a projected 0.22 earnings per share.

Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report)'s stock price fell 4.8% during trading on Tuesday . The company traded as low as $76.75 and last traded at $76.37. 173,048 shares were traded during mid-day trading, a decline of 38% from the average session volume of 277,683 shares. The stock had previously closed at $80.24.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on KRUS. Roth Capital reissued a "buy" rating and issued a $106.00 price objective (up from $89.00) on shares of Kura Sushi USA in a report on Wednesday, July 9th. Barclays upped their price target on Kura Sushi USA from $71.00 to $75.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 9th. Lake Street Capital lifted their price objective on shares of Kura Sushi USA from $62.00 to $98.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Wall Street Zen cut shares of Kura Sushi USA from a "hold" rating to a "sell" rating in a report on Friday, September 5th. Finally, Citigroup lifted their price target on shares of Kura Sushi USA from $85.00 to $96.00 and gave the company a "neutral" rating in a report on Wednesday, July 9th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $93.78.

Kura Sushi USA Stock Down 5.5%

The stock has a market capitalization of $887.53 million, a P/E ratio of -91.76 and a beta of 1.79. The firm's 50-day simple moving average is $81.57 and its 200 day simple moving average is $70.63.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 8th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.07. The firm had revenue of $73.97 million for 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, equities analysts anticipate that Kura Sushi USA, Inc. will post 0.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in Kura Sushi USA in the 2nd quarter worth approximately $29,000. BNP Paribas Financial Markets acquired a new position in shares of Kura Sushi USA in the fourth quarter worth $77,000. Tower Research Capital LLC TRC raised its holdings in shares of 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 acquiring an additional 284 shares in the last quarter. AlphaQuest LLC acquired a new stake in Kura Sushi USA during the first quarter valued at $68,000. Finally, US Bancorp DE grew its stake in Kura Sushi USA by 14.8% in the first quarter. US Bancorp DE now owns 2,073 shares of the company's stock valued at $106,000 after purchasing an additional 268 shares in the last quarter. 65.49% of the stock is owned by hedge funds and other institutional investors.

Kura Sushi USA Company Profile