Kura Sushi USA (KRUS) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kura Sushi USA in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRUS shares.
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6 equities research analysts have issued 1 year target prices for Kura Sushi USA's stock. Their KRUS share price forecasts range from $53.00 to $90.00. On average, they predict the company's share price to reach $76.17 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
View analysts price targets for KRUS or view top-rated stocks among Wall Street analysts.

Kura Sushi USA's stock was trading at $47.68 at the start of the year. Since then, KRUS shares have increased by 73.4% and is now trading at $82.69.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 6th 2023.
View our KRUS earnings forecast.

Kura Sushi USA, Inc. (NASDAQ:KRUS) issued its quarterly earnings results on Tuesday, April, 4th. The company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.20) by $0.10. The business earned $43.94 million during the quarter, compared to the consensus estimate of $41.79 million. Kura Sushi USA had a negative trailing twelve-month return on equity of 0.59% and a negative net margin of 0.44%. The company's revenue for the quarter was up 40.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.19) EPS.

Vanguard U.S. Momentum Factor ETF holds 5,613 shares of KRUS stock, representing 0.17% of its portfolio.

Kura Sushi USA updated its earnings guidance on Friday, April, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $185.00 million-$188.00 million, compared to the consensus revenue estimate of $185.41 million.

18 employees have rated Kura Sushi USA Chief Executive Officer Hajime Uba on Glassdoor.com. Hajime Uba has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kura Sushi USA investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), Carnival Co. & (CCL), Walt Disney (DIS), NVIDIA (NVDA), Verizon Communications (VZ), Chevron (CVX), Delta Air Lines (DAL) and Enterprise Products Partners (EPD).

(KRUS) raised $44 million in an initial public offering (IPO) on Thursday, August 1st 2019. The company issued 2,900,000 shares at $14.00-$16.00 per share. BMO Capital Markets and Stephens acted as the underwriters for the IPO and BTIG, Roth Capital Partners and Maxim Group were co-managers.

Kura Sushi USA trades on the NASDAQ under the ticker symbol "KRUS."

Kura Sushi USA's stock is owned by many different institutional and retail investors. Top institutional shareholders include Stephens Inc. AR (7.54%), Portolan Capital Management LLC (4.17%), Ameriprise Financial Inc. (2.65%), BlackRock Inc. (2.65%), Next Century Growth Investors LLC (2.45%) and FMR LLC (2.42%).
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Shares of KRUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KRUS stock can currently be purchased for approximately $82.69.

Kura Sushi USA (NASDAQ:KRUS) has a market capitalization of $902.97 million and generates $141.09 million in revenue each year. The company earns $-760,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.

The company employs 2,100 workers across the globe.

Kura Sushi USA's mailing address is 17932 SKY PARK CIRCLE SUITE H, IRVINE CA, 92614. The official website for the company is www.kurausa.com. The company can be reached via phone at (657) 333-4100 or via email at christine@blueshirtgroup.com.