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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kura Sushi USA in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KRUS shares.
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6 equities research analysts have issued 12-month target prices for Kura Sushi USA's shares. Their KRUS share price forecasts range from $53.00 to $90.00. On average, they expect the company's share price to reach $76.17 in the next twelve months. This suggests that the stock has a possible downside of 9.6%.
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 beginning of 2023. Since then, KRUS stock has increased by 76.7% and is now trading at $84.27.
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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) announced its quarterly earnings results on Tuesday, April, 4th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.10. The firm earned $43.94 million during the quarter, compared to the consensus estimate of $41.79 million. Kura Sushi USA had a negative net margin of 0.44% and a negative trailing twelve-month return on equity of 0.59%. The firm's revenue for the quarter was up 40.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($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 issued an update on its earnings guidance on Friday, April, 7th. The company provided earnings per share (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 IPO on Thursday, August 1st 2019. The company issued 2,900,000 shares at a price of $14.00-$16.00 per share. BMO Capital Markets and Stephens served 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 retail and institutional investors. Top institutional investors 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 $84.27.

Kura Sushi USA (NASDAQ:KRUS) has a market capitalization of $920.23 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.