Kura Sushi USA, Inc. (NASDAQ:KRUS) Given Average Recommendation of “Moderate Buy” by Brokerages

Kura Sushi USA, Inc. (NASDAQ:KRUS) has been given a consensus rating of “Moderate Buy” by the ten ratings firms that are covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $93.7778.

KRUS has been the subject of several analyst reports. Citigroup raised their price target on shares of Kura Sushi USA from $85.00 to $96.00 and gave the company a “neutral” rating in a research note on Wednesday, July 9th. Wall Street Zen upgraded shares of Kura Sushi USA from a “sell” rating to a “hold” rating in a report on Friday. Benchmark restated a “buy” rating on shares of Kura Sushi USA in a report on Wednesday, July 9th. TD Securities reissued a “hold” rating and set a $79.00 target price on shares of Kura Sushi USA in a research note 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 note on Wednesday, July 9th.

Kura Sushi USA Trading Down 0.4%

Kura Sushi USA stock opened at $61.99 on Monday. The stock has a 50-day moving average price of $80.48 and a two-hundred day moving average price of $71.07. The company has a market capitalization of $749.46 million, a PE ratio of -77.49 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) last issued its quarterly earnings data on Tuesday, July 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.07. The business had revenue of $73.97 million during the quarter, compared to analyst estimates 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. As a group, analysts predict that Kura Sushi USA will post 0.22 earnings per share for the current fiscal year.

Institutional Trading of Kura Sushi USA

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in Kura Sushi USA in the second quarter valued at $29,000. AlphaQuest LLC bought a new stake in Kura Sushi USA in the 1st quarter valued at about $68,000. BNP Paribas Financial Markets bought a new stake in Kura Sushi USA in the 4th quarter valued at about $77,000. Tower Research Capital LLC TRC increased its position in Kura Sushi USA by 42.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 953 shares of the company’s stock valued at $82,000 after buying an additional 284 shares in the last quarter. Finally, US Bancorp DE increased its holdings in shares of Kura Sushi USA by 14.8% during the first quarter. US Bancorp DE now owns 2,073 shares of the company’s stock valued at $106,000 after acquiring an additional 268 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

About Kura Sushi USA