Kura Sushi USA, Inc. (NASDAQ:KRUS) Receives $82.13 Consensus Price Target from Analysts

Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS) have earned an average recommendation of “Hold” from the nine analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $82.1250.

Several equities analysts have recently weighed in on KRUS shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kura Sushi USA in a research note on Monday, December 1st. Sanford C. Bernstein set a $67.00 price target on shares of Kura Sushi USA in a report on Wednesday, October 22nd. TD Cowen decreased their price objective on shares of Kura Sushi USA from $79.00 to $59.00 and set a “hold” rating for the company in a research note on Friday, November 7th. Wall Street Zen raised shares of Kura Sushi USA from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Benchmark cut their target price on shares of Kura Sushi USA from $102.00 to $85.00 and set a “buy” rating on the stock in a research note on Monday, October 27th.

Institutional Investors Weigh In On Kura Sushi USA

Institutional investors and hedge funds have recently modified their holdings of the stock. Federated Hermes Inc. purchased a new stake in Kura Sushi USA during the 1st quarter worth approximately $343,000. US Bancorp DE grew its position 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 worth $106,000 after buying an additional 268 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Kura Sushi USA by 2.3% in the first quarter. Vanguard Group Inc. now owns 366,043 shares of the company’s stock worth $18,741,000 after buying an additional 8,201 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Kura Sushi USA by 2.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 49,457 shares of the company’s stock worth $2,532,000 after buying an additional 1,313 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in Kura Sushi USA by 3.6% in the first quarter. Deutsche Bank AG now owns 5,500 shares of the company’s stock valued at $282,000 after acquiring an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Stock Down 0.6%

Shares of NASDAQ KRUS opened at $53.61 on Friday. The stock has a market capitalization of $649.22 million, a PE ratio of -335.06 and a beta of 1.71. The firm has a fifty day moving average of $54.82 and a 200-day moving average of $70.43. Kura Sushi USA has a 52-week low of $40.03 and a 52-week high of $108.46.

Kura Sushi USA (NASDAQ:KRUS) last issued its earnings results on Monday, March 13th. The company reported ($0.13) earnings per share for the quarter. Kura Sushi USA had a negative net margin of 0.67% and a positive return on equity of 0.18%. The firm had revenue of $29.83 million during the quarter. Equities research analysts expect that Kura Sushi USA will post 0.22 EPS for the current fiscal year.

Kura Sushi USA Company Profile