Kura Sushi USA, Inc. (NASDAQ:KRUS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS) have received an average rating of “Moderate Buy” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $77.20.

Several equities research analysts recently weighed in on KRUS shares. William Blair reaffirmed an “outperform” rating on shares of Kura Sushi USA in a research note on Wednesday, April 9th. Lake Street Capital dropped their price objective on Kura Sushi USA from $103.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. TD Securities reaffirmed a “hold” rating and set a $72.00 price objective on shares of Kura Sushi USA in a research report on Friday, April 4th. Benchmark lowered their target price on Kura Sushi USA from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Finally, TD Cowen started coverage on Kura Sushi USA in a report on Tuesday, February 25th. They issued a “hold” rating and a $72.00 target price on the stock.

Kura Sushi USA Stock Performance

Shares of KRUS stock opened at $66.33 on Tuesday. The company has a market capitalization of $801.60 million, a P/E ratio of -97.54 and a beta of 1.55. The stock has a 50 day moving average price of $56.45 and a two-hundred day moving average price of $75.18. Kura Sushi USA has a fifty-two week low of $40.03 and a fifty-two week high of $112.61.

Kura Sushi USA (NASDAQ:KRUS) last announced its earnings results on Tuesday, April 8th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06). The business had revenue of $64.89 million for the quarter, compared to the consensus estimate of $66.30 million. Kura Sushi USA had a negative net margin of 3.08% and a negative return on equity of 0.50%. During the same quarter in the prior year, the company earned ($0.09) EPS. As a group, equities analysts predict that Kura Sushi USA will post 0.22 earnings per share for the current year.

Institutional Trading of Kura Sushi USA

Several institutional investors have recently made changes to their positions in KRUS. 12 West Capital Management LP grew its holdings in Kura Sushi USA by 12.8% during the 4th quarter. 12 West Capital Management LP now owns 556,415 shares of the company’s stock valued at $50,400,000 after buying an additional 63,000 shares in the last quarter. Granahan Investment Management LLC lifted its stake in shares of Kura Sushi USA by 9.3% during the 1st quarter. Granahan Investment Management LLC now owns 401,143 shares of the company’s stock worth $20,539,000 after acquiring an additional 34,114 shares during the last quarter. Portolan Capital Management LLC lifted its stake in shares of Kura Sushi USA by 72.4% during the 4th quarter. Portolan Capital Management LLC now owns 373,253 shares of the company’s stock worth $33,809,000 after acquiring an additional 156,723 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Kura Sushi USA by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 366,043 shares of the company’s stock worth $18,741,000 after acquiring an additional 8,201 shares during the last quarter. Finally, Driehaus Capital Management LLC bought a new stake in shares of Kura Sushi USA during the 4th quarter worth approximately $24,063,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Company Profile