Kura Sushi USA, Inc. (NASDAQ:KRUS) Receives $93.78 Average PT from Brokerages

Kura Sushi USA, Inc. (NASDAQ:KRUSGet Free Report) has received a consensus rating of “Hold” from the eleven research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $93.7778.

KRUS has been the subject of a number of recent research reports. Wall Street Zen upgraded Kura Sushi USA from a “sell” rating to a “hold” rating in a research report on Friday, September 26th. TD Securities restated a “hold” rating and set a $79.00 target price on shares of Kura Sushi USA in a research report on Wednesday, July 9th. Citigroup upped their price objective on Kura Sushi USA from $85.00 to $96.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. Benchmark reiterated a “buy” rating on shares of Kura Sushi USA in a report on Wednesday, July 9th. Finally, Lake Street Capital upped their price objective on Kura Sushi USA from $62.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, July 9th.

View Our Latest Report on Kura Sushi USA

Institutional Investors Weigh In On Kura Sushi USA

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Kura Sushi USA by 2.3% in the first quarter. Vanguard Group Inc. now owns 366,043 shares of the company’s stock valued at $18,741,000 after purchasing an additional 8,201 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Kura Sushi USA by 30,191.7% in the first quarter. GAMMA Investing LLC now owns 3,635 shares of the company’s stock worth $186,000 after acquiring an additional 3,623 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Kura Sushi USA in the first quarter worth about $573,000. Nuveen LLC bought a new stake in shares of Kura Sushi USA in the first quarter worth about $797,000. Finally, Blueshift Asset Management LLC bought a new stake in shares of Kura Sushi USA in the first quarter worth about $248,000. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Stock Down 3.8%

KRUS stock opened at $60.72 on Friday. The company has a market cap of $734.10 million, a P/E ratio of -75.90 and a beta of 1.76. Kura Sushi USA has a twelve month low of $40.03 and a twelve month high of $110.66. The business has a fifty day moving average of $72.37 and a 200-day moving average of $71.74.

Kura Sushi USA (NASDAQ:KRUSGet Free Report) last released its earnings results on Monday, March 13th. The company reported ($0.13) earnings per share for the quarter. The firm had revenue of $29.83 million for the quarter. Kura Sushi USA had a negative return on equity of 0.49% and a negative net margin of 3.48%. As a group, equities research analysts anticipate that Kura Sushi USA will post 0.22 earnings per share for the current fiscal year.

Kura Sushi USA Company Profile

(Get Free Report)

Recommended Stories

Analyst Recommendations for Kura Sushi USA (NASDAQ:KRUS)

Receive News & Ratings for Kura Sushi USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kura Sushi USA and related companies with MarketBeat.com's FREE daily email newsletter.