Kura Sushi USA (NASDAQ:KRUS) Posts Earnings Results, Beats Estimates By $0.03 EPS

Kura Sushi USA (NASDAQ:KRUS) announced its earnings results on Thursday. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03, FiscalAI reports. The business had revenue of $79.45 million for the quarter, compared to analysts’ expectations of $78.08 million. Kura Sushi USA had a positive return on equity of 0.18% and a negative net margin of 0.67%. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Price Performance

Shares of KRUS stock traded down $6.19 on Friday, reaching $48.54. 1,080,450 shares of the company were exchanged, compared to its average volume of 306,249. The company has a market cap of $586.85 million, a price-to-earnings ratio of -303.38 and a beta of 1.75. The company has a 50-day moving average of $66.38 and a 200-day moving average of $72.47. Kura Sushi USA has a one year low of $40.03 and a one year high of $110.66.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Kura Sushi USA in the second quarter valued at approximately $29,000. Tower Research Capital LLC TRC raised its position in shares of Kura Sushi USA by 42.5% during the second quarter. Tower Research Capital LLC TRC now owns 953 shares of the company’s stock worth $82,000 after purchasing an additional 284 shares during the period. The Manufacturers Life Insurance Company bought a new position in shares of Kura Sushi USA in the 2nd quarter worth $203,000. Creative Planning acquired a new stake in Kura Sushi USA in the 2nd quarter valued at $243,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Kura Sushi USA by 18.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,983 shares of the company’s stock valued at $204,000 after purchasing an additional 613 shares in the last quarter. 65.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KRUS shares. TD Cowen dropped their price target on shares of Kura Sushi USA from $79.00 to $59.00 and set a “hold” rating on the stock in a research report on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of Kura Sushi USA in a research note on Wednesday, October 8th. Benchmark cut their price target on shares of Kura Sushi USA from $102.00 to $85.00 and set a “buy” rating on the stock in a research report on Monday, October 27th. Wall Street Zen downgraded Kura Sushi USA from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Finally, Barclays dropped their price objective on Kura Sushi USA from $75.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 22nd. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Kura Sushi USA has a consensus rating of “Hold” and an average target price of $82.13.

About Kura Sushi USA