Kura Sushi USA, Inc. (NASDAQ:KRUS) Receives Average Rating of "Moderate Buy" from Analysts

Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report) has earned an average rating of "Moderate Buy" from the nine analysts that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $84.88.

Several research analysts recently issued reports on KRUS shares. Northcoast Research assumed coverage on Kura Sushi USA in a research note on Tuesday, September 10th. They issued a "buy" rating and a $79.00 price target for the company. Barclays upped their price objective on shares of Kura Sushi USA from $70.00 to $90.00 and gave the company an "equal weight" rating in a report on Friday, November 8th. Craig Hallum lifted their target price on shares of Kura Sushi USA from $85.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. Finally, Piper Sandler boosted their target price on shares of Kura Sushi USA from $63.00 to $98.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th.

Institutional Trading of Kura Sushi USA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Comerica Bank raised its position in Kura Sushi USA by 58.6% during the first quarter. Comerica Bank now owns 268 shares of the company's stock valued at $31,000 after acquiring an additional 99 shares in the last quarter. Quest Partners LLC increased its holdings in shares of Kura Sushi USA by 237.9% during the 3rd quarter. Quest Partners LLC now owns 669 shares of the company's stock valued at $54,000 after purchasing an additional 471 shares in the last quarter. Versor Investments LP acquired a new position in shares of Kura Sushi USA in the 2nd quarter valued at $233,000. Janus Henderson Group PLC purchased a new stake in Kura Sushi USA during the third quarter worth $237,000. Finally, Moody National Bank Trust Division acquired a new stake in Kura Sushi USA during the second quarter valued at $365,000. Institutional investors and hedge funds own 65.49% of the company's stock.

Kura Sushi USA Trading Down 0.8 %

Shares of KRUS traded down $0.90 during midday trading on Tuesday, hitting $105.38. 94,073 shares of the company's stock traded hands, compared to its average volume of 163,365. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -135.10 and a beta of 1.86. Kura Sushi USA has a 1 year low of $48.66 and a 1 year high of $122.81. The firm's fifty day moving average is $89.62 and its 200-day moving average is $78.79.

Kura Sushi USA Company Profile