Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report) have been given a consensus rating of "Moderate Buy" by the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $84.88.
KRUS has been the topic of a number of research reports. Northcoast Research assumed coverage on shares of Kura Sushi USA in a research report on Tuesday, September 10th. They set a "buy" rating and a $79.00 target price on the stock. Barclays boosted their price objective on shares of Kura Sushi USA from $70.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Friday, November 8th. Piper Sandler boosted their price target on Kura Sushi USA from $63.00 to $98.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Finally, Craig Hallum raised their price objective on Kura Sushi USA from $85.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.
View Our Latest Research Report on Kura Sushi USA
Kura Sushi USA Price Performance
Shares of KRUS stock traded down $0.10 during mid-day trading on Friday, hitting $93.62. The stock had a trading volume of 143,996 shares, compared to its average volume of 159,309. Kura Sushi USA has a 12-month low of $48.66 and a 12-month high of $122.81. The firm's 50-day moving average is $96.50 and its two-hundred day moving average is $78.90. The firm has a market capitalization of $1.12 billion, a P/E ratio of -120.02 and a beta of 1.80.
Institutional Trading of Kura Sushi USA
Several large investors have recently bought and sold shares of the stock. Landscape Capital Management L.L.C. acquired a new stake in shares of Kura Sushi USA during the third quarter worth $2,609,000. Rheos Capital Works Inc. raised its stake in Kura Sushi USA by 6.3% in the 3rd quarter. Rheos Capital Works Inc. now owns 204,000 shares of the company's stock worth $16,434,000 after acquiring an additional 12,000 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Kura Sushi USA by 33.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,572 shares of the company's stock worth $529,000 after acquiring an additional 1,644 shares during the period. Millrace Asset Group Inc. purchased a new stake in Kura Sushi USA during the 3rd quarter valued at about $790,000. Finally, Fred Alger Management LLC increased its holdings in shares of Kura Sushi USA by 24.5% in the third quarter. Fred Alger Management LLC now owns 505,600 shares of the company's stock valued at $40,731,000 after purchasing an additional 99,515 shares during the period. Hedge funds and other institutional investors own 65.49% of the company's stock.
Kura Sushi USA Company Profile
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