Kura Sushi USA (NASDAQ:KRUS - Get Free Report) released its earnings results on Tuesday. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.06), Zacks reports. The company had revenue of $64.89 million for the quarter, compared to analyst estimates 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 period in the previous year, the business posted ($0.09) EPS. Kura Sushi USA updated its FY 2025 guidance to EPS.
Kura Sushi USA Trading Down 3.2 %
KRUS stock traded down $1.65 during mid-day trading on Friday, reaching $49.26. 308,704 shares of the stock traded hands, compared to its average volume of 198,927. Kura Sushi USA has a 52-week low of $40.03 and a 52-week high of $121.99. The stock's fifty day moving average is $59.94 and its 200-day moving average is $80.06. The company has a market cap of $594.37 million, a P/E ratio of -72.44 and a beta of 1.72.
Analysts Set New Price Targets
KRUS has been the topic of a number of research analyst reports. TD Securities reiterated a "hold" rating and set a $72.00 price objective on shares of Kura Sushi USA in a research note on Friday, April 4th. Benchmark lowered their price target on Kura Sushi USA from $115.00 to $100.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. Barclays cut their price objective on Kura Sushi USA from $75.00 to $52.00 and set an "equal weight" rating for the company in a report on Wednesday. TD Cowen initiated coverage on Kura Sushi USA in a report on Tuesday, February 25th. They set a "hold" rating and a $72.00 target price on the stock. Finally, William Blair reissued an "outperform" rating on shares of Kura Sushi USA in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $77.20.
Check Out Our Latest Stock Report on Kura Sushi USA
Insider Transactions at Kura Sushi USA
In related news, Director Seitaro Ishii sold 6,918 shares of the company's stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $83.03, for a total value of $574,401.54. Following the completion of the sale, the director now owns 1,313 shares in the company, valued at approximately $109,018.39. This represents a 84.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.30% of the stock is currently owned by insiders.
About Kura Sushi USA
(
Get Free Report)
See Also
Before you consider Kura Sushi USA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kura Sushi USA wasn't on the list.
While Kura Sushi USA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
