Kura Sushi USA (NASDAQ:KRUS) Posts Earnings Results, Beats Expectations By $0.07 EPS

Kura Sushi USA (NASDAQ:KRUS) issued its earnings results on Wednesday. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.07, reports. The firm had revenue of $66.01 million during the quarter, compared to analysts’ expectations of $64.13 million. Kura Sushi USA had a negative net margin of 0.30% and a negative return on equity of 0.07%. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Trading Down 8.1 %

NASDAQ KRUS opened at $95.09 on Friday. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of -1,358.43 and a beta of 1.86. The stock has a 50-day moving average of $82.44 and a 200 day moving average of $80.41. Kura Sushi USA has a twelve month low of $48.66 and a twelve month high of $122.81.

Wall Street Analyst Weigh In

KRUS has been the topic of several analyst reports. Barclays increased their price target on Kura Sushi USA from $60.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 22nd. Craig Hallum raised their target price on Kura Sushi USA from $85.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday. Northcoast Research initiated coverage on Kura Sushi USA in a report on Tuesday, September 10th. They issued a “buy” rating and a $79.00 price target for the company. Finally, Piper Sandler upped their price objective on Kura Sushi USA from $63.00 to $98.00 and gave the stock a “neutral” rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Kura Sushi USA currently has an average rating of “Moderate Buy” and an average price target of $82.38.

Institutional Trading of Kura Sushi USA

Several institutional investors have recently bought and sold shares of KRUS. Russell Investments Group Ltd. increased its stake in shares of Kura Sushi USA by 42.6% during the first quarter. Russell Investments Group Ltd. now owns 103,290 shares of the company’s stock worth $11,895,000 after purchasing an additional 30,836 shares in the last quarter. Castleark Management LLC purchased a new position in Kura Sushi USA in the 1st quarter valued at about $3,326,000. Lazard Asset Management LLC boosted its holdings in Kura Sushi USA by 144.0% in the 1st quarter. Lazard Asset Management LLC now owns 62,031 shares of the company’s stock worth $7,143,000 after buying an additional 36,609 shares during the last quarter. Lord Abbett & CO. LLC boosted its holdings in Kura Sushi USA by 28.1% in the 1st quarter. Lord Abbett & CO. LLC now owns 103,916 shares of the company’s stock worth $11,967,000 after buying an additional 22,823 shares during the last quarter. Finally, Rheos Capital Works Inc. increased its stake in Kura Sushi USA by 6.3% during the 3rd quarter. Rheos Capital Works Inc. now owns 204,000 shares of the company’s stock worth $16,434,000 after buying an additional 12,000 shares in the last quarter. 65.49% of the stock is owned by institutional investors and hedge funds.

Kura Sushi USA Company Profile