Brokers Set Expectations for Kura Sushi USA, Inc.’s Q4 2024 Earnings (NASDAQ:KRUS)

Kura Sushi USA, Inc. (NASDAQ:KRUS) – Analysts at William Blair lifted their Q4 2024 earnings per share (EPS) estimates for Kura Sushi USA in a research note issued to investors on Friday, April 5th. William Blair analyst S. Zackfia now expects that the company will earn $0.33 per share for the quarter, up from their prior forecast of $0.28. William Blair has a “Outperform” rating on the stock. The consensus estimate for Kura Sushi USA’s current full-year earnings is $0.37 per share.

Several other brokerages also recently commented on KRUS. Roth Mkm raised their price objective on shares of Kura Sushi USA from $87.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Citigroup raised their price target on Kura Sushi USA from $122.00 to $124.00 and gave the company a “neutral” rating in a report on Friday, April 5th. Lake Street Capital upped their price objective on Kura Sushi USA from $70.00 to $93.00 and gave the stock a “hold” rating in a research note on Friday, April 5th. Craig Hallum lifted their target price on Kura Sushi USA from $90.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Finally, Barclays upped their price target on Kura Sushi USA from $82.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Friday, April 5th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.86.

Kura Sushi USA Trading Up 1.0 %

NASDAQ KRUS opened at $115.70 on Monday. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 826.49 and a beta of 1.98. Kura Sushi USA has a 12 month low of $51.02 and a 12 month high of $122.81. The company’s 50 day moving average is $102.64 and its two-hundred day moving average is $81.81.

Institutional Investors Weigh In On Kura Sushi USA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Kura Sushi USA by 5.2% in the 4th quarter. Vanguard Group Inc. now owns 321,373 shares of the company’s stock worth $24,424,000 after purchasing an additional 16,006 shares during the period. Goldman Sachs Group Inc. increased its position in Kura Sushi USA by 29.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 12,478 shares of the company’s stock valued at $948,000 after acquiring an additional 2,821 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in shares of Kura Sushi USA in the fourth quarter valued at $232,000. GSA Capital Partners LLP bought a new stake in shares of Kura Sushi USA in the 4th quarter worth about $2,991,000. Finally, Legal & General Group Plc lifted its holdings in shares of Kura Sushi USA by 4.1% in the 4th quarter. Legal & General Group Plc now owns 5,192 shares of the company’s stock worth $395,000 after acquiring an additional 205 shares during the last quarter. 65.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Brent Takao sold 14,422 shares of the company’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $88.97, for a total transaction of $1,283,125.34. Following the sale, the insider now owns 1,687 shares of the company’s stock, valued at $150,092.39. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 1.60% of the company’s stock.

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