Kura Sushi USA (NASDAQ:KRUS) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Kura Sushi USA (NASDAQ:KRUS) from a hold rating to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

A number of other brokerages also recently commented on KRUS. Wall Street Zen downgraded Kura Sushi USA from a “hold” rating to a “strong sell” rating in a report on Saturday, January 10th. Piper Sandler raised their target price on Kura Sushi USA from $59.00 to $67.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Royal Bank Of Canada set a $85.00 target price on Kura Sushi USA in a research report on Tuesday, January 20th. Lake Street Capital restated a “buy” rating and issued a $70.00 target price on shares of Kura Sushi USA in a research report on Thursday, January 8th. Finally, Citigroup raised their target price on Kura Sushi USA from $65.00 to $78.00 and gave the company a “neutral” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Kura Sushi USA currently has a consensus rating of “Hold” and an average target price of $77.00.

Kura Sushi USA Stock Performance

Shares of KRUS opened at $60.01 on Tuesday. The company has a market capitalization of $726.72 million, a P/E ratio of -181.85 and a beta of 1.65. Kura Sushi USA has a one year low of $40.50 and a one year high of $95.98. The stock has a 50-day moving average price of $67.06 and a 200 day moving average price of $61.14.

Kura Sushi USA (NASDAQ:KRUS) last issued its quarterly earnings results on Wednesday, January 7th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.06). The business had revenue of $73.46 million during the quarter, compared to analysts’ expectations of $72.98 million. Kura Sushi USA had a negative net margin of 1.37% and a negative return on equity of 0.63%. During the same period in the prior year, the company posted ($0.08) EPS. As a group, equities research analysts forecast that Kura Sushi USA will post 0.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Hajime Uba sold 9,874 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $72.93, for a total value of $720,110.82. Following the sale, the insider directly owned 6,026 shares in the company, valued at $439,476.18. This trade represents a 62.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kura Sushi USA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KRUS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Kura Sushi USA by 18.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,983 shares of the company’s stock valued at $204,000 after purchasing an additional 613 shares in the last quarter. Jane Street Group LLC boosted its stake in Kura Sushi USA by 122.5% during the 1st quarter. Jane Street Group LLC now owns 18,010 shares of the company’s stock valued at $922,000 after purchasing an additional 9,914 shares in the last quarter. Creative Planning bought a new position in Kura Sushi USA during the 2nd quarter valued at $243,000. Legal & General Group Plc boosted its stake in Kura Sushi USA by 18.7% during the 2nd quarter. Legal & General Group Plc now owns 7,240 shares of the company’s stock valued at $623,000 after purchasing an additional 1,139 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in Kura Sushi USA by 8.3% in the 2nd quarter. Rhumbline Advisers now owns 9,670 shares of the company’s stock valued at $832,000 after acquiring an additional 741 shares during the last quarter. 65.49% of the stock is owned by institutional investors.

More Kura Sushi USA News

Here are the key news stories impacting Kura Sushi USA this week:

• Positive Sentiment: Zacks upgraded KRUS to a “Strong Buy,” adding the name to its top-ranked list — a clear buy-side endorsement that can attract momentum investors. Zacks.com
• Positive Sentiment: Citigroup raised its price target to $78 (about 30% above the current level), signaling materially higher analyst upside even though the firm kept a “neutral” rating. That higher PT can support buying interest. Benzinga
• Positive Sentiment: DA Davidson issued a “Buy” rating on KRUS, adding another constructive institutional view that could bring incremental demand. DA Davidson Buy Rating
• Positive Sentiment: Technical setup: KRUS’s 50?day moving average crossed above the 200?day (a “golden cross”), a bullish technical signal that may attract trend traders. Zacks technical outlook
• Neutral Sentiment: Q2 results were mixed: revenue topped expectations but EPS figures were reported inconsistently across sources (some showed smaller-than-expected losses; others flagged an EPS miss). The topline beat supports the growth story, but profit/margin details remain a focus. MarketBeat earnings
• Neutral Sentiment: Seeking Alpha upgraded coverage to “Neutral,” noting improving comparable-store sales and margins but also calling comps volatile and expansion constrained — balanced view that tempers expectations. Seeking Alpha upgrade
• Negative Sentiment: Kura announced its CFO, Jeff Uttz, will depart effective April 28; the CEO will act as interim CFO. Leadership turnover in finance raises short?term governance and forecasting concerns. CFO departure press release
• Negative Sentiment: Market reaction: headlines noting “ho?hum” guidance coupled with the CFO departure triggered sizable intraday selling (reported ~15% dip in coverage), fueling short?term downside pressure and pre?market weakness. Motley Fool coverage
• Negative Sentiment: Broader market mentions flagged KRUS among pre?market decliners, reflecting the day’s negative sentiment and potential short?term momentum selling. MSN pre-market

About Kura Sushi USA

Kura Sushi USA, Inc operates Japanese?style revolving sushi restaurants across the United States. The company’s concept centers on delivering a modern sushi dining experience by combining fresh ingredients with automated conveyer belt and plate?return systems. Guests can choose from a broad menu that includes nigiri, sashimi, maki rolls, tempura, udon noodles and chef?inspired seasonal dishes, all served directly from the conveyor belt or ordered on tabletop touchscreens.

Each restaurant integrates patented technology to ensure food quality and operational efficiency.