Kura Sushi USA, Inc. (NASDAQ:KRUS) Forecasted to Post Q4 2024 Earnings of $0.03 Per Share

Kura Sushi USA, Inc. (NASDAQ:KRUS) – Roth Capital dropped their Q4 2024 earnings per share (EPS) estimates for Kura Sushi USA in a research report issued to clients and investors on Wednesday, July 10th. Roth Capital analyst G. Kelly now expects that the company will post earnings per share of $0.03 for the quarter, down from their previous estimate of $0.39. The consensus estimate for Kura Sushi USA’s current full-year earnings is ($0.35) per share. Roth Capital also issued estimates for Kura Sushi USA’s Q1 2025 earnings at ($0.17) EPS, Q2 2025 earnings at ($0.13) EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.01 EPS, Q1 2026 earnings at ($0.19) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at $0.18 EPS and FY2026 earnings at $0.14 EPS.

Several other research firms have also weighed in on KRUS. Lake Street Capital cut their target price on Kura Sushi USA from $72.00 to $64.00 and set a “hold” rating on the stock in a report on Wednesday. William Blair reaffirmed an “outperform” rating on shares of Kura Sushi USA in a research report on Friday, April 5th. Roth Mkm reissued a “buy” rating and set a $70.00 target price (down from $90.00) on shares of Kura Sushi USA in a research report on Wednesday. Craig Hallum decreased their target price on Kura Sushi USA from $120.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Benchmark restated a “buy” rating and set a $90.00 price target on shares of Kura Sushi USA in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $71.43.

Kura Sushi USA Trading Up 12.1 %

Shares of NASDAQ:KRUS opened at $55.03 on Friday. Kura Sushi USA has a 1 year low of $49.01 and a 1 year high of $122.81. The business has a fifty day simple moving average of $88.58 and a 200 day simple moving average of $95.51. The firm has a market cap of $617.99 million, a price-to-earnings ratio of -786.14 and a beta of 1.87.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Stephens Inc. AR raised its position in Kura Sushi USA by 12.9% in the 4th quarter. Stephens Inc. AR now owns 913,529 shares of the company’s stock worth $69,428,000 after purchasing an additional 104,063 shares during the last quarter. Vanguard Group Inc. raised its position in Kura Sushi USA by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 327,315 shares of the company’s stock worth $37,694,000 after purchasing an additional 5,942 shares during the last quarter. Ophir Asset Management Pty Ltd bought a new position in Kura Sushi USA in the 4th quarter worth approximately $13,356,000. Wasatch Advisors LP raised its position in Kura Sushi USA by 25.1% in the 4th quarter. Wasatch Advisors LP now owns 112,911 shares of the company’s stock worth $8,581,000 after purchasing an additional 22,621 shares during the last quarter. Finally, Lord Abbett & CO. LLC grew its holdings in Kura Sushi USA by 28.1% during the 1st quarter. Lord Abbett & CO. LLC now owns 103,916 shares of the company’s stock worth $11,967,000 after acquiring an additional 22,823 shares during the period. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Company Profile