Q4 2024 EPS Estimates for Kura Sushi USA, Inc. (NASDAQ:KRUS) Lowered by William Blair

Kura Sushi USA, Inc. (NASDAQ:KRUS) – Research analysts at William Blair cut their Q4 2024 EPS estimates for shares of Kura Sushi USA in a note issued to investors on Tuesday, June 25th. William Blair analyst S. Zackfia now anticipates that the company will post earnings of $0.33 per share for the quarter, down from their prior forecast of $0.37. William Blair has a “Outperform” rating on the stock. The consensus estimate for Kura Sushi USA’s current full-year earnings is $0.24 per share.

Kura Sushi USA (NASDAQ:KRUS) last issued its quarterly earnings results on Thursday, April 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.08). The company had revenue of $57.29 million during the quarter, compared to the consensus estimate of $56.65 million. Kura Sushi USA had a net margin of 0.73% and a return on equity of 0.95%.

Several other research firms have also recently weighed in on KRUS. Barclays upped their price objective on shares of Kura Sushi USA from $82.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, April 5th. Lake Street Capital upped their target price 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. Roth Mkm lifted their price target on Kura Sushi USA from $87.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Craig Hallum upped their price objective on Kura Sushi USA from $90.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Finally, Piper Sandler began coverage on Kura Sushi USA in a research report on Wednesday, April 24th. They issued a “neutral” rating and a $114.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $110.75.

Kura Sushi USA Price Performance

Shares of NASDAQ KRUS opened at $83.82 on Thursday. The stock has a market capitalization of $941.30 million, a PE ratio of 598.76 and a beta of 1.93. Kura Sushi USA has a fifty-two week low of $51.02 and a fifty-two week high of $122.81. The business has a fifty day moving average price of $99.67 and a two-hundred day moving average price of $96.38.

Insider Activity

In other news, Director Seitaro Ishii sold 5,000 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $109.97, for a total transaction of $549,850.00. Following the completion of the transaction, the director now directly owns 1,313 shares in the company, valued at $144,390.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Kura Sushi USA

Large investors have recently modified their holdings of the company. Ophir Asset Management Pty Ltd bought a new stake in Kura Sushi USA during the fourth quarter valued at $13,356,000. Stephens Inc. AR boosted its position in shares of Kura Sushi USA by 12.9% during the 4th quarter. Stephens Inc. AR now owns 913,529 shares of the company’s stock valued at $69,428,000 after purchasing an additional 104,063 shares in the last quarter. Rheos Capital Works Inc. bought a new stake in Kura Sushi USA in the first quarter worth approximately $10,940,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Kura Sushi USA during the 1st quarter worth approximately $5,039,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Kura Sushi USA in the 4th quarter valued at $2,991,000. 65.49% of the stock is currently owned by institutional investors and hedge funds.

Kura Sushi USA Company Profile