Kura Sushi USA, Inc. (NASDAQ:KRUS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS) have earned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $84.88.

Several equities research analysts recently commented on KRUS shares. Craig Hallum boosted their price target on shares of Kura Sushi USA from $85.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barclays lifted their target price on shares of Kura Sushi USA from $70.00 to $90.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Piper Sandler upped their price target on shares of Kura Sushi USA from $63.00 to $98.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Northcoast Research started coverage on shares of Kura Sushi USA in a research note on Tuesday, September 10th. They issued a “buy” rating and a $79.00 price target on the stock.

Kura Sushi USA Price Performance

Kura Sushi USA stock opened at $93.62 on Friday. The stock has a market capitalization of $1.12 billion, a PE ratio of -120.02 and a beta of 1.80. The business has a 50 day simple moving average of $96.50 and a 200-day simple moving average of $79.03. Kura Sushi USA has a 12 month low of $48.66 and a 12 month high of $122.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KRUS. Kings Path Partners LLC acquired a new stake in shares of Kura Sushi USA in the 2nd quarter worth $761,000. Versor Investments LP purchased a new stake in shares of Kura Sushi USA in the second quarter valued at about $233,000. Rhumbline Advisers grew its holdings in shares of Kura Sushi USA by 4.5% in the second quarter. Rhumbline Advisers now owns 8,172 shares of the company’s stock valued at $516,000 after purchasing an additional 350 shares during the period. Roubaix Capital LLC acquired a new stake in Kura Sushi USA during the second quarter worth about $1,755,000. Finally, Dimensional Fund Advisors LP raised its stake in Kura Sushi USA by 4.6% during the second quarter. Dimensional Fund Advisors LP now owns 183,766 shares of the company’s stock worth $11,602,000 after purchasing an additional 8,146 shares during the period. 65.49% of the stock is currently owned by institutional investors and hedge funds.

Kura Sushi USA Company Profile