Kura Sushi USA (NASDAQ:KRUS) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Kura Sushi USA (NASDAQ:KRUS) announced its earnings results on Tuesday. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.16, Zacks reports. Kura Sushi USA had a negative net margin of 3.70% and a negative return on equity of 1.22%. Kura Sushi USA updated its FY 2025 guidance to EPS.

Kura Sushi USA Stock Performance

Shares of NASDAQ KRUS opened at $102.18 on Wednesday. Kura Sushi USA has a 1 year low of $48.66 and a 1 year high of $122.81. The firm’s 50 day moving average price is $97.00 and its 200 day moving average price is $79.34. The firm has a market cap of $1.22 billion, a P/E ratio of -131.00 and a beta of 1.84.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Craig Hallum increased 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 increased their price target on shares of Kura Sushi USA from $70.00 to $90.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Northcoast Research assumed coverage on shares of Kura Sushi USA in a report on Tuesday, September 10th. They set a “buy” rating and a $79.00 price target for the company. Finally, Piper Sandler increased their price target on shares of Kura Sushi USA from $63.00 to $98.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $84.88.

About Kura Sushi USA