During the last session, Kura Sushi USA Inc (NASDAQ:KRUS)’s traded shares were 0.31 million, with the beta value of the company hitting 1.79. At the end of the trading day, the stock’s price was $77.44, reflecting an intraday gain of 1.79% or $1.36. The 52-week high for the KRUS share is $122.81, that puts it down -58.59 from that peak though still a striking 37.16% gain since the share price plummeted to a 52-week low of $48.66. The company’s market capitalization is $934.40M, and the average intraday trading volume over the past 10 days was 0.2 million shares, and the average trade volume was 149.13K shares over the past three months.
Kura Sushi USA Inc (KRUS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.89. KRUS has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.
Kura Sushi USA Inc (NASDAQ:KRUS) trade information
Kura Sushi USA Inc (KRUS) registered a 1.79% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.79% in intraday trading to $77.44, hitting a weekly high. The stock’s 5-day price performance is 5.79%, and it has moved by -5.27% in 30 days. Based on these gigs, the overall price performance for the year is -23.33%. The short interest in Kura Sushi USA Inc (NASDAQ:KRUS) is 1.35 million shares and it means that shorts have 7.7 day(s) to cover.
The consensus price target of analysts on Wall Street is $88.5, which implies an increase of 12.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $70 and $103 respectively. As a result, KRUS is trading at a discount of -33.01% off the target high and 9.61% off the low.
Kura Sushi USA Inc (KRUS) estimates and forecasts
In the rating firms’ projections, revenue will increase 18.47% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 66.22M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 72.77M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 57.29M and 63.08M respectively. In this case, analysts expect current quarter sales to grow by 15.59% and then jump by 15.36% in the coming quarter.
While earnings are projected to return 111.65% in 2025.
KRUS Dividends
Kura Sushi USA Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Kura Sushi USA Inc (NASDAQ:KRUS)’s Major holders
Kura Sushi USA Inc insiders own 44.54% of total outstanding shares while institutional holders control 72.46%, with the float percentage being 130.66%. FMR LLC is the largest shareholder of the company, while 190.0 institutions own stock in it. As of 2024-06-30, the company held over 0.86 million shares (or 7.6543% of all shares), a total value of $53.98 million in shares.
The next largest institutional holding, with 0.84 million shares, is of STEPHENS INC /AR/’s that is approximately 7.4976% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $52.88 million.
Also, the Mutual Funds coming in first place with the largest holdings of Kura Sushi USA Inc (KRUS) shares are Fidelity Small Cap Growth Fund and Alger Small Cap Focus Fund . Data provided on Oct 31, 2024 indicates that Fidelity Small Cap Growth Fund owns about 326.68 shares. This amounts to just over 2.95 percent of the company’s overall shares, with a $25.3 million market value. The same data shows that the other fund manager holds slightly less at 299.79, or about 2.71% of the stock, which is worth about $23.22 million.
