Kura Sushi USA (KRUS) to Release Earnings on Wednesday

Kura Sushi USA (NASDAQ:KRUS) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Kura Sushi USA to post earnings of ($0.02) per share for the quarter. Individual that wish to listen to the company’s conference call can do so using this link.

Kura Sushi USA Stock Performance

NASDAQ KRUS opened at $102.85 on Wednesday. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of -1,469.29 and a beta of 1.89. The firm has a 50 day simple moving average of $78.46 and a 200-day simple moving average of $80.64. Kura Sushi USA has a one year low of $48.66 and a one year high of $122.81.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Northcoast Research initiated coverage on shares of Kura Sushi USA in a research report on Tuesday, September 10th. They issued a “buy” rating and a $79.00 price target for the company. Benchmark reiterated a “buy” rating and issued a $90.00 price objective on shares of Kura Sushi USA in a research note on Wednesday, July 10th. Piper Sandler reduced their price objective on Kura Sushi USA from $89.00 to $63.00 and set a “neutral” rating on the stock in a research note on Thursday, July 11th. Roth Mkm reiterated a “buy” rating and issued a $70.00 price objective (down from $90.00) on shares of Kura Sushi USA in a research note on Wednesday, July 10th. Finally, Lake Street Capital reduced their price objective on Kura Sushi USA from $72.00 to $64.00 and set a “hold” rating on the stock in a research note on Wednesday, July 10th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $73.63.

About Kura Sushi USA