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Wednesday, February 1, 2023

Is Kura Sushi USA Inc. (NASDAQ: KRUS) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Kura Sushi USA Inc. (KRUS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $1.92, or 4.81%, to $41.80. The Kura Sushi USA Inc. has recorded 386 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Kura Sushi USA Announces Fiscal First Quarter 2023 Financial Results.


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Stocks Info

This NASDAQ-listed company operates within the Restaurants industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $39.88 and fluctuated between $42.56 as its day high and $37.97 as its day low. The current market capitalization of Kura Sushi USA Inc. is $473.77M. A total of 0.99 million shares were traded on the day, compared to an average of 112.64K shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, KRUS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 0 SELLs from insiders. Insiders purchased 1,709 shares during that period but sold 0.

In the most recent transaction, STUTZ CARIN bought 350 shares of KRUS for 51.18 per share on Jan 19. After the transaction, the Director now owns 350 company shares.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for KRUS in the last 3 months, the mean price target is $68.25 with high estimates of $85.00 and low estimates of $53.00. In terms of 52-week highs and lows, KRUS has a high of $96.60 and a low of $30.95.

As of this writing, KRUS has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.09 per share and a lower estimate of $0.03. The company reported an EPS of -$0.19 in the last quarter, which was 9.50% higher than expectations of -$0.21.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KRUS is Overweight with a score of 4.60. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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