Kura Sushi USA Inc (KRUS) Shares Up 7.14% on Nov 21

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Nov 21, 2024

Shares of Kura Sushi USA Inc (KRUS, Financial) surged 7.14% in mid-day trading on Nov 21. The stock reached an intraday high of $95.91, before settling at $95.49, up from its previous close of $89.13. This places KRUS 22.25% below its 52-week high of $122.81 and 96.24% above its 52-week low of $48.66. Trading volume was 34,839 shares, 22.0% of the average daily volume of 158,312.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 8 analysts, the average target price for Kura Sushi USA Inc (KRUS, Financial) is $104.63 with a high estimate of $120.00 and a low estimate of $78.00. The average target implies an upside of 9.57% from the current price of $95.49. More detailed estimate data can be found on the Kura Sushi USA Inc (KRUS) Forecast page.

Based on the consensus recommendation from 9 brokerage firms, Kura Sushi USA Inc's (KRUS, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Kura Sushi USA Inc (KRUS, Financial) in one year is $125.27, suggesting a upside of 31.19% from the current price of $95.49. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Kura Sushi USA Inc (KRUS) Summary page.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.