KRUS Stock Summary and Trading Ideas (Kura Sushi USA - Class A | NASDAQ:KRUS)

Kura Sushi USA Inc is a technology-enabled restaurant concept serving authentic Japanese cuisine through an engaging revolving sushi service model. The company operates a chain of sushi restaurants across the United States serving freshly prepared Japanese cuisine using high-quality ingredients that are free from artificial seasonings, sweeteners, colorings, and preservatives. It offers several dishes, including Dashi Olive Salmon, Tomago, Sweet Shrimp, Tuna, Garlic Tuna Steak, and Salmon, among others.

Kura Sushi USA - Class A trades on the NASDAQ stock market under the symbol KRUS.

As of December 13, 2024, KRUS stock price declined to $96.93 with 85,195 million shares trading.

KRUS has a beta of 1.30, meaning it tends to be more sensitive to market movements. KRUS has a correlation of 0.06 to the broad based SPY ETF.

KRUS has a market cap of $1.17 billion. This is considered a Small Cap stock.

Last quarter Kura Sushi USA - Class A reported $66 million in Revenue and $.09 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.09.

In the last 3 years, KRUS traded as high as $122.81 and as low as $30.95.

The top ETF exchange traded funds that KRUS belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

KRUS has outperformed the market in the last year with a return of +48.5%, while the SPY ETF gained +29.9%. In the last 3 month period, KRUS beat the market returning +24.6%, while SPY returned +7.8%. However, in the most recent 2 weeks KRUS has underperformed the stock market by returning -9.3%, while SPY returned +0.3%.

KRUS support price is $96.57 and resistance is $103.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KRUS shares will trade within this expected range on the day.