Clarus (CLAR) Projected to Post Quarterly Earnings on Thursday

Clarus (NASDAQ:CLAR - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect Clarus to post earnings of $0.05 per share and revenue of $62.05 million for the quarter.

Clarus Stock Performance

CLAR stock traded down $0.05 during trading on Tuesday, reaching $3.23. The company had a trading volume of 8,792 shares, compared to its average volume of 237,185. The firm has a 50-day simple moving average of $3.89 and a 200-day simple moving average of $4.34. The company has a market cap of $123.91 million, a price-to-earnings ratio of 25.01 and a beta of 0.85. Clarus has a twelve month low of $3.18 and a twelve month high of $7.55.

Clarus Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were paid a $0.025 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 3.10%. Clarus's payout ratio is currently -7.35%.

Analyst Ratings Changes

Several equities research analysts have weighed in on CLAR shares. Stifel Nicolaus cut their price target on Clarus from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. B. Riley cut their price target on Clarus from $5.50 to $5.00 and set a "buy" rating on the stock in a research report on Monday, March 10th. Finally, Lake Street Capital cut their price target on Clarus from $5.50 to $5.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $5.75.

Clarus Company Profile

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes.