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Clarus (CLAR) Stock Price, News & Analysis

Clarus logo
$4.54
+0.08 (+1.79%)
(As of 12:37 PM ET)

About Clarus Stock (NASDAQ:CLAR)

Key Stats

Today's Range
$4.46
$4.65
50-Day Range
$4.00
$4.73
52-Week Range
$3.89
$7.55
Volume
106,170 shs
Average Volume
278,559 shs
Market Capitalization
$174.15 million
P/E Ratio
25.22
Dividend Yield
2.20%
Price Target
$6.67
Consensus Rating
Hold

Company Overview

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. This segment offers its products for climbing, mountaineering, trail running, backpacking, skiing, and other outdoor recreation activities under the Black Diamond Equipment and PIEPS brands. The Adventure segment offers engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards, and accessories under the Rhino-Rack brand; and overlanding and off-road vehicle recovery and extraction tracks for the overland and the off-road market under the MAXTRAX brand, as well as sells and retails overlanding and off-road vehicle under the TRED brand. It markets and distributes its products through independent specialty stores and specialty chains, sporting goods and outdoor recreation stores, distributors, and original equipment manufacturers; and independent distributors, as well as through its websites. The company was formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. The company was founded in 1957 and is headquartered in Salt Lake City, Utah.

Clarus Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

CLAR MarketRank™: 

Clarus scored higher than 99% of companies evaluated by MarketBeat, and ranked 3rd out of 294 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Clarus has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Clarus has received no research coverage in the past 90 days.

  • Read more about Clarus' stock forecast and price target.
  • Earnings Growth

    Earnings for Clarus are expected to grow by 1,600.00% in the coming year, from $0.02 to $0.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clarus is 25.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Clarus is 25.72, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.47.

  • Price to Book Value per Share Ratio

    Clarus has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Clarus' valuation and earnings.
  • Percentage of Shares Shorted

    4.66% of the float of Clarus has been sold short.
  • Short Interest Ratio / Days to Cover

    Clarus has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clarus has recently decreased by 4.90%, indicating that investor sentiment is improving.
  • Dividend Yield

    Clarus pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Clarus does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Clarus is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Clarus will have a dividend payout ratio of 29.41% next year. This indicates that Clarus will be able to sustain or increase its dividend.

  • Read more about Clarus' dividend.
  • Percentage of Shares Shorted

    4.66% of the float of Clarus has been sold short.
  • Short Interest Ratio / Days to Cover

    Clarus has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clarus has recently decreased by 4.90%, indicating that investor sentiment is improving.
  • News Sentiment

    Clarus has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Clarus this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for CLAR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Clarus to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Clarus insiders have bought more of their company's stock than they have sold. Specifically, they have bought $959,500.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    20.40% of the stock of Clarus is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    90.30% of the stock of Clarus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Clarus' insider trading history.
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CLAR Stock News Headlines

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CLAR Stock Analysis - Frequently Asked Questions

Clarus' stock was trading at $6.90 at the start of the year. Since then, CLAR stock has decreased by 32.9% and is now trading at $4.63.
View the best growth stocks for 2024 here
.

Clarus Co. (NASDAQ:CLAR) announced its quarterly earnings data on Thursday, August, 1st. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm earned $56.48 million during the quarter, compared to analysts' expectations of $59.28 million. Clarus had a negative trailing twelve-month return on equity of 0.75% and a net margin of 2.23%.

Clarus' top institutional shareholders include Builder Investment Group Inc. ADV (0.66%), Old West Investment Management LLC (0.33%), Marquette Asset Management LLC (0.18%) and Proficio Capital Partners LLC (0.09%). Insiders that own company stock include Warren B Kanders, Donald House, Michael A Henning, Aaron Kuehne and Nicolas Sokolow.
View institutional ownership trends
.

Shares of CLAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Clarus investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Home Depot (HD), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 8/19 Dividend
8/09/2024
Dividend Payable
8/19/2024
Today
11/04/2024
Next Earnings (Confirmed)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
Recreation
Current Symbol
NASDAQ:CLAR
Previous Symbol
NASDAQ:BDE
Fax
N/A
Employees
900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.67
High Stock Price Target
$7.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+44.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-10,150,000.00
Pretax Margin
-8.97%

Debt

Sales & Book Value

Annual Sales
$286.02 million
Cash Flow
$0.45 per share
Book Value
$7.66 per share

Miscellaneous

Free Float
30,536,000
Market Cap
$177.61 million
Optionable
Optionable
Beta
0.83
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This page (NASDAQ:CLAR) was last updated on 11/4/2024 by MarketBeat.com Staff
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