ClearSign Technologies (CLIR) Stock Price, News & Analysis

Company Overview

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong. The company's technologies include ClearSign core burner technology consists of an industrial burner body and a downstream porous ceramic or metal flame stabilizing structure; ClearSign core process burner technology that provides a direct burner replacement for traditional refinery process heaters; ClearSign core boiler burner technology; ClearSign core flaring burners that can be used individually, or in combination, to provide a flare product with extremely low nitrogen oxide emissions; and ClearSign eye flame sensor, an electrical flame sensor for industrial applications. It serves energy, institutional, commercial and industrial boiler, chemical, and petrochemical industries. The company was formerly known as ClearSign Combustion Corporation and changed its name ClearSign Technologies Corporation in November 2019. ClearSign Technologies Corporation was incorporated in 2008 and is headquartered in Tulsa, Oklahoma.

Key Stats

• Today's Range: $1.06 to $1.13
• 50-Day Range: $0.82 to $1.22
• 52-Week Range: $0.62 to $1.32
• Volume: 105,857 shs
• Average Volume: 82,066 shs
• Market Capitalization: $56.76 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Buy

ClearSign Technologies Stock Analysis - MarketRank™

ClearSign Technologies scored higher than 64% of companies evaluated by MarketBeat, and ranked 96th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

ClearSign Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

ClearSign Technologies has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for ClearSign Technologies are expected to grow in the coming year, from ($0.13) to $0.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ClearSign Technologies is -10.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ClearSign Technologies is -10.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ClearSign Technologies has a P/B Ratio of 8.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.47% of the outstanding shares of ClearSign Technologies have been sold short.

Short Interest Ratio / Days to Cover

ClearSign Technologies has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ClearSign Technologies has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ClearSign Technologies does not currently pay a dividend.

Dividend Growth

ClearSign Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.47% of the outstanding shares of ClearSign Technologies have been sold short.

Short Interest Ratio / Days to Cover

ClearSign Technologies has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ClearSign Technologies has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.12

News Sentiment

ClearSign Technologies has a news sentiment score of 1.12. 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 higher news sentiment than the 0.73 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for ClearSign Technologies this week, compared to 1 article on an average week.

Search Interest

1 people have searched for CLIR on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ClearSign Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.90% of the stock of ClearSign Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.03% of the stock of ClearSign Technologies is held by institutions.

CLIR Stock Analysis - Frequently Asked Questions

How have CLIR shares performed this year?

ClearSign Technologies' stock was trading at $1.11 at the beginning of 2024. Since then, CLIR shares have increased by 1.8% and is now trading at $1.13.
View the best growth stocks for 2024 here.

How were ClearSign Technologies' earnings last quarter?

ClearSign Technologies Co. (NASDAQ:CLIR) issued its earnings results on Wednesday, August, 21st. The technology company reported ($0.04) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.04). The technology company had revenue of $0.05 million for the quarter, compared to analyst estimates of $0.33 million. ClearSign Technologies had a negative net margin of 118.93% and a negative trailing twelve-month return on equity of 50.44%.

Who are ClearSign Technologies' major shareholders?

ClearSign Technologies' top institutional shareholders include Geode Capital Management LLC (1.04%), Creative Planning (0.41%) and Americana Partners LLC (0.06%). Insiders that own company stock include Robert Thurston Sr Hoffman Sr and Bruce Alan Pate.
View institutional ownership trends.

How do I buy shares of ClearSign Technologies?

Shares of CLIR 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.

What other stocks do shareholders of ClearSign Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ClearSign Technologies investors own include Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Clean Energy Fuels (CLNE), Barrick Gold (GOLD), FuelCell Energy (FCEL), OPKO Health (OPK) and Tonix Pharmaceuticals (TNXP).

Company Calendar

• Last Earnings: 8/21/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Process control instruments
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:CLIR
• CUSIP: N/A
• CIK: 1434524
• Web: www.clearsign.com
• Phone: (206) 673-4848
• Fax: 206-299-3553
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.00
• High Stock Price Target: $6.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +431.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,190,000.00
• Net Margins: -118.93%
• Pretax Margin: -118.93%
• Return on Equity: -50.44%
• Return on Assets: -41.41%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.46
• Quick Ratio: 7.46

Sales & Book Value

• Annual Sales: $4.28 million
• Price / Sales: 13.26
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.13 per share
• Price / Book: 8.69

Miscellaneous

• Outstanding Shares: 50,234,000
• Free Float: 41,744,000
• Market Cap: $56.76 million
• Optionable: Optionable
• Beta: 1.14