Clear Secure (YOU) Stock Price, News & Analysis

Company Overview

Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR, a virtual queuing technology that provides users with the ability to book a dedicated time slot to go through security at the airport; CLEAR Verified, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Atlas Certified, an automated solution to verify professional licenses and certification data across industries; and Sora ID that enables adding know your customer services to platform offerings, as well as virtual queuing technology that enables customers to manage lines. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.

Key Stats

• Today's Range: $26.00 to $26.82
• 50-Day Range: $25.74 to $38.45
• 52-Week Range: $16.05 to $38.88
• Volume: 1.42 million shs
• Average Volume: 2.80 million shs
• Market Capitalization: $3.73 billion
• P/E Ratio: 31.14
• Dividend Yield: 1.49%
• Price Target: $32.67
• Consensus Rating: Hold

Clear Secure Stock Analysis - MarketRank™

Clear Secure scored higher than 85% of companies evaluated by MarketBeat, and ranked 152nd out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Clear Secure has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Clear Secure has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.72%

Earnings Growth

Earnings for Clear Secure are expected to grow by 27.72% in the coming year, from $1.01 to $1.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Clear Secure is 31.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Clear Secure is 31.14, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 269.76.

Price to Book Value per Share Ratio

Clear Secure has a P/B Ratio of 20.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

22.42% of the float of Clear Secure has been sold short.

Short Interest Ratio / Days to Cover

Clear Secure has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Clear Secure has recently decreased by 15.09%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Clear Secure pays a meaningful dividend of 1.55%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Clear Secure does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Clear Secure is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Clear Secure will have a dividend payout ratio of 31.01% next year. This indicates that Clear Secure will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

22.42% of the float of Clear Secure has been sold short.

Short Interest Ratio / Days to Cover

Clear Secure has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Clear Secure has recently decreased by 15.09%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.02

News Sentiment

Clear Secure has a news sentiment score of 1.02. 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 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Clear Secure this week, compared to 11 articles on an average week.

Search Interest

24 people have searched for YOU on MarketBeat in the last 30 days. This is an increase of 85% compared to the previous 30 days.

MarketBeat Follows

9 people have added Clear Secure to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Clear Secure insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,173,077.00 in company stock.

Percentage Held by Insiders

37.85% of the stock of Clear Secure is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

73.80% of the stock of Clear Secure is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

YOU Stock Analysis - Frequently Asked Questions

How have YOU shares performed this year?

Clear Secure's stock was trading at $20.65 at the beginning of 2024. Since then, YOU stock has increased by 29.7% and is now trading at $26.78.
View the best growth stocks for 2024 here.

How were Clear Secure's earnings last quarter?

Clear Secure, Inc. (NYSE:YOU) issued its earnings results on Thursday, November, 7th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.03. The company's quarterly revenue was up 23.7% on a year-over-year basis.

When did Clear Secure IPO?

Clear Secure (YOU) raised $376 million in an initial public offering on Wednesday, June 30th 2021. The company issued 13,200,000 shares at a price of $27.00-$30.00 per share.

Who are Clear Secure's major shareholders?

Clear Secure's top institutional shareholders include FMR LLC (4.74%), State Street Corp (2.41%), Geode Capital Management LLC (1.69%) and Wellington Management Group LLP (1.36%). Insiders that own company stock include Durable Capital Partners Lp, General Atlantic Partners Aiv, Jeffery H Boyd, Richard N Jr Patterson, Kasra Moshkani, Seyed Kasra Moshkani, Matthew Levine, Dennis W Liu, Michael Z Barkin, Alclear Investments Ii, Llc and Kenneth L Cornick.
View institutional ownership trends.

How do I buy shares of Clear Secure?

Shares of YOU 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 Clear Secure own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clear Secure investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), UnitedHealth Group (UNH), Broadcom (AVGO) and Gilead Sciences (GILD).

Company Calendar

• Ex-Dividend for 9/17 Dividend: 9/10/2024
• Dividend Payable: 9/17/2024
• Last Earnings: 11/07/2024
• Today: 11/21/2024
• Ex-Dividend for 12/17 Dividend: 12/10/2024
• Dividend Payable: 12/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:YOU
• CUSIP: N/A
• CIK: 1856314
• Web: www.clearme.com
• Phone: 646-723-1404
• Fax: N/A
• Employees: 3,698
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $32.67
• High Stock Price Target: $45.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +22.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.86
• Trailing P/E Ratio: 31.14
• Forward P/E Ratio: 27.33
• P/E Growth: N/A
• Net Income: $28.11 million
• Net Margins: 10.93%
• Pretax Margin: 18.90%
• Return on Equity: 48.28%
• Return on Assets: 12.96%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.07
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $613.58 million
• Price / Sales: 6.08
• Cash Flow: $0.27 per share
• Price / Cash Flow: 99.64
• Book Value: $1.30 per share
• Price / Book: 20.60

Miscellaneous

• Outstanding Shares: 139,400,000
• Free Float: 86,640,000
• Market Cap: $3.73 billion
• Optionable: Not Optionable
• Beta: 1.63