Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Clarus Corporation (CLAR)
NASDAQ:CLAR
Clarus (CLAR) Stock Price & Analysis
298 Followers
CLAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.77 - $9.38
Previous Close$6.11
Volume318.65K
Average Volume (3M)193.61K
Market Cap
$234.00M
Enterprise Value$186.60M
Total Cash (Recent Filing)$47.48M
Total Debt (Recent Filing)$81.00K
Price to Earnings (P/E)23.2
Beta1.26
Next Earnings
Aug 01, 2024EPS Estimate
-$0.12Last Dividend Ex-Date
May 09, 2024Dividend Yield1.64%
Share Statistics
EPS (TTM)0.26
Shares Outstanding38,298,162
10 Day Avg. Volume136,309
30 Day Avg. Volume193,612
Standard Deviation0.12
R-Squared0.16
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.65
Price to Sales (P/S)0.88
Price to Cash Flow (P/CF)4.40
P/FCF Ratio3.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.84
Enterprise Value/Gross Profit1.91
Enterprise Value/Ebitda-11.01
Forecast
1Y Price Target
$7.83Price Target Upside28.15% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Clarus News
Bulls Say, Bears Say
Bulls Say
EarningsClarus reported quarter results with both top and bottom line better than expected, demonstrating strong early performance in the financial year.
Financial ManagementA strengthened balance sheet with the sale of a business segment points to strategic financial management and an improved company outlook.
Sales PerformanceSales in the Outdoor segment were a major positive, exceeding estimates and indicating robust demand in this category.
Bears Say
Company GuidanceManagement's initial FY24 guidance excluding the Precision segment is below prior revenue estimates.
Financial PerformanceAdjusted EBITDA of ($3.5M) declined from $3.6M a year ago and was below estimates.
Profitability ConcernsAnalyst models adjusted EBITDA below management's guidance, indicating potential concerns about the company's profitability.
---
Ownership Overview
20.08% Insiders
41.07% Mutual Funds
9.27% Other Institutional Investors
29.58% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
CLAR FAQ
What was Clarus Corporation’s price range in the past 12 months?
Clarus Corporation lowest stock price was $4.77 and its highest was $9.38 in the past 12 months.
What is Clarus Corporation’s market cap?
Currently, no data Available
When is Clarus Corporation’s upcoming earnings report date?
Clarus Corporation’s upcoming earnings report date is Aug 01, 2024 which is in 4 days.
How were Clarus Corporation’s earnings last quarter?
Clarus Corporation released its earnings results on May 02, 2024. The company reported -$0.17 earnings per share for the quarter, missing the consensus estimate of -$0.1 by -$0.07.
Is Clarus Corporation overvalued?
According to Wall Street analysts Clarus Corporation’s price is currently Undervalued.
Does Clarus Corporation pay dividends?
Clarus Corporation pays a Quarterly dividend of $0.03 which represents an annual dividend yield of 1.64%. See more information on Clarus Corporation dividends here
What is Clarus Corporation’s EPS estimate?
Clarus Corporation’s EPS estimate is -$0.12.
How many shares outstanding does Clarus Corporation have?
Clarus Corporation has 38,298,160 shares outstanding.
What happened to Clarus Corporation’s price movement after its last earnings report?
Clarus Corporation reported an EPS of -$0.17 in its last earnings report, missing expectations of -$0.1. Following the earnings report the stock price went up 18.567%.
Which hedge fund is a major shareholder of Clarus Corporation?
Among the largest hedge funds holding Clarus Corporation’s share is First Eagle Investment Management LLC. It holds Clarus Corporation’s shares valued at 4M.
---
Clarus Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$7.83 (28.15% Upside)
$7.83 (28.15% Upside)
Blogger Sentiment
Neutral
CLAR Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 335.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.08%
12-Months-Change
Fundamentals
Return on Equity
-7.91%
Trailing 12-Months
Asset Growth
-26.77%
Trailing 12-Months
Company Description
Clarus Corporation
Clarus Corp. engages in development, manufacture, and distribution of outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport categories. It operates through the Black Diamond and Sierra segment. The Black Diamond segment designs, manufactures, and markets outdoor engineered equipment and apparel for climbing, mountaineering, backpacking, skiing, and a range of other year-round outdoor recreation activities. The Sierra segment produces a range of bullets for both rifles and pistols that are used for precision target shooting, hunting, and military and law enforcement purposes. The company was founded in 1989 and is headquartered in Salt Lake City, UT.
---
CLAR Earnings Call
Q1 2024
0:00 / 0:00
---
CLAR Stock 12 Month Forecast
Average Price Target
$7.83
▲(28.15% Upside)
Technical Analysis
Best Analysts Covering CLAR
1 Year
1 Year Success Rate
16/33 ratings generated profit
1 Year Average Return
+7.86%
reiterated a buy rating 5 months ago
Copying Jim Duffy's trades and holding each position for 1 Year would result in 48.48% of your transactions generating a profit, with an average return of +7.86% per trade.
---