Should I buy or sell Clarus stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CLAR shares. View CLAR analyst ratings or view top-rated stocks .

What is Clarus' stock price target for 2024?

6 Wall Street analysts have issued 1-year target prices for Clarus' shares. Their CLAR share price targets range from $7.00 to $14.00. On average, they expect the company's share price to reach $9.75 in the next twelve months. This suggests a possible upside of 59.8% from the stock's current price. View analysts price targets for CLAR or view top-rated stocks among Wall Street analysts .

How have CLAR shares performed in 2024?

Clarus' stock was trading at $6.90 at the beginning of 2024. Since then, CLAR shares have decreased by 11.6% and is now trading at $6.10. View the best growth stocks for 2024 here .

Are investors shorting Clarus?

Clarus saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,260,000 shares, a decline of 9.2% from the March 15th total of 2,490,000 shares. Based on an average daily trading volume, of 291,400 shares, the days-to-cover ratio is presently 7.8 days. Approximately 8.0% of the company's shares are sold short. View Clarus' Short Interest .

When is Clarus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our CLAR earnings forecast .

How were Clarus' earnings last quarter?

Clarus Co. (NASDAQ:CLAR) announced its quarterly earnings data on Thursday, March, 7th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.12. The company earned $76.50 million during the quarter, compared to analysts' expectations of $84.45 million. Clarus had a positive trailing twelve-month return on equity of 3.31% and a negative net margin of 2.84%.

How often does Clarus pay dividends? What is the dividend yield for Clarus?

Clarus announced a quarterly dividend on Tuesday, March 5th. Shareholders of record on Monday, March 18th will be paid a dividend of $0.025 per share on Thursday, March 28th. This represents a $0.10 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Friday, March 15th. Read our dividend analysis for CLAR .

Is Clarus a good dividend stock?

Clarus (NASDAQ:CLAR) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.62%. Read our dividend analysis for CLAR .

What guidance has Clarus issued on next quarter's earnings?

Clarus issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $270.0 million-$280.0 million, compared to the consensus revenue estimate of $358.6 million.

What is Steven W. Olmstead's approval rating as Clarus' CEO?

2 employees have rated Clarus Chief Executive Officer Steven W. Olmstead on Glassdoor.com . Steven W. Olmstead has an approval rating of 100% among the company's employees. This puts Steven W. Olmstead in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Clarus to a friend.

What other stocks do shareholders of Clarus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clarus investors own include Intel (INTC) , Advanced Micro Devices (AMD) , Micron Technology (MU) , QUALCOMM (QCOM) , Bristol-Myers Squibb (BMY) , Enterprise Products Partners (EPD) , B2Gold (BTG) , General Motors (GM) , Mondi (MNDI) and Novavax (NVAX) .

How do I buy shares of Clarus?

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 .

NASDAQ:CLAR

Clarus (CLAR) Stock Price, News & Analysis

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Free CLAR Stock Alerts

$6.10

+0.12 (+2.01%)

(As of 04/18/2024 ET)

Compare

Today's Range: $5.96
▼
$6.16
50-Day Range: $5.27
▼
$7.08
52-Week Range: $4.77
▼
$9.92

Volume: 147,690 shs
Average Volume: 293,649 shs
Market Capitalization: $233.26 million

P/E Ratio: N/A
Dividend Yield: 1.64%
Price Target: $9.75

Get Clarus alerts:

Clarus MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 59.8% Upside
$9.75 Price Target
Short Interest: Healthy
8.03% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.50
Upright™ Environmental Score
News Sentiment: 0.48
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 366.67%
From $0.06 to $0.28 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Consumer Discretionary Sector

25th out of 251 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

1st out of 9 stocks

3.3

Analyst's Opinion

Consensus Rating
Clarus has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Clarus has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
8.03% 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 7.8.
Change versus previous month
Short interest in Clarus has recently decreased by 9.24%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Clarus pays a meaningful dividend of 1.62%, 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 Sustainability
Based on earnings estimates, Clarus will have a dividend payout ratio of 35.71% next year. This indicates that Clarus will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Clarus has received a 2.35% net impact score from Upright. Clarus seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Climbing gear", "Ski suits", "Skiing clothing", and "Hiking boots" products. See details.
Environmental Sustainability
The Environmental Impact score for Clarus is -2.50.

1.9

News and Social Media Coverage

News Sentiment
Clarus has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Clarus this week, compared to 3 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clarus insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.40% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Clarus are expected to grow by 366.67% in the coming year, from $0.06 to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clarus is -22.59, 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 Clarus is -22.59, 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
Clarus has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Clarus Stock (NASDAQ:CLAR)

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.

CLAR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLAR Stock News Headlines

April 18, 2024 | globenewswire.com

Clarus Sets First Quarter 2024 Conference Call for Thursday, May 2, 2024, at 5:00 p.m. ET

April 13, 2024 | americanbankingnews.com

Clarus Co. (NASDAQ:CLAR) Given Average Recommendation of "Moderate Buy" by Brokerages

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April 13, 2024 | americanbankingnews.com

Clarus (NASDAQ:CLAR) Rating Increased to Sell at StockNews.com

April 3, 2024 | finance.yahoo.com

Carl Marks Advisors Earns Two M&A Advisor Awards at 18th Annual Turnaround Awards

March 19, 2024 | bizjournals.com

Central Ohio's Coolest Offices: TriNet Clarus R+D

March 18, 2024 | markets.businessinsider.com

Lake Street Reaffirms Their Buy Rating on Legacy Housing (LEGH)

March 17, 2024 | ft.com

Do you need to detox your sportswear?

April 18, 2024 | Paradigm Press (Ad)

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March 12, 2024 | finanznachrichten.de

Clarus Corporation: Clarus Reports Fourth Quarter and Full Year 2023 Results

March 11, 2024 | globenewswire.com

Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing Profits

March 9, 2024 | seekingalpha.com

Clarus Corporation (CLAR) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

Clarus Corporation (NASDAQ:CLAR) Q4 2023 Earnings Call Transcript

March 8, 2024 | markets.businessinsider.com

Roger Werner Appointed to Clarus’ Board of Directors

March 8, 2024 | msn.com

Clarus board approves two of its top shareholders to increase their positions

March 8, 2024 | globenewswire.com

Clarus Board of Directors Approves Two of Its Top Shareholders to Increase Their Positions up to 15.0% and 26.7% of Shares Outstanding

March 8, 2024 | globenewswire.com

Roger Werner Appointed to Clarus' Board of Directors

March 7, 2024 | markets.businessinsider.com

CLAR Stock Earnings: Clarus Misses EPS, Misses Revenue for Q4 2023

March 7, 2024 | finance.yahoo.com

Clarus Corp (CLAR) Navigates Macroeconomic Headwinds, Positions for Future Growth

March 7, 2024 | benzinga.com

Clarus: Q4 Earnings Insights

March 7, 2024 | msn.com

Clarus Non-GAAP EPS of -$0.07, revenue of $76.5M

March 7, 2024 | finance.yahoo.com

Clarus (NASDAQ:CLAR) Misses Q4 Sales Targets

March 7, 2024 | globenewswire.com

Clarus Reports Fourth Quarter and Full Year 2023 Results

March 7, 2024 | finance.yahoo.com

CLAR Aug 2024 5.000 put

March 6, 2024 | finance.yahoo.com

Clarus (CLAR) Q4 Earnings Report Preview: What To Look For

March 5, 2024 | globenewswire.com

Clarus Announces $0.025 Per Share Quarterly Dividend

March 4, 2024 | finance.yahoo.com

EV Nickel Announces C$3.5 Million Private Placement of Flow-Through Common Shares

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Ex-Dividend for 3/28 Dividend: 3/15/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Sporting & athletic goods, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:CLAR
Previous Symbol: NASDAQ:BDE
CUSIP: N/A
CIK: 913277
Web: www.claruscorp.com
Phone: (801) 278-5552
Fax: N/A
Employees: 500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.75
High Stock Price Target: $14.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +62.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.27)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 100.17
P/E Growth: N/A
Net Income: $-10,150,000.00
Net Margins: -2.84%
Pretax Margin: -7.02%
Return on Equity: 3.31%
Return on Assets: 1.92%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.75
Quick Ratio: 1.22

Sales & Book Value

Annual Sales: $286.02 million
Price / Sales: 0.80
Cash Flow: $0.40 per share
Price / Cash Flow: 14.99
Book Value: $7.66 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 38,240,000
Free Float: 29,671,000
Market Cap: $229.82 million
Optionable: Optionable
Beta: 0.90

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Key Executives

Mr. Warren B. Kanders (Age 66)
Executive Chairman
Comp: $627.29k
Mr. Michael J. Yates (Age 58)
Chief Financial Officer
Comp: $429.27k
Mr. McNeil Seymour Fiske Jr. (Age 62)
President of Black Diamond Equipment
Mr. Mathew Hayward
Managing Director of Clarus Adventure Segment

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Clarus stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CLAR shares.
View CLAR analyst ratings or view top-rated stocks.
What is Clarus' stock price target for 2024?: 6 Wall Street analysts have issued 1-year target prices for Clarus' shares. Their CLAR share price targets range from $7.00 to $14.00. On average, they expect the company's share price to reach $9.75 in the next twelve months. This suggests a possible upside of 59.8% from the stock's current price.
View analysts price targets for CLAR or view top-rated stocks among Wall Street analysts.
How have CLAR shares performed in 2024?: Clarus' stock was trading at $6.90 at the beginning of 2024. Since then, CLAR shares have decreased by 11.6% and is now trading at $6.10.
View the best growth stocks for 2024 here.
Are investors shorting Clarus?: Clarus saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,260,000 shares, a decline of 9.2% from the March 15th total of 2,490,000 shares. Based on an average daily trading volume, of 291,400 shares, the days-to-cover ratio is presently 7.8 days. Approximately 8.0% of the company's shares are sold short.
View Clarus' Short Interest.
When is Clarus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CLAR earnings forecast.
How were Clarus' earnings last quarter?: Clarus Co. (NASDAQ:CLAR) announced its quarterly earnings data on Thursday, March, 7th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.12. The company earned $76.50 million during the quarter, compared to analysts' expectations of $84.45 million. Clarus had a positive trailing twelve-month return on equity of 3.31% and a negative net margin of 2.84%.

How often does Clarus pay dividends? What is the dividend yield for Clarus?: Clarus announced a quarterly dividend on Tuesday, March 5th. Shareholders of record on Monday, March 18th will be paid a dividend of $0.025 per share on Thursday, March 28th. This represents a $0.10 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Friday, March 15th.
Read our dividend analysis for CLAR.
Is Clarus a good dividend stock?: Clarus (NASDAQ:CLAR) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.62%.
Read our dividend analysis for CLAR.
What guidance has Clarus issued on next quarter's earnings?: Clarus issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $270.0 million-$280.0 million, compared to the consensus revenue estimate of $358.6 million.
What is Steven W. Olmstead's approval rating as Clarus' CEO?: 2 employees have rated Clarus Chief Executive Officer Steven W. Olmstead on Glassdoor.com. Steven W. Olmstead has an approval rating of 100% among the company's employees. This puts Steven W. Olmstead in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Clarus to a friend.
What other stocks do shareholders of Clarus own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Clarus investors own include Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Bristol-Myers Squibb (BMY), Enterprise Products Partners (EPD), B2Gold (BTG), General Motors (GM), Mondi (MNDI) and Novavax (NVAX).
How do I buy shares of Clarus?: 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.

This page (NASDAQ:CLAR) was last updated on 4/18/2024 by MarketBeat.com Staff

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Clarus (CLAR) Stock Price, News & Analysis

Clarus MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Clarus Stock (NASDAQ:CLAR)

CLAR Stock Price History

CLAR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

CLAR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™