Should I buy or sell ClearSign Technologies stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ClearSign Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLIR shares. View CLIR analyst ratings or view top-rated stocks .

What is ClearSign Technologies' stock price target for 2024?

1 brokers have issued 12-month price targets for ClearSign Technologies' shares. Their CLIR share price targets range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 597.7% from the stock's current price. View analysts price targets for CLIR or view top-rated stocks among Wall Street analysts .

How have CLIR shares performed in 2024?

ClearSign Technologies' stock was trading at $1.11 on January 1st, 2024. Since then, CLIR shares have decreased by 22.5% and is now trading at $0.86. View the best growth stocks for 2024 here .

When is ClearSign Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our CLIR earnings forecast .

How were ClearSign Technologies' earnings last quarter?

ClearSign Technologies Co. (NASDAQ:CLIR) issued its quarterly earnings data on Thursday, May, 18th. 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 $0.89 million for the quarter, compared to the consensus estimate of $0.60 million. ClearSign Technologies had a negative trailing twelve-month return on equity of 77.28% and a negative net margin of 216.15%. During the same quarter in the previous year, the firm earned ($0.05) EPS.

What guidance has ClearSign Technologies issued on next quarter's earnings?

ClearSign Technologies updated its FY 2023 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.3 million-$2.3 million, compared to the consensus revenue estimate of $1.9 million.

What other stocks do shareholders of ClearSign Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ClearSign Technologies investors own include T2 Biosystems (TTOO) , FuelCell Energy (FCEL) , Co-Diagnostics (CODX) , OPKO Health (OPK) , VBI Vaccines (VBIV) , Biocept (BIOC) , iBio (IBIO) , Ocean Power Technologies (OPTT) , Sorrento Therapeutics (SRNE) and Heat Biologics (HTBX) .

Who are ClearSign Technologies' major shareholders?

ClearSign Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Disciplined Investments LLC (0.12%). Insiders that own company stock include Bruce Alan Pate and Robert Thurston Sr Hoffman Sr. 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 .

NASDAQ:CLIR

ClearSign Technologies (CLIR) Stock Price, News & Analysis

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$0.86

-0.01 (-1.15%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.85
▼
$0.91
50-Day Range: $0.86
▼
$1.28
52-Week Range: $0.75
▼
$1.75

Volume: 11,358 shs
Average Volume: 57,451 shs
Market Capitalization: $33.57 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

Get ClearSign Technologies alerts:

ClearSign Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 597.7% Upside
$6.00 Price Target
Short Interest: Bearish
0.84% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.24
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.14) to $0.05 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.

1.58 out of 5 stars

Industrial Products Sector

136th out of 163 stocks

Process Control Instruments Industry

10th out of 12 stocks

3.5

Analyst's Opinion

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.

2.0

Short Interest

Percentage of Shares Shorted
0.84% 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 5.5.
Change versus previous month
Short interest in ClearSign Technologies has recently increased by 0.86%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
ClearSign Technologies does not currently pay a dividend.
Dividend Growth
ClearSign Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLIR.

1.5

News and Social Media Coverage

News Sentiment
ClearSign Technologies has a news sentiment score of -0.24. 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 0.60 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 2 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.

1.7

Company Ownership

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
23.10% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for ClearSign Technologies are expected to grow in the coming year, from ($0.14) to $0.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ClearSign Technologies is -6.62, 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 -6.62, 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 6.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About ClearSign Technologies Stock (NASDAQ:CLIR)

ClearSign Technologies Corporation designs and develops technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the People's Republic of China. Its ClearSign Core Burner Technology consists of an industrial burner body and a downstream porous ceramic structure or metal flame stabilizing device; ClearSign Core Plug & Play Burner technology provides direct burner replacement for traditional refinery process heaters; and ClearSign Eye Flame Sensor, an electrical flame sensor for industrial applications. The company also provides ClearSign Core Boiler Burner; and ClearSign Core Flaring Burners technologies. 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.

CLIR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLIR Stock News Headlines

April 16, 2024 | americanbankingnews.com

ClearSign Technologies (NASDAQ:CLIR) Stock Crosses Below Two Hundred Day Moving Average of $1.05

April 16, 2024 | americanbankingnews.com

ClearSign Technologies (NASDAQ:CLIR) Now Covered by Analysts at StockNews.com

April 18, 2024 | Crypto 101 Media (Ad)

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April 11, 2024 | prnewswire.com

ClearSign Technologies Corporation Announces Full Year 2023 Conference Call

April 8, 2024 | americanbankingnews.com

ClearSign Technologies (NASDAQ:CLIR) Research Coverage Started at StockNews.com

April 1, 2024 | msn.com

CLIR Stock Earnings: ClearSign Technologies Beats Revenue for Q4 2023

February 21, 2024 | finance.yahoo.com

ClearSign Technologies Corporation Receives First in Series of Four Boiler Burner Purchase Orders

February 21, 2024 | prnewswire.com

ClearSign Technologies Corporation Receives First in Series of Four Boiler Burner Purchase Orders

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

February 14, 2024 | finance.yahoo.com

We're Not Very Worried About ClearSign Technologies' (NASDAQ:CLIR) Cash Burn Rate

February 13, 2024 | finance.yahoo.com

ClearSign Technologies Corporation Burner Performance Receives Best Available Control Technology (BACT) Determinations for Single and Multi Process-Burner Heaters

February 8, 2024 | msn.com

ClearSign Technologies expects revenues of about $1.2M during Q4

February 7, 2024 | stockhouse.com

ClearSign Technologies Corporation Provides Preliminary 2023 Financial Results

February 1, 2024 | finance.yahoo.com

ClearSign Technologies Corporation to Present at Integrous Big Hearts, Big Ideas Virtual Investor Conference on February 14th-15th

January 22, 2024 | finance.yahoo.com

ClearSign Technologies Corporation (CLIR)

January 17, 2024 | finance.yahoo.com

ClearSign Technologies Corporation Announces Successful Start Up of Multi-Burner Heater in California Project

December 8, 2023 | morningstar.com

ClearSign Technologies Corp CLIR

November 28, 2023 | thestreet.com

ClearSign Technologies Corporation

November 25, 2023 | finance.yahoo.com

ClearSign Technologies (NASDAQ:CLIR) delivers shareholders notable 98% return over 1 year, surging 59% in the last week alone

November 15, 2023 | finance.yahoo.com

ClearSign Technologies (CLIR) Q3 Earnings Surpass Estimates

November 15, 2023 | finance.yahoo.com

ClearSign Technologies Corporation (NASDAQ:CLIR) Q3 2023 Earnings Call Transcript

November 14, 2023 | benzinga.com

ClearSign Technologies: Q3 Earnings Insights

November 14, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Provides Third Quarter 2023 Update

November 7, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Hire of Matthew Martin as Chief Technology Officer

October 31, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Third Quarter Conference Call

October 17, 2023 | finance.yahoo.com

3 Explosive Penny Stocks With 10X Potential in One Year

September 20, 2023 | msn.com

ClearSign secures support, collaboration from SoCalGas for hydrogen project

See More Headlines

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Company Calendar

Last Earnings: 5/18/2023
Today: 4/18/2024
Next Earnings (Estimated): 5/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Process control instruments
Sub-Industry: N/A
Current Symbol: NASDAQ:CLIR
CUSIP: N/A
CIK: 1434524
Web: www.clearsign.com
Phone: (206) 673-4848
Fax: 206-299-3553
Employees: 15
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: +597.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.13)
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: -216.15%
Pretax Margin: -216.15%
Return on Equity: -77.28%
Return on Assets: -55.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.89
Quick Ratio: 2.89

Sales & Book Value

Annual Sales: $2.40 million
Price / Sales: 13.99
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.13 per share
Price / Book: 6.62

Miscellaneous

Outstanding Shares: 39,040,000
Free Float: 30,021,000
Market Cap: $33.57 million
Optionable: Optionable
Beta: 0.99

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Key Executives

Dr. Colin James Deller Ph.D. (Age 56)
CEO, President, Corporate Secretary & Director
Comp: $471.97k
Mr. Brent Hinds (Age 45)
CFO & Treasurer
Comp: $277.44k
Mr. Matthew Martin
Chief Technology Officer
Louis Basenese
Vice President of Corporate Communications
Mr. Stephen Michael Sock
Senior Vice President of Business Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLIR Stock Analysis - Frequently Asked Questions

Should I buy or sell ClearSign Technologies stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ClearSign Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLIR shares.
View CLIR analyst ratings or view top-rated stocks.
What is ClearSign Technologies' stock price target for 2024?: 1 brokers have issued 12-month price targets for ClearSign Technologies' shares. Their CLIR share price targets range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 597.7% from the stock's current price.
View analysts price targets for CLIR or view top-rated stocks among Wall Street analysts.
How have CLIR shares performed in 2024?: ClearSign Technologies' stock was trading at $1.11 on January 1st, 2024. Since then, CLIR shares have decreased by 22.5% and is now trading at $0.86.
View the best growth stocks for 2024 here.
When is ClearSign Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our CLIR earnings forecast.
How were ClearSign Technologies' earnings last quarter?: ClearSign Technologies Co. (NASDAQ:CLIR) issued its quarterly earnings data on Thursday, May, 18th. 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 $0.89 million for the quarter, compared to the consensus estimate of $0.60 million. ClearSign Technologies had a negative trailing twelve-month return on equity of 77.28% and a negative net margin of 216.15%. During the same quarter in the previous year, the firm earned ($0.05) EPS.

What guidance has ClearSign Technologies issued on next quarter's earnings?: ClearSign Technologies updated its FY 2023 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.3 million-$2.3 million, compared to the consensus revenue estimate of $1.9 million.
What other stocks do shareholders of ClearSign Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ClearSign Technologies investors own include T2 Biosystems (TTOO), FuelCell Energy (FCEL), Co-Diagnostics (CODX), OPKO Health (OPK), VBI Vaccines (VBIV), Biocept (BIOC), iBio (IBIO), Ocean Power Technologies (OPTT), Sorrento Therapeutics (SRNE) and Heat Biologics (HTBX).
Who are ClearSign Technologies' major shareholders?: ClearSign Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Disciplined Investments LLC (0.12%). Insiders that own company stock include Bruce Alan Pate and Robert Thurston Sr Hoffman Sr.
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.

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

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