ClearSign Technologies Co. (NASDAQ:CLIR – Free Report) – Research analysts at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for shares of ClearSign Technologies in a research note issued on Thursday, April 17th. HC Wainwright analyst A. Dayal forecasts that the technology company will earn ($0.03) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $2.00 target price on the stock. The consensus estimate for ClearSign Technologies’ current full-year earnings is ($0.13) per share. HC Wainwright also issued estimates for ClearSign Technologies’ Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at ($0.03) EPS and FY2029 earnings at $0.17 EPS.
Separately, StockNews.com initiated coverage on ClearSign Technologies in a research report on Friday, April 11th. They set a “sell” rating on the stock.
ClearSign Technologies Trading Up 3.4 %
CLIR opened at $0.58 on Friday. ClearSign Technologies has a 12 month low of $0.46 and a 12 month high of $1.72. The company has a market cap of $30.41 million, a PE ratio of -5.27 and a beta of 1.18. The company has a 50 day moving average of $0.75 and a 200 day moving average of $0.96.
ClearSign Technologies (NASDAQ:CLIR – Get Free Report) last issued its earnings results on Wednesday, April 2nd. The technology company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. ClearSign Technologies had a negative net margin of 118.93% and a negative return on equity of 50.44%. The firm had revenue of $0.60 million during the quarter, compared to analyst estimates of $1.55 million.
Hedge Funds Weigh In On ClearSign Technologies
A number of large investors have recently modified their holdings of the company. Simon Quick Advisors LLC purchased a new stake in shares of ClearSign Technologies in the 1st quarter valued at about $452,000. Citadel Advisors LLC purchased a new position in ClearSign Technologies in the 4th quarter worth approximately $49,000. Northern Trust Corp increased its holdings in shares of ClearSign Technologies by 23.8% in the 4th quarter. Northern Trust Corp now owns 75,466 shares of the technology company’s stock worth $109,000 after buying an additional 14,521 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of ClearSign Technologies during the 4th quarter valued at $75,000. Finally, Renaissance Technologies LLC bought a new stake in shares of ClearSign Technologies during the 4th quarter worth $84,000. 24.03% of the stock is currently owned by institutional investors.
About ClearSign Technologies
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.
Recommended Stories
- Five stocks we like better than ClearSign Technologies
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks
- How to trade using analyst ratings
- These 3 Stocks Have Huge Last 12 Months Shareholder Yields
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?
Receive News & Ratings for ClearSign Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearSign Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
