CLEAR Secure (NYSE:YOU) Now Covered by Analysts at DA Davidson

DA Davidson started coverage on shares of CLEAR Secure (NYSE:YOU) in a report published on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $45.00 price target on the stock.

Several other brokerages have also recently weighed in on YOU. Wells Fargo & Company raised their price objective on CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a report on Wednesday, August 6th. Zacks Research upgraded CLEAR Secure from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. Wall Street Zen raised shares of CLEAR Secure from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Stifel Nicolaus raised their target price on shares of CLEAR Secure from $26.00 to $28.00 and gave the company a “hold” rating in a research note on Tuesday, July 29th. Finally, Telsey Advisory Group lifted their price objective on shares of CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.71.

CLEAR Secure Stock Up 0.1%

Shares of YOU opened at $37.86 on Tuesday. The stock has a market capitalization of $5.03 billion, a P/E ratio of 23.66 and a beta of 1.27. CLEAR Secure has a twelve month low of $21.67 and a twelve month high of $38.88. The company has a 50 day moving average of $32.97 and a 200-day moving average of $28.25.

CLEAR Secure (NYSE:YOU) last released its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The business had revenue of $219.47 million during the quarter, compared to the consensus estimate of $214.90 million. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that CLEAR Secure will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 10th. CLEAR Secure’s payout ratio is currently 31.25%.

Insider Transactions at CLEAR Secure

In related news, Director Adam Wiener sold 6,000 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $35.00, for a total value of $210,000.00. Following the completion of the sale, the director directly owned 201,634 shares in the company, valued at $7,057,190. The trade was a 2.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Dennis W. Liu sold 2,027 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the completion of the sale, the chief accounting officer directly owned 11,896 shares of the company’s stock, valued at approximately $428,256. The trade was a 14.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 61,027 shares of company stock worth $2,043,243 over the last quarter. Company insiders own 39.73% of the company’s stock.

Institutional Investors Weigh In On CLEAR Secure

A number of institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. boosted its holdings in CLEAR Secure by 31.8% in the 2nd quarter. Osaic Holdings Inc. now owns 73,653 shares of the company’s stock valued at $2,019,000 after purchasing an additional 17,771 shares during the period. Cim LLC boosted its holdings in CLEAR Secure by 5.2% in the 2nd quarter. Cim LLC now owns 61,170 shares of the company’s stock valued at $1,698,000 after purchasing an additional 3,014 shares during the period. State of Wyoming bought a new stake in shares of CLEAR Secure in the second quarter valued at approximately $126,000. Geneos Wealth Management Inc. boosted its stake in shares of CLEAR Secure by 69.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,655 shares of the company’s stock valued at $46,000 after buying an additional 680 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of CLEAR Secure by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 9,977 shares of the company’s stock valued at $277,000 after buying an additional 1,595 shares during the period. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure Company Profile

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.